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2023-02-28-accounts

The College of General Dentistry

Charity No. 1002769

Company No. 02586636

Trustees' Report and Unaudited Accounts

28 February 2023

The College of General Dentistry Contents

Pages
Trustees' Annual Report 2
Independent Examiner's Report 7
Statement of Financial Activities 8
Summary Income and Expenditure Account 9
Balance Sheet 10
Notes to the Accounts 11
Detailed Statement of Financial Activities 18

Page 1

The College of General Dentistry Trustees Annual Report

The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the unaudited financial statements of the charity for the year ended 28 February 2023.

Chair of Trustee’s Report for period March 2022 to February 2023

I write this in the capacity of departing Chair, handing over to Dr Mick Horton, who brings not only his experience as a past Dean of FGDP and one of our longest serving Trustees, but also a breadth of skills developed in a rich career as a GDP and contributor to dental and wider healthcare boards and committees. For myself, I am not stepping away yet as a Trustee, and look forward to continuing to work with colleagues as we build the College for the future.

The College’s strapline sets out very clearly the twin aspects of our mission: “Setting Standards, Supporting Careers”. It has been vital that we showed early and substantial progress on both fronts, from the start – a statement of our intent. I believe that we have shown that commitment particularly boldly at a time of considerable concern for the future of the dental workforce in the UK.

Our Fellows Receptions give us the opportunity bring together our leadership community and to reflect on the progress that we are making. The Summer Reception in 2022 was particularly significant as it marked the publication of our Career Pathways and Professional Framework, bringing to life those ambitions in ‘supporting careers’. Early in 2023, we opened to the first few applications for Certified Membership: marking out dental professionals who are committed to the continuing development of their careers and service to patients, and going beyond academic qualifications in doing so.

It is particularly pleasing that Fellowship of the College is already making an impression as a mark of accomplishment. In January 2023 we welcomed Fellows and Associate Fellows to Manchester, for our first Reception outside London, at the inspiring Whitworth Gallery, which was well attended and brought together as remarkable a group of people as we have seen in the capital. We have been receiving a steady stream of applications for Fellowship “by experience”, providing new opportunity for practitioners whose example of leadership is more than worthy of that recognition. It is good to see that Fellows are being recognised who perhaps don’t fit an established image of the “College Fellow”.

The Standards & Guidance of which we are now the custodian are still strongly identified with our predecessor, FGDP(UK). We will be working to ensure practitioners appreciate their significance, and our continuing commitment to ensure their authority into the future. We have marked our commitment to grow and extend our work in this area with the publication of new national guidelines on implant dentistry mentoring in 2022. We have many other fields of practice in which we foresee very great value in the College bringing together the best available information to raise standards, and quite a pipeline is developing. We have been pleased, as a new organisation, to find ourselves quickly establishing as a key authority informing the development of dental policy. The College’s President, Dr Abh Pal, was invited to No.10 Downing Street for a roundtable meeting in March 2022, in an illustration of the unique perspective we can bring on the future of oral healthcare provision.

Page 2

The College of General Dentistry Trustees Annual Report

2022 saw the foundation of the College’s 1992 Circle, celebrating the foundation 30 years ago of the Faculty of General Dental Practice (UK), which from its first days was concerned to work toward the achievement of an independent College. The 1992 Circle comprises retired Fellows of the College, who are offered the opportunity of periodic meetings for the sharing of experience and on which to build their continuing support for the mission of the College. So many practitioners feel that retirement does not dim their enthusiasm for their chosen vocation, and we hope that the 1992 Circle can both support and give recognition for their passion in dentistry. Prof Nairn Wilson has, as in so many other ways for the College, personally led the development of this group, and welcomes new members with enthusiasm.

We have been delighted to partner with CloserStill Media in 2022, reaching a wider audience across the profession in our role as Education partner for the British Dental Conference & Dentistry Show, Birmingham, and the London Dentistry Show. We continue the partnership in 2023 and look forward to catching up with members at our stands.

Formative development of the College was led by Dr Ian Mills, Dean of FGDP(UK) 2019-2021, who made a notable contribution in the promotion of equality, diversity and inclusion, which has built particular momentum for us now, and underpins our “whole team” philosophy today. The transfer of the Diversity in Dentistry Action Group (DDAG) to CGDent is just one marker of that progress, and we were delighted to recognise Ian’s achievements with the first College Medal.

The Primary Dental Journal continues to develop in its authority, evidenced in its reach through our academic publishers, Sage, and in the number of quality unsolicited articles received: in 2022, we were pleased to produce two “general dentistry” issues to reflect that quality and diversity, one of which also marked our first year anniversary. Our two thematic issues for the year, Oral Surgery and Digital Dentistry, brought a welcome focus on two fields of strong interest for members and the wider dental community. My thanks to Igor Blum and the team for their continuing commitment in developing a journal of which we are immensely proud.

I have been privileged to have had the support and good counsel of fellow Trustees during my time as Chair. In the past year, we have said goodbye to Kevin Lewis and Kate Gregory. Kevin has brought so much wisdom and experience to the role, since the first convening of the Trustee Board in 2017. We have no desire to lose Kevin entirely, and I am delighted he has accepted the position of Ambassador for the College. Kate’s thoughtful guidance on legal matters has been particularly invaluable in securing the best start for the College in the transfer from the RCS. We welcomed Onkar Dhanoya (past Vice Dean of FGDP(UK)) and Fred Thomson as Dental and Independent Trustees respectively, and we look forward to working with them in the next exciting phase of the College’s development.

Janet Clarket MBE FCGDent

Page 3

The College of General Dentistry Trustees Annual Report

REFERENCE AND ADMINISTRATIVE DETAILS Company No. 02586636

Charity No. 1002769

Principal Office

124 City Road London EC1V 2NX

Registered Office

124 City Road London EC1V 2NX

Directors and Trustees

The Directors of the charitable company are its Trustees for the purposes of charity law. The following Directors and Trustees served during the year:

J. Clarke MBE O.S. Dhanoya (Appointed 16 December 2022) K. Gregory (Resigned 14 October 2022) M. Horton E. Kay MBE K. Lewis (Resigned 14 October 2022) L. Pan N. Sawbridge F. Thomson (Appointed 16 December 2022)

Company Secretary

S. Thornton-Wood

Key Management Personnel

Chair Chief Executive Officer Director of Operations Director of policy and Public Affairs

M Horton S Thornton-Wood A Barbour J Woodward

Accountants

Graham Boulton Chartered Accountants 71 Trenoweth Road Falmouth TR11 5GH

Bankers

Metro Bank PLC 1 Southampton Row London WC1B 5HA

Page 4

The College of General Dentistry Trustees Annual Report

Solicitors

Penningtons Manches Cooper LLP 125 Wood Street London EC2V 7AW

OBJECTIVES AND ACTIVITIES

The College’s objectives are to promote and encourage the study and practice of the art and science of dental surgery including in particular (but without limitation) general dental practice ancillary to such general dental surgery.

The College is an inclusive, authoritative body, working for patients and embracing the whole dental team. We set standards, provide career pathways and lead thought for the future of dentistry

The College’s objectives were met through the activities set out in this report.

STATEMENT OF PUBLIC BENEFIT

We have reviewed the Trust’s objectives in accordance with the Charities Commission guidance on public benefit, when reviewing the charity's aims and in planning future activities. The trust is a public benefit entity as defined by FRS 102.

ACHIEVEMENTS AND PERFORMANCE

Trustees are proud of the enormous achievement in establishing the successful operation of the College over the last year. The most significant keystone for the College’s future will undoubtedly prove to be the Career Pathways, developed to support and underpin the Professional Framework, which was published in June 2022.

In April 2022, we launched our new Fellowship by experience, bringing new opportunity for highly accomplished dental practitioners, across our community, to be recognised.

We opened our Certified Membership scheme in early 2023 to a first group of candidates: a modern approach in supporting dental professionals to find their way and build a career in a fast-moving and confusing world.

CGDent is now the authoritative body for standards in dentistry, building on the highly respected work of FGDP and reflecting our commitment to setting standards, supporting careers. We continue to revise and update our standards to serve the profession, but also to extend into other areas where we see a need to support the profession. In 2022, we published our Implant Dentistry Mentoring Guidelines, and plan to do more in the arena of implant dentistry in 2023.

FINANCIAL REVIEW

The Statement of Financial Activities is shown in the following pages. The Trustees confirm that the charity’s assets are available and adequate to fulfil its financial obligations.

RESERVES POLICY

Trustees set a Reserves Policy and this is monitored by a Finance Committee and Trustee Board.

Page 5

The College of General Dentistry Trustees Annual Report

RISK MANAGEMENT

The Trustees have assessed the major risks to which the charity is exposed on a regular basis, and are satisfied that systems are in place to mitigate the exposure to major risks. They are particularly aware of the risk of membership levels not increasing quickly enough and have put in place initiatives to help boost member recruitment.

STRUCTURE, GOVERNANCE AND MANAGEMENT

The CGDent staff team has retained its experienced team members, and successfully recruited to two new roles to support the growing business.

The College Council continues to meet both online and face to face. Annual elections were held in June 2022 for two regional seats on the Council, when two new members were elected.

The Trustee Board also continues to meet to oversee the proper running of the organisation and to monitor performance in the fulfilment of their legal and regulatory duties. Dr Mick Horton has taken over as Chair of Trustee Board. Two other trustees have completed their term of office, and successful recruitment for replacements has been carried out.

Statement of Trustees responsibility

The trustees are responsible for preparing the Trustees' report and financial statements in accordance with applicable law and UK Generally Accepted Accounting Principles. The law applicable to charities in England & Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of its incoming resources and application of resources for that period. In preparing those financial statements, the trustees are required to:

The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.

The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006 and in accordance with the Charities SORP (FRS 102).

Signed on behalf of the board

M. Horton Trustee

23 November 2023

Page 6

The College of General Dentistry Independent Examiners Report

Independent Examiner's Report to the trustees of The College of General Dentistry

I report to the charity trustees on my examination of the financial statements of The College of General Dentistry for the year ended 28 February 2023 which comprise the Statement of Financial Activities, the Summary Income and Expenditure Account, the Balance Sheet and the related notes.

Responsibilities and basis of report

As the trustees of the charity (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's financial statements as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

As the charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of The Institute of Chartered Accountants in England and Wales.

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

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 financial statements to be reached.

Graham Boulton FCA

Graham Boulton Chartered Accountants 71 Trenoweth Road Falmouth TR11 5GH 23 November 2023

Page 7

The College of General Dentistry Statement of Financial Activities

for the year ended 28 February 2023

Notes
Income and endowments
from:
Donations and legacies
4
Charitable activities
5
Investments
6
Other
7
Total
Expenditure on:
Raising funds
8
Charitable activities
9
Other
10
Total
Net gains on investments
Net (expenditure)/income
11
Transfers between funds
Net (expenditure)/income
before other gains/(losses)
Other gains and losses
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward		 Unrestricted
funds
2023
£
46,468
504,652
1,004
16,037		 Total funds
2023
£
46,468
504,652
1,004
16,037		 Total funds
2022
£
816,477
290,695
67
-
568,161
600
212,394
565,423		 568,161
600
212,394
565,423		 1,107,239
76,562
250,956
407,164
778,417
-		 778,417
-		 734,682
-
(210,256)
-		 (210,256)
-		 372,557
-
(210,256) (210,256) 372,557
(210,256)
568,773		 (210,256)
568,773		 372,557
196,216
358,517 358,517 568,773

Page 8

The College of General Dentistry Summary Income and Expenditure Account

for the year ended 28 February 2023

Income
Interest and investment income
Gross income for the year
Expenditure
Depreciation and charges for
impairment of fixed assets
Total expenditure for the year
Net (expenditure)/income before tax
for the year
Net (expenditure )/income for the year		 2023
£
567,157
1,004
568,161
776,869
1,548
778,417
(210,256)
(210,256)		 2022
£
1,107,172
67
1,107,239
733,141
1,541
734,682
372,557
372,557

Page 9

The College of General Dentistry Balance Sheet

at 28 February 2023

Company No.
02586636
Notes
2023
£
Fixed assets
Tangible assets
14
5,067
5,067
Current assets
Debtors
15
15,923
Cash at bank and in hand
427,568
443,491
Creditors:Amount falling due within one year
16
(90,041)
Net current assets
353,450
Total assets less current liabilities
358,517
Net assets excluding pension asset or liability
358,517
Total net assets
358,517
The funds of the charity
Restricted funds
Unrestricted funds
General funds
358,517
Total funds
358,517		 2022
£
4,622
4,622
16,026
561,662
577,688
(13,537)
564,151
568,773
568,773
568,773
568,773
568,773

These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

For the year ended 28 February 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

Approved by the board on 23 November 2023

And signed on its behalf by:

M. Horton Trustee

23 November 2023

Page 10

The College of General Dentistry Notes to the Accounts

for the year ended 28 February 2023

Basis of preparation

The financial statements have been prepared in accordance with 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 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Change in basis of accounting or to previous accounts

There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.

Fund accounting

Income

Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SoFA.

Page 11

The College of General Dentistry Notes to the Accounts

Expenditure

Taxation

The charity is exempt from corporation tax on its charitable activities.

Tangible fixed assets and depreciation

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:

Equipment 25% Straight line

Trade and other debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities.

Trade and other creditors

Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Page 12

The College of General Dentistry Notes to the Accounts

Pension costs

The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.

2 Company status

The company is a private company limited by guarantee and consequently does not have share capital.

3 Statement of Financial Activities - prior year

Income and endowments from:
Donations and legacies
Charitable activities
Investments
Total
Expenditure on:
Raising funds
Charitable activities
Other
Total
Net income
Net income before other
gains/(losses)
Other gains and losses:
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward		 Unrestricted
funds
2022
£
816,477
290,695
67
1,107,239
76,562
250,956
407,164
734,682
372,557
372,557
372,557
196,216
568,773		 Total funds
2022
£
816,477
290,695
67
1,107,239
76,562
250,956
407,164
734,682
372,557
372,557
372,557
196,216
568,773

Page 13

The College of General Dentistry Notes to the Accounts

4 Income from donations and legacies

Donations
Sponsorship income
Grants
5
Income from charitable activities
Courses
Memberships
6
Income from investments
Investment income
7
Other income
Other
8
Expenditure on raising funds
Costs of generating voluntary
income
Donations
Grants		 Unrestricted
£
32,038
10,000
4,430
46,468
Unrestricted
£
71,165
433,487
504,652
Unrestricted
£
1,004
1,004
Unrestricted
£
16,037
16,037		 Total
2023
£
32,038
10,000
4,430
46,468
Total
2023
£
71,165
433,487
504,652
Total
2023
£
1,004
1,004
Total
2023
£
16,037
16,037		 Total
2022
£
41,652
18,000
756,825
816,477
Total
2022
£
114,583
176,112
290,695
Total
2022
£
67
67
Total
2022
£
-
-
Unrestricted
£
600
-
600		 Total
2023
£
600
-
600		 Total
2022
£
-
76,562
76,562

Page 14

The College of General Dentistry Notes to the Accounts

9 Expenditure on charitable activities

9
Expenditure on charitable activities
Unrestricted
£
Expenditure on charitable
activities
Courses
75,930
Memberships
134,664
Governance costs
1,800
212,394
10 Other expenditure
Unrestricted
£
Employee costs
338,536
Motor and travel costs
13,096
Premises costs
3,703
Amortisation, depreciation,
impairment, profit/loss on
disposal of fixed assets
1,548
General administrative costs
164,464
Legal and professional costs
44,076
565,423
11 Net (expenditure)/income before transfers
2023
This is stated after charging:
£
Depreciation of owned fixed assets
1,548
Independent Examiner's fee
1,800
12 Trustee remuneration and expenses
2023
Number
Number of trustees paid expenses
1
The nature of the reimbursed expenses
£143.79 paid to one trustee to		 Total
Total
2023
2022
£
£
75,930
79,837
134,664
169,319
1,800
1,800
212,394
250,956
Total
Total
2023
2022
£
£
338,536
318,398
13,096
5,467
3,703
1,065
1,548
1,541
164,464
74,905
44,076
5,788
565,423
407,164
2022
£
1,541
1,800
2022
Number
-
attend the 2022 AGM.		 Total
2022
£
79,837
169,319
1,800
250,956
Total
2022
£
318,398
5,467
1,065
1,541
74,905
5,788
407,164

Page 15

The College of General Dentistry Notes to the Accounts

13 Staff costs
2023 2022
Salaries and wages 285,912 272,341
Social security costs 27,889 21,504
Pension costs 22,873 16,410
336,674 310,255
One employee received remuneration in the band £80,000 to £90,000.
The average monthly number of full time equivalent employees during the year was as follows:
2023 2022
Number Number
6 4
6 4
A workplace pension scheme is in place with Aviva.

14 Tangible fixed assets

Cost or revaluation
At 1 March 2022
Additions
At 28 February 2023
Depreciation and
impairment
At 1 March 2022
Depreciation charge for the
year
At 28 February 2023
Net book values
At 28 February 2023
At 28 February 2022
15 Debtors
Trade debtors
VAT recoverable
Prepayments and accrued income		 2023
£
8,726
-
7,197
15,923		 Equipment
£
6,163
1,993
8,156
1,541
1,548
3,089
5,067
4,622		 Total
£
6,163
1,993
8,156
1,541
1,548
3,089
5,067
4,622
2022
£
9,600
2,060
4,366
16,026

Page 16

The College of General Dentistry Notes to the Accounts

16 Creditors:

amounts falling due within one year

Creditors:
amounts falling due within one year
Trade creditors
Other taxes and social security
Other creditors
Accruals		 2023
£
24,062
2,367
2,973
60,639
90,041		 2022
£
7,547
-
2,495
3,495
13,537

17 Analysis of net assets between funds

Analysis of net assets between funds
Fixed assets
Net current assets		 Unrestricted
funds
£
5,067
353,450
358,517		 Total
£
5,067
353,450
358,517

18 Related party disclosures

Controlling party

The company is limited by guarantee and has no share capital; thus no single party controls the company.

Page 17

The College of General Dentistry Detailed Statement of Financial Activities

for the year ended 28 February 2023

Income and endowments from:
Donations and legacies
Donations
Sponsorship income
Grants
Charitable activities
Courses
Memberships
Investments
Investment income
Other
Other
Total income and endowments
Expenditure on:
Costs of generating donations and
legacies
Donations
Grants
Total of expenditure on raising
funds
Charitable activities
Courses
Memberships
Governance costs
Governance costs
Total of expenditure on charitable
activities
Employee costs
Salaries/wages
Employer's NIC
Pension costs		 Unrestricted
funds
2023
£
32,038
10,000
4,430
46,468
71,165
433,487
504,652
1,004
1,004
16,037
16,037
568,161
600
-
600
600
75,930
134,664
210,594
1,800
1,800
212,394
285,912
27,889
22,873		 Total funds
2023
£
32,038
10,000
4,430
46,468
71,165
433,487
504,652
1,004
1,004
16,037
16,037
568,161
600
-
600
600
75,930
134,664
210,594
1,800
1,800
212,394
285,912
27,889
22,873		 Total funds
2022
£
41,652
18,000
756,825
816,477
114,583
176,112
290,695
67
67
-
-
1,107,239
-
76,562
76,562
76,562
79,837
169,319
249,156
1,800
1,800
250,956
272,341
21,504
16,410

Page 18

The College of General Dentistry Detailed Statement of Financial Activities

Staff recruitment
Temporary staff
Motor and travel costs
Travel and subsistence
Premises costs
Rent
Premises repairs and
maintenance
Other premises costs
General administrative costs,
including depreciation and
amortisation
Depreciation of Equipment
Bank charges
General insurances
Postage and couriers
Software, IT support and related
costs
Stationery and printing
Subscriptions
Sundry expenses
Telephone, fax and broadband
Legal and professional costs
Accountancy and bookkeeping
Consultancy fees
Solicitor's fees
Total of expenditure of other costs
Total expenditure
Net gains on investments
Net (expenditure)/income
Net (expenditure)/income before
other gains/(losses)
Other Gains
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward		 -
1,862
338,536
13,096
13,096
3,703
-
-
3,703
1,548
115
5,387
622
40,670
36,542
-
78,030
3,098
166,012
14,771
29,032
273
44,076
565,423
778,417
-
(210,256)
(210,256)
-
(210,256)
568,773
358,517		 -
1,862
338,536
13,096
13,096
3,703
-
-
3,703
1,548
115
5,387
622
40,670
36,542
-
78,030
3,098
166,012
14,771
29,032
273
44,076
565,423
778,417
-
(210,256)
(210,256)
-
(210,256)
568,773
358,517		 8,143
-
318,398
5,467
5,467
870
135
60
1,065
1,541
11,057
4,965
-
27,919
-
25,147
5,637
180
76,446
5,788
-
-
5,788
407,164
734,682
-
372,557
372,557
-
372,557
196,216
568,773

Page 19