Dr E G
Dowsett MB ChB Dip Bact,
Dr Derek
Pheby BSc MBBS MPhil LL.M MFPHM,
Dr Layinka
Swinburne
General
Report
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). During the year substantial progress has been made in
transferring qualitative data to the PRIME website for those
participants who
have given consent whilst preserving their anonymity. In the light of
this a
provisional decision has been made to cease collecting data. If that
step is
taken the implication will be that CHROME has fulfilled its original
aim of
collecting data for a ten year period. In that event consideration will
be
given to winding up the Charity and the advice of the Charity
Commission will
be sought as to the destination of surplus funds.
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.
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
27 September 2007 …………James A Lowe……………………………………
JAMES LOWE
ACCOUNTS FOR CHROME
CHARITY
1041625
RECEIPTS AND PAYMENTS
ACCOUNT
PERIOD
1/9/2006-31/8/2007
INCOME
2006
2007
Donations
received
267.50
130.00
Interest
received CAFcash
9.80
10.86
Interest
received CAF GOLD
413.44
406.94
690.74
547.80
Typing/secretarial/stationery
1567.00
384.50
Telephone
170.07
82.59
Sundry
Expenses/Data P Act
35.00
Printing
Bulletin and postage
145.95
316.72
1918.02
783.81
Total receipts 690.74 547.80
Total
expenditure
1918.02
783.81
Surplus
(Deficit) for the year
(1227.28)
(236.01)
Cash
balances b/fwd
11098.42
9871.14
Closing
Balances
9871.14
9635.13
CAF
GOLD
9571.14
9335.13
9871.14
9635.13
K E
Street - Treasurer