2024-12-31-accounts - The British Society Of Dental And Maxillofacial Radiology

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

REGISTERED CHARITY NUMBER: 1002045

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

THE BRITISH SOCIETY OF DENTAL AND MAXILLOFACIAL RADIOLOGY

Armstrong Watson LLP Caledonia House

89 Seaward Street Glasgow G41 1HJ

THE BRITISH SOCIETY OF DENTAL AND MAXILLOFACIAL RADIOLOGY

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

		Page
Report of the Trustees	1	to	3
Independent Examiner's Report		4
Statement of Financial Activities		5
Balance Sheet		6
Notes to the Financial Statements	7	to	9
Detailed Statement of Financial Activities		10

THE BRITISH SOCIETY OF DENTAL AND MAXILLOFACIAL RADIOLOGY

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024

The trustees present their report with the financial statements of the charity for the year ended 31 December 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES Objectives and aims

The main objective and aims of the charity are as follows:

The advancement of the education of the public by the promotion of the study of dental and maxillofacial radiology.
- To promote the study of radiographic technique.
To encourage and support high standards of undergraduate and postgraduate education in dental and maxillofacial radiology in the UK.
To facilitate the production of an undergraduate curriculum in dental and maxillofacial radiology.
To provide advice on issues involving dental and maxillofacial radiology.
To provide regular educational and scientific meetings for continued professional development.
To provide postgraduate training courses in maxillofacial radiology.
To support members of the Society and those with an interest in dental and maxillofacial radiology to attend.
To provide a peer review scheme for specialists in dental and maxillofacial radiology.
In furtherance of the said objectives the Society shall have power to carry out or to assist in the carrying out of research in dental and maxillofacial radiology and to disseminate the useful results thereof.

The main activities of the charity are as follows:

One scientific meeting per year.
One Radiographer's Study Day per year.
Two council meetings per year.
Putting on cone beam CT courses for dentists in conjunction with Royal Colleges and Professional Societies in the UK.
Awarding of travel bursaries/prizes to attend meetings.
Awarding of a BSDMFR Dental Undergraduate Award.
Peer review scheme for those members on the specialist list.

ACHIEVEMENTS AND PERFORMANCE

Charitable activities

The main achievements of the charity during the year were as follows:

Ran a Scientific Meeting in April to educate and promote radiology knowledge in both general and speciality dentistry - this hybrid event had 57 participants from around the UK.
Ran a Radiography Study Day in October to educate and promote radiology knowledge for both radiographers and radiologists - this hybrid event had 32 participants from around the UK.
Arranged voting and prizes for the "best members presentation" at the above events.
Successful Peer Review process and consensus meeting.
Multiple members have contributed to cone beam CT courses (Referrer course and Interpretation course) run in conjunction with the Royal College of Surgeons of England and British Society of Orthodontics.
Multiple members are involved in renewing the UK curriculum for the speciality of Dental and Maxillofacial Radiology.
Multiple members are involved in renewing the UK undergraduate curriculum template for Dental and Maxillofacial Radiology.

Page 1

THE BRITISH SOCIETY OF DENTAL AND MAXILLOFACIAL RADIOLOGY

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024

FINANCIAL REVIEW

Financial position

The Statement of Financial Activities shows a net surplus of £23,179 (2023: £16,081 deficit). This figure simply represents the money moving in and out of the Society accounts during the financial year. It is influenced by factors such as income from the 2023 CBCT courses not being received until 2024 although the expenses were recognised in 2023.

The total funds for the charity as at 31st December 2024 amounted to £137,924 (2023: £114,745)

Reserves policy

The Charity seeks to keep sufficient assets to cover events or unforeseen situations that may happen in the future. CBCT courses have generated significant income for the Society in the past but demand has dropped in recent years and so cannot be relied on for income as heavily as before.

The Society is actively discussing purchase of an online imaging portal which would require large upfront costs. A significant proportion of the accumulated assets should also be used for educational purposes in the future, such as inviting high profile speakers to future meetings, funding extracurricular educational activities for speciality registrars and radiographers, setting up a research grant, and supporting members when promoting the specialty.

The Society offers multiple annual members' bursaries and financial prizes and so would need to be able to cover an instance when all were successfully applied for.

Going concern

The Board are comfortable with the level of reserves held at the year end and that the use of the going concern basis is appropriate.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The British Society of Dental and Maxillofacial Radiology is a public benefit entity controlled by its governing document, a deed of trust and constitutes an unincorporated charity. The principal office address is Dental Maxillofacial Imaging, Hay Green Corner, Fishlake, Doncaster, Yorkshire, DN7 5LA.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number

1002045

Principal address

Hay Green Corner Fishlake Doncaster Yorkshire DN7 5LA

Trustees

N M Henderson (Treasurer) Dr R Ngu P P Nixon B Batchu Dr S Y Ng

Page 2

THE BRITISH SOCIETY OF DENTAL AND MAXILLOFACIAL RADIOLOGY

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024

REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner

Armstrong Watson LLP Caledonia House 89 Seaward Street Glasgow G41 1HJ

Approved by order of the board of trustees on 19 September 2025 and signed on its behalf by:

N M Henderson (Treasurer) - Trustee

Page 3

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE BRITISH SOCIETY OF DENTAL AND MAXILLOFACIAL RADIOLOGY

Independent examiner's report to the trustees of The British Society of Dental and Maxillofacial Radiology

I report to the charity trustees on my examination of the accounts of The British Society of Dental and Maxillofacial Radiology (the Trust) for the year ended 31 December 2024.

Responsibilities and basis of report

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').

I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
the accounts do not accord with those records; or
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Gavin Curr FCCA The Association of Chartered Certified Accountants

Armstrong Watson LLP Caledonia House 89 Seaward Street Glasgow G41 1HJ

19 September 2025

Page 4

THE BRITISH SOCIETY OF DENTAL AND MAXILLOFACIAL RADIOLOGY

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024

2024
Unrestricted
fund
Notes
£
INCOME FROM
Donations and legacies
5,130
Charitable activities
Charitable activities
42,309
Investment income
2
1,548
Total
48,987
EXPENDITURE ON
Charitable activities
Charitable activities
25,808
NET INCOME/(EXPENDITURE)
23,179
RECONCILIATION OF FUNDS
Total funds brought forward
114,745
TOTAL FUNDS CARRIED FORWARD
137,924

2023
Total
funds
£
6,847
25,584
1,233
33,664
49,745
(16,081)
130,826
114,745

The notes form part of these financial statements

Page 5

THE BRITISH SOCIETY OF DENTAL AND MAXILLOFACIAL RADIOLOGY

BALANCE SHEET 31 DECEMBER 2024

2024 Unrestricted fund Notes £ CURRENT ASSETS Cash at bank 138,596 CREDITORS Amounts falling due within one year 4 (672) NET CURRENT ASSETS 137,924 TOTAL ASSETS LESS CURRENT LIABILITIES 137,924 NET ASSETS 137,924 FUNDS Unrestricted funds 137,924 TOTAL FUNDS 137,924	2023 Total funds £ 115,381 (636) 114,745 114,745 114,745 114,745 114,745

The financial statements were approved by the Board of Trustees and authorised for issue on 19 September 2025 and were signed on its behalf by:

N M Henderson (Treasurer) - Trustee

The notes form part of these financial statements

Page 6

THE BRITISH SOCIETY OF DENTAL AND MAXILLOFACIAL RADIOLOGY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities and Trustee Investment (Scotland) Act 2005 and the Companies Act 2006.

Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.

The financial statements are presented in Sterling (£).

Going concern

The financial statements have been prepared on a going concern basis, which the trustees believe to be appropriate for the reasons set out in the Trustees' Report.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, any performance conditions attached to the income have been met, it is probable that the income will be received and the amount can be measured reliably.

Other revenue streams are recognised when there is an understanding of the terms to both parties and the charity has invoiced the appropriate entity. In the event that a service is subject to conditions that require a level of performance before the charity is entitled to funds, the income is deferred and not recognised until either those conditions are fully met or the fulfilment of those conditions is wholly within the control of the charity and it is probable that those conditions will be fulfilled in the reporting period.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Charitable activities

Costs of charitable activities are incurred by the charity to raise funds for its charitable purposes and includes costs of all fundraising activities, events and non-charitable trading.

Taxation

The charity is exempt from tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Financial instruments

The charity only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like other accounts receivable and payable.

continued...

Page 7

THE BRITISH SOCIETY OF DENTAL AND MAXILLOFACIAL RADIOLOGY

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024

1. ACCOUNTING POLICIES - continued

Financial instruments

Debt instruments like other accounts receivable and payable are initially measured at present value of the future payments and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, are measured, initially and subsequently, at the undiscounted amount of cash or other consideration expected to be paid or received.

Financial assets measured at cost and amortised cost are assessed at the end of each reporting period for evidence of impairment and if found, an impairment loss is recognised in profit or loss.

Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.

Cash and cash equivalents includes cash in hand, deposits held at call with banks, other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. Bank overdrafts, when applicable, are shown within borrowings in current liabilities.

Judgements

The Society considers on an annual basis the judgements that are made by management when applying its significant accounting policies that would have the most significant effect on amounts that are recognised in the financial statements. The Trustees consider there are no such significant judgements.

Provisions

Provisions are recognised when the charity has a legal or constructive obligation at the reporting date as a result of a past event, it is probable that the charity will be required to settle the obligation and the amount of the obligation can be reliably estimated. Provisions are recognised at the best estimate of the amount required to settle the obligation at the reporting date.

2. INVESTMENT INCOME

	2024	2023
	£	£
Bank interest N S & I	195	149
Bank interest Santander	1,353	1,084
	1,548	1,233

3. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 December 2024 nor for the year ended 31 December 2023.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 December 2024 nor for the year ended 31 December 2023.

continued...

Page 8

THE BRITISH SOCIETY OF DENTAL AND MAXILLOFACIAL RADIOLOGY

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2024	2023
	£	£
Other creditors	672	636

5. RELATED PARTY DISCLOSURES

There were no related party transaction for the year ended 31 December 2024 (2023: none).

Page 9

THE BRITISH SOCIETY OF DENTAL AND MAXILLOFACIAL RADIOLOGY

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024
	2024	2023
	£	£
INCOME
Donations and legacies
Subscriptions	4,130	4,347
Sponsorship for meetings	1,000	2,500
	5,130	6,847
Investment income
Bank interest N S & I	195	149
Bank interest Santander	1,353	1,084
	1,548	1,233
Charitable activities
Meetings	20,690	6,271
CBCT courses	21,619	19,313
	42,309	25,584
Total incoming resources	48,987	33,664
EXPENDITURE
Charitable activities
Room hire, catering and entertainment	11,269	9,131
Insurance	798	780
Speakers honorariums and expenses	1,346	590
CBCT speaker and helper	915	25,153
Bursaries and prize winners expenses	175	750
Bank charges	5	6
Sundries	45	140
Society running costs	9,771	10,014
Peer review	818	1,298
Meeting - dinner	-	1,331
	25,142	49,193
Support costs
Governance costs
Accountancy and legal fees	666	552
Total resources expended	25,808	49,745
Net income/(expenditure)	23,179	(16,081)

This page does not form part of the statutory financial statements

Page 10

Virtual Cabinet Portal Digital Signatures

Digital Signature Verification

You can verify that this is a genuine Virtual Cabinet Document Portal signed document by uploading it to the following secure web page:

https://www.virtualcabinetportal.com/VerifySignedDocument

Signature Dates and Times

All dates and times shown in the signatures below are expressed in Coordinated Universal Time (UTC), which is generally equivalent to GMT. You can find out more about UTC at the following web page:

http://www.virtualcabinetportal.com/WhatIsUTC

Signature 1

Signed by Neil Henderson using authentication code dGx4USRtc0lueT/Cow== at IP address 51.198.29.53, on 2025/10/04 09:42:06 Z.

Neil Henderson's e-mail address is: nhen89@gmail.com.