Chairman’s report IN 2015-16, WE HAVE, ONCE AGAIN, MADE A SIGNIFICANT INVESTMENT IN EPILEPSY RESEARCH OF THE HIGHEST CALIBRE. A TOTAL OF SIX AWARDS WERE MADE THIS YEAR AND WE ARE GENUINELY EXCITED ABOUT THE CONTRIBUTION THEY WILL MAKE TO THE FIELD OF EPILEPSY. Topics include brain cell transplantation as a possible treatment for epilepsy, the effects of sleep problems in infants with epilepsy on their cognitive development, and improving access to surgery for people with tuberous sclerosis. You can read more about these studies later in this review and we look forward to updating you as they progress. I am particularly encouraged that we were able to support two fellowships this year. These are our flagship awards and allow us to invest in promising young clinicians and scientists at the start of their research careers. Previous experience suggests that support from Epilepsy Research UK at this stage is highly influential in
keeping these talented individuals involved in epilepsy research in the longer term. I wish Dr Sukhvir Wright, at Aston University, and Dr Alfredo Gonzalez-Sulser, at the University of Edinburgh, every success for their fellowships and for a long and fruitful career in epilepsy research. We were proud to have the opportunity to announce these fellowships, along with our new pilot and project grants, at a supporter reception held at No. 11 Downing Street in May, during National Epilepsy Week 2016. These highprofile events have now become an annual fixture in the Epilepsy Research UK calendar. The energy and enthusiasm when our supporters and researchers meet is palpable,
and there is a genuine sense of shared goals. In other news, the UK Medicines and Healthcare products Regulatory Authority (MHRA) launched a new toolkit in February 2016 to raise awareness about the risks of taking valproate medicines during pregnancy. These are commonly prescribed drugs for epilepsy but are associated with abnormalities in children exposed to them in the womb. Epilepsy Research UK funded some of the early research in this field and made an important contribution to the development of the MHRA toolkit, which is already impacting upon clinical practice. March 2016 witnessed our 11th international expert workshop on tumour-associated epilepsy, which you can read about in more detail elsewhere in this review. It has been my great privilege to attend many of
our expert workshops over the years and, in my view, this was the most successful to date in terms of interaction and commitment of the participants. I look forward to their continued efforts to raise awareness and funding in this important area. 2015-16 was another good year in terms of overall income, thanks entirely to the dedication of our staff and the unstinting commitment of our incredible supporters. We continue to fund high quality, ground-breaking science and have ambitions to fund even more in future. In that sense, epilepsy research needs you now more than ever. Your continued efforts are crucial to improving epilepsy care – because together we really can transform lives. Dr Graeme Sills Chair of Trustees
transforming lives through research in 2016
Fundraising
a huge thank you to all our supporters
Epilepsy Research UK is entirely dependent on donations to fund its grant awards, and we are hugely indebted to all our supporters for their generosity. Whether you have made a single or regular donation, asked for contributions in lieu of gifts or to honour the memory of someone special, or you are a company or charitable trust that has donated, we thank you all. Whatever the size of donation you give, it makes an enormous difference to the amount of research we can fund. Those who have actively fundraised for us during the year have done so with incredible drive and ingenuity. People have walked, run, cycled, kayaked, swum, waded through mud, and embraced the thrill of skydiving or bungee-jumping, across the UK and abroad! Others have fundraised for us by organising activities from coffee mornings to golf days. Gifts of time have been given by volunteers for cheering teams, in Christmas card shops and for collections. The dedication and time given to make these events possible, and the generous support of those who sponsor or help organise these activities, are immense. Invariably people choose to support Epilepsy Research UK because epilepsy has had an impact on their own lives or on the lives of people close to them. This is particularly true for those who support us because they have lost a loved one to
epilepsy. The commitment they show, in the hope that their efforts will help to prevent others from going through what they have endured, is truly inspiring. This year monies raised by our memorial funds will be allocated to Dr Wright’s research, described overleaf. Some people choose to support us by remembering Epilepsy Research UK in their will. This simple but exceptionally thoughtful act makes a significant difference to the amount of research we can fund every year, and it is very much appreciated. We would like to thank all our supporters for their contributions, however they were made, over the past year. It is only through your efforts and generosity that we can hope to make a real difference to the lives of people with epilepsy.
Financial summary
income
2% 7%
Individuals
£305,762
2015/16 was a successful year in fundraising terms, with total charity income from all sources of £1,236,209.
Legacies
£426,044
Fundraising events
£328,704 27%
Trusts & companies
£88,455
This enabled us to award £687,179 in research grants. Expenditure on our other charitable activities also increased, as we held a scientific workshop; contributed to research networks; and continued to develop our social media activity to raise awareness of epilepsy and the need for research into the condition. We continued to keep our fundraising costs and expenditure under tight control. During the year we allocated £25,000 from the
Interest
£24,818
Trustees PRESIDENT
Professor Brian Neville (retired December 2015) TRUSTEES Dr Graeme Sills (Chairman) Mr Barrie Akin The Rt Hon Mr David Cameron MP Professor Helen Cross OBE (retired December 2015) Dr Yvonne Hart (appointed March 2016) Dr John Hirst CBE
designated research fund to support research. This designated fund was set up to ensure that monies are available to maintain an acceptable level of research grants should we experience an unexpected drop in income in any given year. Legacies are the main area where income can vary substantially from year to year. During the year the office relocated, which resulted in a substantial annual saving on office costs.
5% 25%
35%
Research grants not required £62,426
£1,236,209
expenditure Research grants
16% 55%
£687,179
29%
Other charitable activities £369,437 Fundraising costs
£205,082
£1,261,698
Financial summary for the year ended 31st March 2016 Dr Mark Cunningham (appointed November 2015) Professor Bruno Frenguelli
Unrestricted Funds (£)
Restricted Funds (£)
Total Funds 2016 (£)
Total Funds 2015 (£)
394,216
-
394,216
662,255
INCOME Donations & gifts
Professor Liam Gray (retired June 2015)
Fundraising events
328,704
-
328,704
241,810
Dr John Livingston
Legacies
426,045
-
426,045
440,935
Dr Adam Noble
Interest
24,818
-
24,818
26,388
Dr Stephanie Schorge
Research grants not required
62,426
-
62,426
7,042
1,236,209
-
1,236,209
1,378,430
687,179
-
687,179
839,791
Dr Graeme Sills
TOTAL INCOME
Dr Amanda Wood VICE-PRESIDENTS
EXPENDITURE Research grants committed
Rabbi Lionel Blue (retired March 2016)
Professor Mike Kerr
Other charitable activities
368,381
1,056
369,437
341,969
Mr John Bowis OBE
205,082
-
205,082
203,135
Mr Simon Lanyon
Fundraising
Mrs Judy Cochrane (retired March 2016)
Mrs Mary Manning
Sir Graham Hart KCB (retired March 2016
1,260,642
1,056
1,261,698
1,384,895
Dr Lina Nashef (retired December 2015)
Mrs Isabel Little (retired December 2015)
(24,433)
(1,056)
(25,489)
(6,465)
Professor Mark Rees
Dr John Mumford
Professor Mark Richardson
Transfer between funds
-
-
-
-
Mr Paul Newman
Mr Harry Salmon
Dr Jolyon Oxley
Net incoming/(outgoing) resources after transfer
(24,433)
(1,056)
(25,489)
(6,465)
Miss Judith Spencer-Gregson
Lord Stevenson of Coddenham CBE
711,375
34,505
745,880
752,345
Professor Matthew Walker
Balance brought forward at 1 April 2015
Mr Hugh Thompson (retired December 2015)
Balance carried forward at 31 March 2016
686,942
33,449
720,391
745,880
Mr Graham Ward CBE (retired December 2015)
Total assets
3,264,564
33,449
3,298,013
3,455,535
(2,577,622)
-
(2,577,622)
(2,709,655)
686,942
33,449
720,391
745,880
SCIENTIFIC ADVISORY COMMITTEE Professor Mark Richardson (Chairman) Mr Alasdair Ball Mrs Anne Coxon
TOTAL EXPENDITURE Net incoming/(outgoing) resources
Total liabilities TOTAL FUNDS
Trustees’ statement
Auditors’ statement
The financial information on this page is a summary extracted from the accounts of Epilepsy Research UK for the year ending 31st March 2016.
As auditors for Epilepsy Research UK we have reviewed the summarised accounts and consider that they are consistent with the full accounts on which we gave our opinion.
The summarised accounts may not contain sufficient information for a full understanding of the financial affairs of the charity. For further information, the full annual accounts, the auditors’ report on those accounts and the trustees’ annual report should be consulted. Copies of these can be obtained from Epilepsy Research UK, PO Box 3004, London W4 4XT. The annual accounts were approved by the trustees on 16th June 2016 and the annual report and accounts have been submitted to the Charity Commission. The accounts have been audited and have been given an unqualified report by our auditors. Signed on behalf of the trustees Judith Spencer-Gregson Honorary Treasurer 16th June 2016
A Davies ACA Senior Statutory Auditor F A Magee & Company, Chartered Accountants and Statutory Auditors, Wimbourne House, 4-6 Pump Lane, Hayes, UB3 3NB
16th June 2016
PO Box 3004 London W4 4XT t 020 8747 5024 e info@eruk.org.uk w www.epilepsyresearch.org.uk Registered in England charity no.1100394 Epilepsy Research UK is a member of the Association of Medical Research Charities