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 aCknO￿edg6d, 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 Hea￿h 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 RiiiI￿l￿
I InrLdlisLd (lain i)n rL%dlualii)n
I nL)II. 31
gy7
14
i'o'rAL INCO￿11%(. 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 RLkalU￿i0n ofini'L￿tm¥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
￿Lse￿Lh 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
r￿harg¢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