MEDICAL LASER RESEARCH FUND CHARITY NUMBER: SC037390 FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
MEDICAL LASER RESEARCFI FUND Contents Pa¥e Charity inforniation Trustees, report Indep¢ndent examiner's report ReceipL$ ond payments aceount Statement of balances Notes to the financial stotement8
MEDICAL LASER RESEARCH FUND Charity inforn]ation Triistees Prlnclpal gddress Photobiology Unit l.cvcl 8 Ninewell.% Ho%pital & Medical Schryjl Dund¢e DDI 9SY Independei)t examlner 59 Boiitlygate CUPAR KY15 4BY Cliarlty Dumber SC037390
MEDICAL LASER RESEARCH FUND Trustees. report foi. lh¢ year ended 31 D¢¢¢niber 2024 Coiistltutlov gnd objeets The Fund was constituted Js an unincuTPOTat¢d charity on 30 March 2006. The founding documeni states Ihai. Ihe purp()ses uf 111¢ Funti lo support photodiagn(kSi.8 and pl)olodyn8mic thernpy in Scoiland, to provide ielief fiDlll ill ljealih and disir¢ss of palien15who may be treotcd or wh08¢ conditiOTh may bc diagnosed by laser or other sources of optical radiation and to promote, for lh¢ public benefit, the knowl¢dge and tea¢hing of such techniques; and itl furtheran¢e of such puryoses, to proviik slaff. accommodation, instrumcnts, equipjnent and materials for the PUTposes of promoting ihe furthering research and advancit]g spe¢iaJi8t techniques in sucli a way and manner as rhe Board mwnbvr% iii Ilirir uii¥otilivllcd di5crction may d¢Gidt upon, and pay any oiher ¢osts or expenses incurred in promoting and fvrthering such research, and by making the useful regultg of such reSe.ch publicly available" Activities Achievements The Trust¢cJ iimtinue to receiv¢ donaiions and mak¢ distributions in furtherdnce of the sialed obj¢¢lives of the Fund. RcscrYc8 The Trust held unrestri¢ted fi]nds of £276,777 {2023- £327,459) at the year end. Appointment of Trustees Trust¢¢s ar¢ nomijiated and appointed by the thcn sxisting TN8t¢¢s. The Trustees ai ihe d81e of this report are giycn ¢)n page l. In additioii w&$ a Trustee until her resignalion on 30 September 2024. Trustee rel}ineratIon expenses Training expcns¢s of £4.685 {2023 £3,560) wetr paid lo J Tmst¢es (2023 - 2). No Ttust¢es r¢c¢iv¢d any remuneration fr()tn the Trust during Bitlicr th¢ Current or Previous financial y¢ar. Approved by ili¢ Truslees and signed on thcir b¢half by=
MEDICAL LASER RESEARCH FUND Independeiit examiiici s TCPOrt to the Trnst¢¢s of M¢di¢al Laser R¢scarch Fund I report on Ihe financial statnen{S of the Fund for the year ended 31 December 2024 which are set out on pages 4t06. Re5pe¢tlve resplIS1b1l[I1eS of Truytees #lid examlner The Charily's Trustee% are respoiTrsible for il)e preparation of ihe flnancial slatcni¢nt8 in awordancc with ihe tern18 of the ChatÉties Trust¢e ljivestment {S¢otlandl A¢t 2005 and the Chariti¢% A¢¢ounts (Scotland) Regulations 2006. The Charity's Trusiees consider that the audit requiremeni of Regulation 10(I)(d) of the 2006 Accounts Regulations does not apply. It is my responsibility io exatnine the fJthan¢ial statement% as required under Section 44(1)Ic) of the Act and to siaie whether pgrtieular matters hdve Lotiie 10 tijy alieJLtiiiii. Basi$ of indepeiident ex*mlAer's statement My examination Is caled out in accordance wilh Reguldlion 11 of Ihe 2006 Albouiilf Rcgulalions. examination includes a review of Iht aLLoulliingN records k¢pi by Ilie Futld and a COLnparison of th¢ liiiancsal statements pr¢senied willi those records. It also itlcludes ¢onsid¢rdlion of any unusual iiem8 or dI10$Ur&S in the financial stsiaiienls, and seeks explanatjOll5 froni the Truste¢s ¢onceming any such mailers. The pro¢edures und¢rtsken do not provide all the evidence that would be ffquired in an audit, and consequently I do not expre5S an audit opinion ots the view givell by th¢ fu]e1a] statements. Indopendent ex$mlner's statement In the course of my examination. no matter IM ¢ome to my atieniion.. which giv45 me reasonable cause io believe that in any maierial respect the requirenienL8'. 10 kuep acwunling reeord5 in accordanbe with 6eCtion 44{IXa) of the 2005 Act and R¢gulation 4 of IhL 2006 Aty¢owils Regulation5 10 pr¢war¢ fiii8jKial slaleniejils whiGIi iiccord wilh tli¢ a¢counting records and Comply with Regulatioii 9 of the 2006 Accounts Rcxulatiot]8 have not been met, or to which, in my opinion, atlenlion should be drawn in order to enable a proper understRnding of the rinallcial %iaieinenis to be reached. alr 59 Bonnygatc CUPAR Fife KYIS4BY Dale..
MEDICAL LASER RESEARCH FUND Receipts and payments accouni for the year ended 31 December 2024 Unrestricted 2024 Unrestricted 2023 Note Reeelpts Donations received Sundry refunds received Interest received 120,000 112 9,647 120,000 200 5,292 Total receipL8 129,7S9 125,492 PayJneThts Charitable activities Governan¢e 179.901 480 90.987 456 Total payments 180,441 91,443 (Dellclt)ISurplu$ for the year ($11,682) 34,049
MEDICAL LASER RESEARCH FUND Statement of bfylan¢es as at 31 D¢c¢mber 2024 2024 2023 Casli on deposit and in haiid Opci)ing balaTkGC (D¢ficit)ISurplus for year 327,4S9 (50,682) 293,410 34,049 Closing balance 276.777 327,459 Re8erve5 Unrcstrlcted funds 276,777 327,459 Equipment- cost 28,451 28,451 Amounts receivable Interest due 2,223 3,050 Estimated liabilities as at 31 December 2024 IDdcp¢nd¢nt ¢xaniinalion fees Paynicnt duc to Ui)iversity ofDundee Paynicnts du¢ 10 NHS Tayside 504 25.720 6,269 480 49,865 18,730 Approved by the TnleeS on JLI1IL£- and signed on iheir behalf by
MEDICAL LASER RESEARCH FUND Notes to the financial statements Ac¢ouJitiJig policies Basis of preparation The financial btatements are prepared in a¢¢ordance with the Charities Accounts (Scotland) Regulations 2006 (as amended). Charltable aetlvltles 2024 2023 Support for Photodynamic Therapy- NHS Tayside Support for Photodynamic Therapy- University of Dundee EADV membeTShip MateTia15 Training and Conference costs Website cosis Other general Nnning costs Catering Red Flag Cards Report wriiing Sofiware 45,712 123,116 31A42 42.260 162 75 14,J64 18 2.546 284 7,071 18 1,402 1,309 149 900 320 179,961 90,987