The College of General Dentistry
Charity No. 1002769
Company No. 02586636
Trustees' Report and Unaudited Accounts
29 February 2024
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 29 February 2024.
Chair of Trustee’s Report for period March 2023 to February 2024
The early stages of development of the College have taken us on a considerable journey: a thorough reassessment of our role as a professional body, identifying where we can make the most effective difference for patients and public, whilst drawing on the talent of our membership and the established credentials of the organisation: “setting standards, supporting careers”.
Fellowship of the College, in particular, has become a well-established mark of achievement and capability – and our Fellows are amongst the most enthusiastic supporters both of our mission and our aspirations toward a Royal Charter. It is through growth in the number of Fellows that we have been able to secure the College’s base of income and start looking forward with a more strategic perspective.
Our twice-a-year Fellows Receptions are, not surprisingly, providing the heartbeat of the College, and consistently oversubscribed. We have been gathering at the Cutlers Hall in London, providing a perfect environment for engaging with peers amongst our remarkable leadership community. In this post-COVID era, the value of such personal interaction should not be underestimated.
In the transition from FGDP to an independent College, it’s been vital for us to demonstrate that we remain good custodians of clinical standards and guidance in general practice. A key development will be the review of the keystone publication, Standards in Dentistry, to be consulted upon through 2024 – and our other authoritative guidance publications will continue to be reviewed on a consistent and dependable cycle thereafter.
We are acutely aware that postgraduate dental training has become a confusing, as well as expensive concern in recent years; and it has become increasingly clear that the College should not try to compete where others offer credible qualifications. With this in mind, we have moved to close the small number of courses that the College inherited from FGDP, and for which candidature has recently dried up. Our attention is now focused on alternative ways to support practitioners in making these key decisions, so that they can have confidence in the investment of their time and money.
The prestigious College Medal was awarded in 2023 to Dr Andrew Hadden, for exceptional service of the dental profession and its patients in a manner aligned with the values and mission of the College. Most well-known for his Editorship of Clinical Examination and Record Keeping: Good Practice Guidelines ¸ Andrew has been a self-effacing but deeply committed contributor to the work of the former FGDP(UK) and new College.
We were overjoyed to learn of the elevation of our Hon Founding President, Prof Nairn Wilson CBE, to a knighthood in the King’s Birthday Honours of 2023 (the first dentist to be so recognised for many years). His personal vision for the new College continues to inspire so many of us.
We have continued to build on the policy influence that the College has established, with positive relationships being fostered with many key stakeholders. In March 2023, the President had the opportunity to address a Parliamentary Select Committee meeting on the future of dentistry, and in December, he participated in a round-table meeting with the Minister for Primary Care, alongside a host of other opportunities to share the College’s perspective on the dental “ecosystem”.
Page 2
The College of General Dentistry
Trustees Annual Report
With so much concern about the future of the workforce, we have been exploring ways for the College to support early career dental professionals. In November 2023, we ran a “NextGen leadership” meeting, with a group of ambitious young people in the final stages of undergraduate training and their first year in practice. Supported by senior practitioners as facilitators, we explored with them the opportunities and challenges of leadership in the fast-evolving environment of practice.
The Primary Dental Journal continues to provide an invaluable reference for our members. Particular praise has been received for the Winter 2023 issue on dental trauma, guest edited by Beth Burns of Glasgow Dental Hospital, and the two-part series on aesthetic dentistry in the Summer and Autumn, guest edited by Subir Banerji and Shamir Mehta. The journal continues to grow in its international reputation under the confident Editorship of Prof Igor Blum.
2024 marks the end of tenure for the College’s first President, Dr Abhi Pal, who has led with unending enthusiasm and energy, and a new process for selecting his successor was agreed by the College’s Trustees and Council, opening the opportunity to all College Members & Fellows.
With the departure of Elizabeth Kay and Lesley Pan from the Trustee Board, we are pleased to welcome Marie Parker FCGDent as a dental Trustee, and Jane Clarke as independent Trustee. Marie brings new perspectives as an academic and former Dental Nurse, whilst Jane’s guidance will be invaluable on governance matters, following her past role with the Royal College of Nursing in particular. Finally, I’d like to express my personal thanks to colleagues: my fellow Trustees, members of the College Council, Faculty Boards and staff. Membership is at its heart of what we do, and we are enormously grateful for the support and confidence they have shown in our work. We ask that Members & Fellows encourage fellow Professionals to actively participate in our journey.
Dr Mick Horton FCGDent Chair of Trustees
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 J. Clarke MBE O.S. Dhanoya M. Horton
Page 3
The College of General Dentistry Trustees Annual Report
E. Kay MBE (Resigned 13 October 2023) L. Pan (Resigned 13 October 2023) M. Parker N. Sawbridge F. Thomson
Company Secretary
S. Thornton-Wood
Key Management Personnel
Chair M Horton Chief Executive Officer S Thornton-Wood Director of Operations A Barbour Director of policy and Public Affairs J Woodward
Accountants
Graham Boulton Chartered Accountants 71 Trenoweth Road Falmouth TR11 5GH
Bankers
Metro Bank PLC 1 Southampton Row London WC1B 5HA
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.
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.
Page 4
The College of General Dentistry Trustees Annual 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 achievement in the continued growth in the operation of the College over the last year. A number of membership recruitment initiatives have led to a growth in membership, in particular via the recruitment of new Fellows.
They have also overseen investment in the development College’s CRM and website infrastructure. This has included the launch of a publicly accessible Member Register, to allow members to display their educational and career achievements alongside their membership of the College.
The Certified Membership scheme has provided support guidance for its 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.
We have also developed strong links with the early years practitioners, and undergraduates through a number of successful events including a clinical competition and a ‘NextGen’ student conference. CGDent remains the authoritative body for standards in dentistry, reflecting our commitment to setting standards and supporting careers. We continue to revise and update our standards to serve the profession, and have started the scheduled review of one of the College’s flagship publications, Standards in Dentistry.
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.
RISK MANAGEMENT
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 continues to chair the Trustee Board. Two other trustees have completed their term of office, and successful recruitment for their replacements as Lay and Clinical Trustees has been carried out.
Statement of Trustees Responsibilities
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:
Page 5
The College of General Dentlstry Trustees Annual Report select suitable accounting policies and then apply them consistently• observe the methods and principles in the Charities SORP; make judgements and estimates that are reasonable and prudent; state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements, and prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation, The Trustees are responsible for keepin8 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 19 November 2024 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 29 February 2024.
Responsibilities and basis of report
As the charity's trustees of the company (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 FCA, which is one of the listed bodies.
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:
-
accounting records were not kept in accordance with section 386 of the 2006 Act ; or
-
the financial statements do not accord with those records; or
-
the financial statements do not comply with the accounting requirements under section 396 of the 2006 Act other than any requirement that the financial statements give a 'true and fair' view which is not a matter considered as part of an independent examination; or
-
the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
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
19 November 2024
Page 7
The College of General Dentistry Statement of Financial Activities
for the year ended 29 February 2024
| 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 income/(expenditure) 11 Transfers between funds Net income/(expenditure) 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 2024 £ 67,613 589,029 4,720 9,211 |
Total funds 2024 £ 67,613 589,029 4,720 9,211 |
Total funds 2023 £ 46,468 504,652 1,004 16,037 |
|---|---|---|---|
| 670,573 - 79,785 517,913 |
670,573 - 79,785 517,913 |
568,161 600 212,394 565,423 |
|
| 597,698 - |
597,698 - |
778,417 - |
|
| 72,875 - |
72,875 - |
(210,256) - |
|
| 72,875 | 72,875 | (210,256) | |
| 72,875 358,517 |
72,875 358,517 |
(210,256) 568,773 |
|
| 431,392 | 431,392 | 358,517 |
Page 8
The College of General Dentistry Summary Income and Expenditure Account
for the year ended 29 February 2024
| 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 income/(expenditure) before tax for the year Net income /(expenditure )for the year |
2024 £ 665,853 4,720 670,573 596,431 1,267 597,698 72,875 72,875 |
2023 £ 567,157 1,004 |
|---|---|---|
| 568,161 | ||
| 776,869 1,548 |
||
| 778,417 | ||
| (210,256) | ||
| (210,256) |
Page 9
The College of General Dentlstry Balance Sheet at 29 February 2024 Company No. 02586636 Notes 2024 2023 Fixed assets Tangible assets 14 3,800 3,8 5,067 5,067 Current assets Debtors Cash at bank and in hand 15 18,387 445,513 463,900 (36,3081 427,592 15,923 427,568 443,491 190,041) 353,450 Credltors: Amount falling due within one year Net current assets 16 Total assets less current Ilabllltles 431,392 358,517 Net assets excludlng penslon asset or Ilability 431,392 358,517 Totsl net assets 431,392 358,517 The funds of the charlty Unrestrlrted fvnds General funds 17 431,392 358,517 431,392 358,517 Total funds 431,392 358,517 These accounts have been prepared in accordance with the special provlsions of Part 15 of the Companies Act 2CM)6 relating to small companies. For the year ended 29 February 2024 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 settion 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the qUirementS of the Companies Act 2006 with respect to accounting records and the preparation of accounts. Approved by the board on 19 Novemb 2024 And signed on its behalf by: M. Horton Trustee 19 November 2024 Page 10
The College of General Dentistry Notes to the Accounts
for the year ended 29 February 2024
- 1 Accounting policies
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
-
Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity.
-
Designated funds These are unrestricted funds earmarked by the trustees for particular purposes. Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal.
Income
-
Recognition of Income is included in the Statement of Financial Activities (SoFA) when the charity income becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability.
-
Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SoFA.
-
Donations and Voluntary income received by way of grants, donations and gifts is included in the legacies the SoFA when receivable and only when the Charity has unconditional entitlement to the income.
-
Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the donations and gifts gift/donation to which it relates. Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material.
-
Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable.
Page 11
The College of General Dentistry Notes to the Accounts
Expenditure
-
Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT expenditure which cannot be fully recovered, and is reported as part of the expenditure to which it relates.
-
Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities charitable activities and services in the furtherance of its objects, including the making of grants and governance costs.
-
Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid.
-
Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs.
-
Other expenditure These are support costs not allocated to a particular activity.
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. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.
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 Other 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 2023 £ 46,468 504,652 1,004 16,037 568,161 600 212,394 565,423 778,417 (210,256) (210,256) (210,256) 568,773 358,517 |
Total funds 2023 £ 46,468 504,652 1,004 16,037 |
|---|---|---|
| 568,161 600 212,394 565,423 |
||
| 778,417 | ||
| (210,256) | ||
| (210,256) | ||
| (210,256) 568,773 |
||
| 358,517 |
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 |
Unrestricted £ 52,613 15,000 - 67,613 Unrestricted £ 43,421 545,608 589,029 Unrestricted £ 4,720 4,720 Unrestricted £ 9,211 9,211 |
Total 2024 £ 52,613 15,000 - 67,613 Total 2024 £ 43,421 545,608 589,029 Total 2024 £ 4,720 4,720 Total 2024 £ 9,211 9,211 |
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 2024 £ - - |
Total 2023 £ 600 |
||
| 600 |
Page 14
The College of General Dentistry Notes to the Accounts
9 Expenditure on charitable activities
| 9 | Expenditure on charitable activities | |||
|---|---|---|---|---|
| Unrestricted | Total | Total | ||
| 2024 | 2023 | |||
| £ | £ | £ | ||
| Expenditure on charitable | ||||
| activities | ||||
| Courses | 18,128 | 18,128 | 75,930 | |
| Memberships | 59,757 | 59,757 | 134,664 | |
| Governance costs | ||||
| Governance costs | 1,900 | 1,900 | 1,800 | |
| 79,785 | 79,785 | 212,394 | ||
| 10 | Other expenditure | |||
| Unrestricted | Total | Total | ||
| 2024 | 2023 | |||
| £ | £ | £ | ||
| Employee costs | 362,840 | 362,840 | 338,536 | |
| Motor and travel costs | 8,049 | 8,049 | 13,096 | |
| Premises costs | 2,506 | 2,506 | 3,703 | |
| Amortisation, depreciation, | ||||
| impairment, profit/loss on | 1,267 | 1,267 | 1,548 | |
| disposal of fixed assets | ||||
| General administrative costs | 87,029 | 87,029 | 164,464 | |
| Legal and professional costs | 56,222 | 56,222 | 44,076 | |
| 517,913 | 517,913 | 565,423 | ||
| 11 | Net income/(expenditure) before | |||
| transfers | ||||
| 2024 | 2023 | |||
| This is stated after charging: | £ | £ | ||
| Depreciation of owned fixed assets | 1,267 | 1,548 | ||
| 12 | Trustee remuneration and expenses | |||
| 2024 | 2023 | |||
| Number | Number | |||
| Number of trustees paid expenses | - | 1 | ||
| The nature of the reimbursed expenses | In the year to 28 February 2023 £143.79 was paid to one | |||
| trustee to attend the 2022 AGM. |
Page 15
The College of General Dentistry Notes to the Accounts
13 Staff costs
| Staff costs | |
|---|---|
| 2024 Salaries and wages 300,160 Social security costs 27,413 Pension costs 35,267 362,840 One employee received remuneration in the band £90,000 to £100,000. |
2023 285,912 27,889 22,873 |
| 336,674 | |
The average monthly number of full time equivalent employees during the year was as follows:
| 2024 Number 6 6 |
2023 Number 6 |
|---|---|
| 6 |
A workplace pension scheme (defined contribution) is in place with Aviva.
14 Tangible fixed assets
| Cost or revaluation At 1 March 2023 At 29 February 2024 Depreciation and impairment At 1 March 2023 Depreciation charge for the year At 29 February 2024 Net book values At 29 February 2024 At 28 February 2023 15 Debtors Trade debtors Prepayments and accrued income |
2024 £ 11,600 6,787 18,387 |
Equipment £ 8,156 8,156 3,089 1,267 4,356 3,800 5,067 |
Total £ 8,156 |
|---|---|---|---|
| 8,156 | |||
| 3,089 1,267 |
|||
| 4,356 | |||
| 3,800 | |||
| 5,067 | |||
| 2023 £ 8,726 7,197 |
|||
| 15,923 |
Page 16
The College of General Dentistry Notes to the Accounts
16 Creditors:
amounts falling due within one year
| Trade creditors Other taxes and social security Other creditors Accruals 17 Movement in funds General funds Total funds 18 Analysis of net assets between funds Fixed assets Net current assets 19 Reconciliation of net debt Cash and cash equivalents Net debt |
At 1 March 2023 358,517 358,517 |
2024 £ 28,071 848 4,230 3,159 36,308 Incoming resources (including other gains/losses) £ 670,573 670,573 At 1 March 2023 £ |
Resources expended £ (597,698) (597,698) Unrestricted funds £ 3,800 427,592 431,392 Cash flows £ |
2023 £ 24,062 2,367 2,973 60,639 |
|---|---|---|---|---|
| 90,041 | ||||
| At 29 February 2024 £ 431,392 |
||||
| 431,392 | ||||
| Total £ 3,800 427,592 |
||||
| 431,392 | ||||
| At 29 February 2024 £ |
||||
| 427,568 | 17,945 | 445,513 | ||
| 427,568 427,568 |
17,945 17,945 |
445,513 | ||
| 445,513 |
20 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 29 February 2024
| 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 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 Temporary staff |
Unrestricted funds 2024 £ 52,613 15,000 - 67,613 43,421 545,608 589,029 4,720 4,720 9,211 9,211 670,573 - - - 18,128 59,757 77,885 1,900 1,900 79,785 300,160 27,413 35,267 - |
Total funds 2024 £ 52,613 15,000 - 67,613 43,421 545,608 589,029 4,720 4,720 9,211 9,211 670,573 - - - 18,128 59,757 77,885 1,900 1,900 79,785 300,160 27,413 35,267 - |
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 1,862 |
Page 18
The College of General Dentistry Detailed Statement of Financial Activities
| Motor and travel costs Travel and subsistence Premises costs Rent 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 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 income/(expenditure) Net income/(expenditure) before other gains/(losses) Other Gains Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward |
362,840 8,049 8,049 2,506 2,506 1,267 87 8,612 - 18,014 32,308 21,460 6,548 88,296 12,087 44,115 20 56,222 517,913 597,698 - 72,875 72,875 - 72,875 358,517 431,392 |
362,840 8,049 8,049 2,506 2,506 1,267 87 8,612 - 18,014 32,308 21,460 6,548 88,296 12,087 44,115 20 56,222 517,913 597,698 - 72,875 72,875 - 72,875 358,517 431,392 |
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 |
Page 19