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 stat￿nen{S of the Fund for the year ended 31 December 2024 which are set out on pages
4t06.
Re5pe¢tlve resp￿lIS1b1l[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 ca￿led 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 dI￿10$Ur&S in the
financial stsiaiienls, and seeks explanatjOll5 froni the Truste¢s ¢onceming any such mailers. The pro¢edures
und¢rtsken do not provide all the evidence that would be ffquired in an audit, and consequently I do not expre5S
an audit opinion ots the view givell by th¢ fu￿]e1a] statements.
Indopendent ex$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 Tn￿leeS 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