ACCOUNTS FOR ‘CHROME’

REGISTERED CHARITY NO. 1041625

CASE HISTORY RESEARCH ON ‘ME’

PERIOD 1/9/05-31/8/06

1. Report of the Trustees

 Names of Trustees

Advisors

Professor Peter O Behan MD DSc FACP FRCP,

Dr E G Dowsett MB ChB Dip Bact,

Dr Derek Pheby BSc MBBS MPhil LL.M MFPHM,

Dr Layinka Swinburne BSc MB ChB FRCP FRCPath

CHROME was registered as a charity in 1994 and seeks to identify as many severely disabled ME sufferers as possible in the UK, to monitor the course of their illness, to analyse the statistical data obtained to supplement medical research.

General Report

 The charity continues to pursue its purposes, analysing the data and circulating a Bulletin every six months.

During the year trustees have continued to collaborate with other charities and bodies in the same area of concern particularly with PRIME (Partnership for Research in CFS and ME). Permission is being sought from our participants to make data supplied by them available on the PRIME website on an anonymous basis. This will then be available more widely to researchers.  Plans for ceasing the collection of data are being considered.

The Accounts

The Trustees have prepared the Accounts using the Receipts and Payments method.

In 2006 expenditure continued to exceed income again due to increased essential work on typing data from individual records for analysis. The deficit has been met by drawing from reserves. The Trustees consider that the reserves are sufficient to supplement income for some years to come and are appropriately used for this purpose. This position will be kept under review.

 Reserves Policy

The Trustees make no public appeal for funds (although unsought donation are received and welcomed) believing that the balance in its general fund is sufficient to maintain the work of the charity for four years even if no donations were received. The current balance is held as a reserve with that in mind.

2. Report of Independent Examination:

have carried out an independent examination in respect of the Charity CHROME and report as hereunder:

As charity trustees, you are responsible for the preparation of the accounts; you consider that the audit requirements of section 43 (2) of the Charities Act 1993 do not apply. It is my responsibility to state, on the basis of the procedures specified in the General Directions given by the Charity Commissioners under Section 43 (7) 0f the Act, whether any particular matters have come to my attention.

Independent examiners statement

The independent examination covers periods 1^st  September 2005 to 31^st August 2006, and was carried out within the laid down procedures under section 43 of the Charities Act 1993, and in accordance with any directions given by the  Commissioners under sub-section (7)(b) of that section which are applicable.

During the examination, no matter came to my notice or attention which gave me cause to doubt the accounting records of the Charity in accordance with section 41 of the Charities Act 1993.

15  September 2006            …………signed……………………………………

                                              JAMES LOWE  

ACCOUNTS FOR CHROME CHARITY 1041625

RECEIPTS AND PAYMENTS ACCOUNT

PERIOD 1/9/2005-31/8/2006

INCOME                                                                                            2005                               2006

Donations received                                                                              498.00                        267.50

Interest received CAFcash                                                                      10.39                            9.80

Interest received CAF GOLD                                                               457.25                        413.44

                                                                                                            965.64                        690.74

EXPENDITURE 

Typing/secretarial/stationery                                                                1364.99                     1567.00              

Telephone                                                                                            162.47                       170.07

Sundry Expenses/Data P Act                                                                  35.00                         35.00                                       

Printing Bulletin and postage                                                                  161.57                       145.95

                                                                                                          1724.03                     1918.02
                                                                                

Total receipts                                                                                        965.64                       690.74

Total expenditure                                                                                1724.03                     1918.02

Surplus (Deficit) for the year                                                                (758.39)                  (1227.28)

Cash balances b/fwd                                                                         11856.81                   11098.42

Closing Balances                                                                              11098.42                     9871.14

 Represented by

 CAF                                                                                                  244.99                        300.00

CAF GOLD                                                                                   10853.43                      9571.14

                                                                                                      11098.42                      9871.14

K E Street  - Treasurer