## **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