CANNIESBURN RESEARCH TRUST ANNUAL RF.PORT OF THF TRUSTEES 2025 Sc¢
CANNIESBURN RESEARCH TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31st MARCH 2025 The aims of the Canniosburn Res8arch Trust fonned in 1994 remain th8 same: Promote research in all aspects of Plastic Surgery Encourage the use cf the results of this resear9h in surgical training and patient care, and for the general good of the SFeciaty, the resufts of the research by means of publication in joumals and by presentation at surgical and Scientif meetings Encourage the acquisition of advanced surgical skills through Ihe astablishment of training open to all rnembers of the surgical profession ake available ppropriate our888 that are During th8 year. th8 following h81d office as Twste88". The Trustees receiv6d no remunaration dunng the period covered by this report. Staffing The Canniesburn Re88arch Trust employed the folbwing staff durng the financial y8ar of is report.. Research Secretary COURSES Intemational Practical FLa and Perforator Course A course was held in September 2024. in conjunclion with tha Anatomy Department, Univ*sty of Glasgow. This was well received by participants who attended. both from UK Units, and abroad. Regrèttable, a slgnificantly reduced number attended. Again, ft is aCknOedg6d, ther8 a avaitable to trainees, which has impactsd interest for this cours8 in Glasgow. other courses tensive Pr&Fellowshi rs8 Courses continue to be held Iwice a year. using Zoom plafform. Feedback is positiva, and be held in this manner. ill continu8 to TEACHING, TRAINING, SCHOLARSHIPS- BURSARIES: Links continue with the Ghana project and its Chainnan, to visit the Canniesbum Plastic Surgery Unit as ob8ervers an Glasgow and Clyd8 Heah Board. This r8lationship benefits all concern8d. Th8 Unit wel In the guidelln om88 surg8on8 s of Greater rainees, wi The Research Trust continues to award bursari6s to Staff, to pump prime Small research pmjects and facilÉtaté audit. The Trust has support8d special study modules and attendance at conf8r8nce and scientif members of staff within the Canniesbum Plastic Surgery UniL meetings ft)r Highly Specialist Physiothorapist, Canniesbum PSU 247.75 - NES Hand Therapy Training modules Physiotherapist. Canniesbum PSU £205 - Management of Acut8 Facial Palsy
FUNDS The financpl position of the Trust is set out in the attached accounts. In accordance with the (Accounts and RekK)rts) regulations 1995 issued by the Home Office, an Audit of the accounts is not required. harilies f the Trust RESEARCH ontinues his augmented reality research. He had cornpleted two randomised I Is, which were not published as yet. This involved breast cancer, cleft lip and sarcoma and is one of Ihe first randomised trials conducted by the Canniesburn Unit, and one of the few randomised Irials co pleted in the UK in plaslic surgery. FINANCIAL STATUS OF THE TRUST Teaching courses conlinue to be re-costed annually in line with inflation and in keeping with ot in the United Kingdom and abroad. No further research fellow has been taken on by the Rese er courses rch Trust. The Research Trust intends to continue funding small research projects and pilot studies and individuals within the Canniesbum Plastic Surgery Unit in the developmeni of their skills. pporting Trustee Date 0311112025
CANNIESBLRN RESF.ARCII TRLST Balance Sheet as at 31, Nlarch 2025 20?5 2024 Note TA(:1BL£ A.%SF.TS In%'eslmcnts- lisled 115.IM)7 C'I RRENT Debior Bank Elalances 10 121449 1?1.754 1 ?3.754 12•.599 Amounli Dui Wiihin l)ni YLJr I'rcdiiors & A¢¢ruals 3.71M X.404 L'I. C LRREN'I .4SSE'I'S 1 ?0.036 113.6Y5 £2 16.11411 L? !X.7112 C.ANNITr:SBI.'R% Kfr.S&;AR('II I'RI',S1' TrI.%I). 2Q!S ?024 Unresrricied (ieneral Fund (71 £2.16.040 1.228.702 ThL dbove a¢LOUll1% wh¢ri appru%'cd hy thc tru%tec
Independent Examiner's Report to the Trustees on the Unauditdl Accounts of the Canniesburn Research Trust I report on ihe accounts for the )'ear ended ilst March ?0?5. These accounts were prepared me and w.ere based on informalion and eiplanations provided b). the Trust. R¢sp¢ctive rcsponsibiliiies of managemeni comminee and indeJKndeni examiner: The truslees ihrough ihe managemeni commintt a reswnsible for ihe preparation o accounts. and the!. consider ihai ih¢ Trusi is eiempt from an audit. li is m), reskx)nsibili ¢xamin¢ the accounls and based on MN examination io rep)n my opinion. io Basis of opinion I have carried out such invesiigaiion5 as "¢re necessary, lo enable Tne io fomi an opinion Thhethcr propcr accounting records adequate for th¢ purposes of Ihe Trusl haie Ixen kepi the accounts of the Tru51 wer¢ in accordance with Ihe accounting records. to and Opinion In my opinion. according lo Ihe t of m>. knO.ledge and belief, and in accordance wii information and explanaiion5 to me- Ihe (a) the Trust salisfied the condilions for exempiion from an audit of the Acco for the )ear specified: nts (b) Ihe Siaiemenl of Financial Aciivil). and Income & Expendilure. and Balance Sheei and noies thereon hai'¢ been properll prepared from records ot-lhe Trusl. and are in abireemeni Iheremiih: and the lh¢ accounrs hai'e prepared and ciamined in accordance WTthi the Charities and Truslee Iniesiment Iscoiland) Act ?OOi and the Ch lies Accounis I Scoiland) Regulaiions ?006.
CANNIF.SBURN RF.SEARCH TRUST Combined Statement of Financial Activity #nd Income and Expendilure For the Year ended 3 1st March 2025 2025 2025 2024 GROSS INCO.IIE GEYER..ITLD C'i)ur%L l.Le n()tL14hl 54. 16 Iiii¥fLs1 aiid l)iN idLnds RiiiIl I InrLdlisLd (lain i)n rL%dlualii)n I nL)II. 31 gy7 14 i'o'rAL INCO11%(. RL4iOI'RC'.F.S 45.115.1 45,1153 66. GR()SS RF:SOIIRCTr"S b'lPF-NDED l)1 Rl.-L ]' ('()S'1'S IN('I I RRI.'I) IN 'I'I11.' (il.'Nl.'RA 111 IN ()I.' IN'('I IMI.. C i)urse l.'IPLnses P()nloli() MunagLmeni C'hurgie I ni)IL 4b 29.114? 4.111 29.1142 43¥ 29. ?().Jxii 11}.41111 111,'%I.'AR('I I I-'XPI.'N I)I'l'l Ikl-' & Ml.'I."I'IN(iS KL%¥drih I'.IPLndiiiiri &, ( Jfai)l% KlddL l()r RL%¥ufLh &, I raining In()IL Shi AI)MINIS'1'RA'I I()N I.'XI)I.'NI)I'I'IIRI.' 6.(Tr21 5116 )hiili)¥rJphN, IJri)mi)li()ndl l.'xp% & Mili 7.127 7,127 TOTAL R Tr.SOI',RC'b:% Tr:IPTr;NDb'l) 37.715 37.715 46. ()PTr.RATING SI,'RPI.I,' 7,-1.111 7.-1.111 211. FI'ND BAI.ANC'ES A'I. S'I'AR'I. OF I'EAR 72¥.7112 2211.7112 207. FI:ID BALANCES CARRIF:D F"ORII'ARD i?l().1}40 £?.Ih.11411 £2?8
CANYIESBURN REf>F.ARCH TRLl6iT Notes to the Accounts -11 ' March 2025 ACCOUNTING POI.ICII.S a. The accounts have been prepared under the hislorical c05t conveniion as modified for Ihe revaluation of investments as ai the balance sheei dale. b. Donations and appeal proceeds are accounted for on a cash basis. Income from investments is accounled for on Ihe dale on which li falls due for paymeni. d. Invesinicnis are %iaied al market value. Grants reflecl amounts paid and payable in the year, TAXATION Th¢ Trusl has charitable status and is exempl from iaxaii()n. I'he Trust is noi reg7i5tered for V A T and accordingly any irre¢ov¢rable lax is included in Ihe cost of the item concemed. 31 INVb.STME.:N I'S See Appendix I ?025 ?0?4 Markel Value al I. April ?0?4 Acquisilions at Cosl £115.007 £106.103 Disposals al Opening Market Value or Cosl il. acquired in year Gain on Revaluation al 31 sl March ?O?fj 997 8.904 Markel Value al 31 sl March ?0?5 £116.004 £115.007 Comprising.. Equities. Unil Trusts, Bonds & Colleclives £116.004 £11S,007 H i510rical Cosi ai 31 MarLh ?O?.S £105 ?78 £10S.?78
CANNIESBURN RESEARCH TRU'ST Notes ¢0 the accounls 31, Mareh 2025 IconlinuLdl 4a) fOTAI. INL'OMI". (iENF.RA TI-.D Cour% l.¥r5 NoiL14bl 38.821 54.5 Donations -1.696 1.539 IntLfL51 & 1)ii idends Gain on RLkalUi0n ofini'Ltm¥fti N()ie li} 97 8.1 £45.05i £66. 44 4bl CON-I-RIBII'I-ION Irom COIIR%I.'S l>reftll()wship & Adniin 20?5 20? TDI 14.7?1 ?4.100 54. 16 Course F.xFL'nses ?3.27? 1.770 4.000 29. 50 Contribution IX.5511 ?2..330 L9.779 £?4. 66 Sal TOTAI. RI-.SIIIIRCES Expf.Nl)l.l) 2025 20? CoursL. F.irLnses Ponfolii) MatnagLmcni ChargL LseLh l..XPLndilurL & (Jrants madL for 'I-raining Sicrctarial &. Administraiion C'os15 Phi)l()g7raph}', ljromolional & Mi%L 'oie14b) 29. 50 418 1.108 6.621 506 Ni)IL 15bl Ni)ie161 68 57 £37.715 £46. 17 5b) RF.%F.ARC I I I-.XPI.-NDITlJ'RI- & (JRAN'f% MAt)r. i.-()R 'l'RAININ(i 10?5 20? Paid fr()m (ILnLrdl funds.. ()Ih¢r Re%¢arch. F.quipm¢nl C'osis & 'l-Laching Grdnis lor FunhLr Education L(Trur%L l.¥x% & Reimbursem¢ni of Ak¥ociai¢d"I"rdicl l..NFKnses 1.108 £1.108 £9. 68
CANNIESBURII RESF.ARCH TRLIST Notes to the accounts 31" March 2025 Icontinuedi 61 SF.CRETARIAL and At)Ml%l%'l RA I'ION C'OSTS ?075 70?4 Pa¥roll Costs and SurKrdnnuaiion Lcss.. CoursL" IlaTkcling & ,.Idmin c.osts rharg¢d iu iours¢ 9.956 14.0001 1.956 Othcr Administration F.xrKnses 665 £6.6?1 £6.0 71 LINRESTRICTED GF.NF.RAL FLINI)S ?0?5 ?024 Ai I si April ?0?4 Otmiing Surplus ??X.711? ?07.() 7.3.114 ?0.7 Ai 3151 March ?0?5 £? j6.0411 £??8.7 81 TRUSTF.E.S 'rhe Trusiees did noi receiie an) remunernion during ihL" !¢ar. i ?0?4.. Nil) 91 TRANSAL TIONS WITII C(INN'F.CTF.D tJODIF.S 'l-he'frusl reimbursed CJfL?ILf L-lidL NHS Ttust for c¥[ndItU on ils tK"haif during lh¢ N¢ar. This amount¥d ii) £ I 0.110 120?4.. £9.379 1. C'r¢diior% inLlud¢ an {)Unt ()1. £991 1211)4.. £1,88_il due io ihe NHS 'frust.
CANNIF.SBURN RF.SF.ARCH TRIIST Ii%N'EST%IENTS Appendix I Schtdule of Investments Ilt mxrket vallle xs at Jlst I1arch 2025 ?n?5 ?0? Eiel¥n Pinrs Ljmb A F.vel)'n Ilal P"l-F 105.0(M)units 116.004 Tot41 Equities & Collt¢tives £116.004 £115. 117