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Notes to the financial statements

For the year ended 31 March 2023

13.

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The Scar Free Foundation

Notes to the financial statements

For the year ended 31 March 2023

13. Movements in funds 2023

Research Projects

Duringthe year, The Scar Free Foundationcontinued to pursue a number of keyresearch themes. These have been funded as moniesbecome available. The money may be restricted by the donoror where itis not,theFoundation will designate funds to particular projects.

Scar Free Projects

No transactions or movements to note.

The Cleft Collective

Funds held for this major research programme have been contributed by various donors.

The Scar Free Foundation Centre for Conflict Wound Research

The Chancellorusing LIBOR funds awarded a grant of £2,995,300 to theFoundation to supportThe Scar Free Foundation Centre forConflict Wound Research. Additionalfundshave beenreceived in since 2019from The JP Mpulton Foundation, Headley Court Charitable Foundation, The Veterans Foundation, GJW Turner Trust, The Holbeck Charitable Trust and BEIS/DHSC for the early career researchers. This has allowed the transfer of funds due to matched funding.

The Bristol Programme

A total of £1,050,000 (of a £1,500,000 commitment) has beendonated by the CHEAR Foundation towardsresearchto be undertaken in pursuit of the Scar Free Strategy. Plus funds from the BEIS/DHSC for the early career researchers.

The BSSH Clinical Academic Post in Hand Surgery Research managed by The Scar Free Foundation

The British Society for Surgery of theHand contributed a total of £500,000 towards the costs of a majorprogramme of hand surgery research at the University of Nottingham.

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