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2025-03-31-accounts

APPENDIX 1 oscr,- Period start date ' Oay_,' Month Year 2024 Period end date Morth Year 2025 To 31 Office of the Scottish Charlty Regulator Reference and administration details Charity name Other names charity is known by Reglstered charity number Charfty's principal addr&ss Glasgow Orthopaedic Research Charitable Trust Glasgow Orthopaedic Research SC041188 Orth0p￿dic Deparbnent, Gatehouse Building, Glasgow Royal Infirmary, 84 Castle St Glasgow Postcode G4 OSF Names of the charity trustees on date of approval of Tntstees, Annual Report Office (rf any) (or body) entitled to Chairman l Treasurer Secretsry 10 11 12 13 14 15 16 1 17 18 19 20 1

APPENDIX 1 Reference and administration details Names of all other Charity trustees during the perlod, if any, {for example, those who resigned part way through the financial period) Structure, governance and management Type of governing document Trust Deed Trustee recruitment and appointment No trustee recruitment has occurred over this time period. Objectives and activities Charitable purposes The advancement of education The advancement of health The saving of lives Summary of the main activities in relation to these objects 1. Obtain funding to support the objects of the charity- 2. Undertake directly: or commission, medical and scientific research that supports the cbjectives of the charity. 3. Provide educalion andlor training for medrcal workers.

APPENDIX 1 Achievements and performance Summary of the main achievements of During the reporting period 2024-2025, the charity was involved the charity during the financial period supporting the development of NHS staff by sending them on training i Opportunities and conferences in Glasgow and in Manchester. The Charity has also supported a research project in the NHS and donated £43,062.91. The grant will provide assistance to an NHS clinical trial and other research audits that have been run locally. The Charity supported the purchase of research software to support the department in the generation of data for publications. The Department also run a fundraising event with an aim to generate additional income for the charity and support further staff development events. However, the fundraising event expenditure was more than the income that was generated. The charity trustees will decide whether events like this will be run in fvture and if so they will opt for a different I model to prevent further loss of funds. Financial review Brief statement of the charity's policy on reserves The charity currently has reserves in a long term investment portfolio which will be used to support the aims and objectives of the Charity in the short term while creating future income to continue to meets the charity's aims in the future. In the previous reporting year the Charity invested £232,161.23 in an investment portfolio which is now estimated to be valued at £192,232.25 following the withdrawal of £50,000 to cover research costs. Details of any deficit There is no deficit for this reporting period. Donated facilities and services (.if any)

APPENDIX 1 Other optional information Declaration The trustees declare that they have approved the tru8tses' report abov8. Signed on behall of the charlty's trustees Signature(8> - Full name(s) Position (e.g. Chair) Date L{'Iil

Glasgow Orthopaedic Research Charitable Trust SC041188 Receipts and Payments Account for the year end 31st March 2025 Mar-24 Receipts Donation received Patient / relatives donations Income generated from commercial companies Income from Fundraising Money from Investments £ 9,750.00 2,755.00 £ 50,000.00 - Total Receipts £ ' 52,755.00 £ 9,750.00 Payments made Investments Supporting Clinical Research Studies Grant for Clinical Research Conference fees Fundraising Event + Consumables Costs for running lettures / educational events Equipment for research projects Research Publication Costs Costs for administering charity £ 43,062.91 2,120.00 5,304.00 £ 29.762.14 £ 8,790.00 188.65 768.00 125.60 Total Payments £ 50,837.51 £ 39,820.74 Surplus / deficit for year 1,917.49 -£ 30,070.74

Glasgow Orthopaedic Research Charitable Trust SC041188 Statement of Balances as at 31st March 2025 Mar-25 Mar-24 Fixed Assest Current Assest5 Bank account Invested 2,353.74 £ 192,232.25 436.25 £ 236,161.23 £ 194,585.99 £ 236,597.48 Current Liabilities Represented by Opening Reserve5 Excess Expenditure over income 436.25 1,917.49 £ 30,506.99 -£ 30,070.74 Retained earnings as at 31st March 2025 2,353.74 436.25