The Charity Registration Number is :_ l(K)5171 BATH GENERAL PRACTICE EDUCATION AND RESEARCH TRUST Report and Accounts 31 March 2024 BGPERT Bath GP Education & Research Trust
BATH GENERAL PRACTICE EDUCATION AND RESEARCH TRUST Report and accounts for the year ended 31 March 2024 Contents Paze Charity information Trst, Annual Report ststement (bf directors, responslbllltlos Independent Accountant's Report .Statsment of Financial Actlvitles BalBnce sheet Notes to the accounts 10
BATH GENERAL PRACTICE EDUCATION AND RESEARCH TRUST Trustees, Annual Report for the year ended 31 March 2024 The Trustees present their Report and knounts for the year ended 31 March 2024. Reference and administrative details The charity name The legal name of the charity is.'- BATH GENERAL PRACTICE EDUCATION AND RESEARCH TRUST. The charity is also known by its operating name, BGPERT. The charity's oreos operntion and UK ¢lwitabk regislralion The charity is restered in England & Wales with the Charity Commis8ion in England & Wales (CCEW) with Charity number 1005171. The charity does not operate in any overseas jurisdietions. IAgal stn4cthre of the eharity The chari(y is consiitud as an unincorporad chariiy. esthblished by Tnjst Deed. The governing documeni of the charily is (he Trust Deed esiablishing Ihe chariiy. There are no resiriciions in ihe governing documents on the operdiion of the Charity or on ils investment power.% other than those impobed by Charity Law. The INslees are all individuals. Theprincwal operating address is... Dcpartmcnil, Wolfson Building RUH Bath NHS Foundation Trust. Combe Park Baih, BAI 3NG The Trustees in off¢ on ihe d¢t¢ the r¢port was approved wer¢.'. John Ward Rosie Cain Helen Kin8Ston Anne tashford Peter Phillips Alice Gardner Th¢followingpersons served as Trns¢ees during theyedr ended 31 Marth 2024 :. The trusiees who served as a trustee in the reporting FWi(xl were as shown abovq IheTe were no changes in the period between the year end and the approval of the ¥¢ounls.
BATH GENERAL PRACTICE EDUCATION AND RESEARCH TRUST Trustees, Annual Report for the year ended 31 March 2024 Objects and activities of the charity Thepurposes of ihe charity as set out in its governing do¢tsm¢nl BGPERT works . - for the advancemeni of contlnuing professTonal development through medical education for General Pra¢Litioners. GP trainees, and lled GP staff including Practice Nurses. to promote Ihe highesi level of care delivery lo their paiients, through updatrs and knowledge of the latest evidence and guidance for trealmeni and patieni care, and lo dissemina Tnfomiaiion amongst the medical profession in the Bath Hea]ih Districi and elsewhere for SULh purpose." The main activities undertaken In reldtion to thosepurposes during theyear Sincc thc closure of of ihe RNHRD at the MiD¢raJ Hospital. in the centre of B&h. and subsequent move to a new purpose-built unil at the RUH Baih sile. we have relocated accordTngly. and now have offices in the Wolfson Centre in the RUH, shared with two oiher chariues. BGPERT provides around 40 coniinuin8 educaiion events each year helping GPS and other health professionals to maintain their awareness and understsnding of current tlment and care options, to enhance thcir referral practice and self-awareness of their professional prdctice. The programme is buili upon members. learning needs as evidenced by delegaie feedback. event evaluation, liai50n wilh speakLrs, cvnsulianls and other relevani professionals, and Ihe summarised outcomes of appraisals. Frequently dcvclopcd in collabordlion with other educaiional providers the events are delivered in a variety of fornmis including online dclivcry via webinars, al different limes of Ihe week. at venuos around RGPERT'S geographical paich, and dc8igned to enLourage reflective practice. In addition lo providing access io copies of speakers, prescnlations the BGPERT website points members to other educational and infom)aLion resources. BGPERT actively liaises with oiher EPOS and edUClonal providers, and entities relevanl to BGPERT'S purpose, e.g.. local Clinical Commis.siuning GTOUPS. Communiry Education provider Networks, other health care prvviders, e.g., Sirona, BEMS and other profession.s relevant to health and well being. e.g.. police, alcohol and drug abuse services, social Care. All of BGPERT'S activities are quality assured ihrough active participation in the appropria Severn School of Primary Care's procusses. The main activtties undertaken during iheyear lofvrther the charity's purpos¢for ihepublic benef By hclping to ensure GPS and other members of the primary care workforce are professionally up to da and self-aware abnui iheir practice, BGPF.RT plays a significant role in enabling GPS to deliver the best treatment and care opiions for their patients. This alsi) helps ensure value for money on behalf of the NH.S. The trustees have had regard lo ihe Charity Commission's guidance on public benefit in managing the activities of the charity.
BATH GENERAL PRACTICE EDUCATIOh' AND RKSEARCH TRUST Trustees, Annual Report for the year ended 31 March 2024 The main achievements and perforniance of the charity during the year BGPERT'.8 main achievements weTe a5 follows. 35 meetings. 10 days {Ir2 or whole days) and 25 evening webinars in 2023r2024. Aiming to run on a break<ven basis. Delivering the al)ve programme in a cosi effective manner. keeping membership fees unchanged since 2012, through effective cost-managemeni and a successful spoftsorship application progrdmnK. This financial year has been the firsi 1[ year withou( acute interference and mandated changes as a result of the pandemic - we have seiiled inro a hybrid model of education delivery. tailored Lhrough feedback from our members about the optimal balance and optimal mix of online and in-person events. Our membership profile remains loyal and commilled, with healihy numbers renewing this year. Sponsorship has been more challenging with the hybrid model. and in irying to predict fair levels of sponsorship in relation 10 air time and meeiing visibility to our members. However. we have continued 10 remain buoyant financially, and Ihe team are constsndy sirivit)g io ensure that we remain financially stable and viable for future years. We have had two new educaiors join our froni-of-house team, who have Iioth added value, knowledge and enihusiasm io our programme delivery. Feedba¢k from members remains wholly posilive, and we have used this, alon&8ide review of irends, updates and relevant publicalions to continually adapt and refine our programme lo cn8urc delivery of relevani and up to date education for our m¢mbers. No concen)s have been raised Llthcr by m¢mbcr8, or by our Tnjsiees the mnfting of Ihe Charily and provision of high qualiiy education opportunities. We will continue to draw on experience and leeilback lo guide opiimisaiion of our aceourtts, financial $ustatrkabilily and activity profile. The difference the charity s perforniance during theyear has mdde ¢0 the benefKiaries oiihe ¢harity As ouilined above. BGPERT has helped its members and other health prof$10naIs Main1n iheir professional knoWIge and skills, and profe*8ional Self-awaren, Complementing the other educational opportunities open 10 GPS, e.g., on-line learning and reading. The degree lo which the achievements andperfonn4n¢e during iheyear have b¢nefu¢d wider society Society, including the xonomy have benefittrd from having an up ts) d, and therefore more effeciive, primary care workforce. Structureg governance and management of the charity The methods used to recn4it and appoint new charity lrnstee5 As set oul iri the Declaration of Tru.81. membership of Trustees is defined only in teffl of a mintumum of four persons. Given the role of the Trust to advance and promote continuing medical education for General Prdctilioners in the Bath clini¢al area, membership has sought io include prdclising GPS. their &sM)ciat&s, Irainees e from across the area.
BATH GENERAL PRACTICE EDUCATION AND RESEARCH TRUST Trustees, Annual Report for the year ended 31 March 2024 Financial review The charity sfinancialposition at ihe end oiiheyear ended 31 March 2024 The financial position of the charity ai 31 March 2024 and compardtiv&5 for the prior period. as more fully detailed in the accounts, can be summarised as follows:_ 2024 2023 Net Ineome 5,597 7,091 Unrestricted Revenue Funds available for the general purposes of the Charity 121.453 115,856 Total Fun 121.453 115,856 Financial review of theposition at the reporting dale, 31 Mdrch 2024 The Irusiees con.8ider Ihe financial perfornwice by the chariiy during Ihe year to have salisfaclory. ,8pecific changes in fixed assels are detailed in the noies io ihe accounts. Policies oil reserves IIGPERT'S policy. discussed annually at a mcciing of Ihe trustees. is io run the Charity on a break even basis with rescrves sufficicnt io meet ils minimum ObliglOn$ for approximately one year. Avdilability dnd ddequdcy of ass¢ls of ea¢h of Ihefunds The board of Irusiees is satisfied th* the charity's &8s¢ts in each fijnd are available and ad¢quaie to fulfil its obligations in respect of each fund. Details of The Independent Examiner Dione Hicks Member of the ICAEW 107 Penn Hill Road Bath BAI 3RU Statement of Trustees, Responsibilities The charity's twstees responsible for the prepardtion of the accounts in accordance wtth the tern of the Charities Act 2011 and the Charities (Accounts and Reports) Rcgulations 2008. Notwiihsthnding the explicit requiremen¢ in the extani stalulory rcgulations.the Charities (Accounts and Rcports) Regulations 2(K)8. 10 pr¢parc the financial staiemenis in ac¢orddnce wilh the SORP 2(X)5. in view of the laci ihai ihc SORP 2W5 has been wiihdrawn, the TnLStee5 deterniined tv intcrprct this respon.sibility a8 requiring ihcm to follow current b[ praciice and prcpare the accounis according to the FRS 102 SORP (.Sthiemeni ol Recommended PTactice for Accounting and Reporting by Charities) 2015, las amended by the Bulletin issucd in Ociokr 2018 and applicable io all accounting period5 beginning on or after 1st January 2019), lThe SORP). .
BATH GENERAL PRACTICE EDUCATION AND RESEARCH TRUST Trustees, Annual Report for the year ended 31 March 2024 In particular. charity law requires the Trustees. if they prepare acciM]nts on an accruals basTS. to prepare financial stateTnents for each financial year which give a true and fair view ol the ol affairs of the Lhutily as at the end of the financi year and of the sutplus or deficit of the charity. In preparing those financial statements the TrusLees are required io :_ - lo prepare the accounls in accordance with United Kingdom Generally Accepted Accouniing Praciice (United Kingdom Accounting Standards and applithle law). - select suitable accounting policies and apply them consistently: make judgements and estimates Ihal arc reasonable and prudent: - prepare Ihe financial siaiements on the going concern basis unl&ss it 1% inappropria to presume rhat the charity will continue in business. state whether applicabl¢ accounting standards and slalements of recommended practice have been followed, subject to any material depanures disclosed and explained in the financial staten*nts' The law requires that the trustees musr not approv¢ the accounts unlS ihey are satisfied that they give a true and fair view of the state of affairs of the charity and of the surplus or deficit of ihe charity for ihe year. The Trustees are also responsible for maintaining adequate accountin8 records which disclose with reasonable accuracy ai any lime ihe financial position of the charity and whtch arc sufficient to show and explain the charity'8 transactions and enable them to ensure that the financial statemenls comply with regUl10n.8 made under the Charities Act 2011. They are also responsible for.8alcguardin8 th¢ aSlS of Ihc chariiy and hence for tsking reasonable sieps for the prevention and detection of frdud and othcr irregularities. Thc Tnxslees are also responsible for the contents of Ihe TTUSiLW' rcport. and thc sta(ulory responsibility of the Independent F.xaminer in rclarion io Ihe Trusiees, report is limited (o examining the report and ensuring thai . on the face of Lhe report, th¢re arc no malerial in¢onsislenci¢s with the figures disclosed in the financial stalemcnts. This report was approved by the board of truste on lul9¥. Ward Trustee
BATH GENERAL PRACTICE EDUCATION AND RESEARCH TRUST Report of the Independent Examlner to the TnLStees ofthe chrity on the accounts for the year ended 31 March 2024 I report to the Trusttts on my examinion of the financTal sth¢emenLS of the charity on page5 8 to 17 the year ended 31 March 2024 which have been prepared in a¢c(rdanc¢ with the Chariiies Aci 2011 (the Aci) and with ihe Finan¢ial RqIng .8tandard 102, (effective I st January 2016) adapd io med rte£ds of Unine(rtxy ganIsatIOnS. as mcmlified by FRS 102 SORP (Statement of Recommended Praciice r(x AcCnting and Rewrting by Chariiies) 2015. (as amended by the Bulletin Issucd in O¢iob¢r 2018 and applicable to all accounting wi(xls bewnning on or after Isi January 20191. cfhe SORP), published by the Charily Commi.ksion in England & Wales (CCEW). and under ihe historical cost conventi¢)n and the accounting w>li¢ies set out on page 10. Respective responsib51itie5 of the Ttee5 and the Independent Examiner 4nd the b45is of the report As described on pag¢ 4, you, thc charity's Trustee5, arc resFK)nsible frff the preparion of the financial stsiements irt a¢¢ordance with the Charities Aa 2011 and all other applicabl¢ law and with United Kingdom Gcnerally Accepted Accounting Practice. applicable to smaller enlit1. and for being saii$fi¢d the financia] statements give a fftie and fair view. The Trustee5 considcr thai the audit requiremeni of Seciion 14411 l of the Chariiies Act 2011 (the Aci) dixs not apply. and thai there is no requiremeni in ihe Governing Document the conducting of an audit. As a consequence. the Trustees have elected thai the financial sta¢em¢nis be subjec¢ to independent examination. Having satisfied my8elf ihat the financial statements are required io be audited under any legal provisiorÈ, cff (xherwise, and are eligible for independent examinaiion. il 1$ my r&8rx)nsibiliiy io'.- al examine the financial statements of the charity under 8Kiit)n 145 of the Aci: b) follow the applicable prcKedures in the DI¢¢ton$ 8iven by the Charity Commission under sxuon 145151(b) of ihe Act. Basis of Independent Examiner's Statemenl and s¢op¢ ol work undertaken I repcfft in respeci of my exominaiion of the charity's finala] statements carried wl und¢r $145 of the Act. In carrying out my cxamination. I have followed all Ihe applicahle Direciiong given by the Charity Commission under section 1451.51(bl of the Act setting out the duties of an independeni examiner in relation io the conducting of an independeni examination. An independent examination in¢ludes a review of the accounting records kept by the chaniy and of the accounting systems employed by the chariiy and a Comparison of the financial staiements pruented wilh those rerds. It also includes consideration of any unusual itemq nr disclosures in ihe financial slatemenls, and seeking explanaiions from you. as Tru81. concerning suth maii¢rs. The purpose of th¢ examina¢ion is to establish as far as Fossible thai ihexe have been 00 breaches of charity leSlaI10n and that, on a test basis of evidence rel¢voni io the amounts and disclosure5 made. the financial statemenis comply with the SORP. The procedures undertaken do not provide all the evidence that wcNJld be required in an audit, and infornialion supplicd by the Trnste¢8 lrt th¢ course of the examination is subjecied io audil t¢sls (K cnquiries and dlw not cover all the maiters ihai an audilor would consider in arriving ai an opinion. The planning and conduct of an audil g(Ls beyond the limited assurance (hat an independent examinaiion can provide Conwucnily. I do not expr&ss an audit opinion on the view gtven by the financial StatentS. and in p8rti¢ular. l express no opinion as io whether Ihe financial 51alcm¢nt8 giv¢ a tTue and fair view of the affairs of the charity. and my reEwi is limited to the matters set out in the staiemeni below. I plaDn¢d and performed my examination so as io satisfy myself thai the objectives of the independeni examinatson are achieved and befi)re finalising the retxKt l obtained writien assurantys from the Ttusiees of all Mala1 mattern. Independent Examiner's Ststemen¢, Report and Opinion Subje¢t io the limithtions upon the scope of my work as detsiled above, I have comple my examination: and can confirm that:. This is a ieikn in respcct of an examination carried out under 14.5 of the Act and in acccffdance with Directions given by the Chartty Commis%ion under section 14515)Ib) of the Aci which tnay bc applicablc- and that no matcriai matters have come io my attentson in connection with the examination giving me cause to belteve that ]# any material respect'.- accounting records wcrc nol kev in respect of the chartty as rwuired by with Section 130 of The Chariiies Aci 2011. the financial statements do not accord wilh those records: SY
BATH GENERAL PRACTICE EDUCATION AND RESEARCH TRUST the finan¢ial stat¢Jnents do not comply with the applicablc rcquircmcDLs concerning Ihe form and con(eni of accounts sei oui in the Chariti¢s (Accounts and Reports) Rcgulation5 2LK)8 (xhcr than any requiremenl that the accounL8 give a'true and fai view, which is not a matter considered as part of an independeni examination: have noi been prepaTed in Ordance with the ond principle5 set out in the FRS 102 SORP (Sratement of Recommended Praciice for Accounting and Reing by Charitie%l 2015. (As amended by thc Bulletin is8ued in October 2018 and applicable to all accounting on aftrr Isi January 2019). cthe SORP). I have no concerns and have come across no other maiws in conn¢ction with the examination io whi¢h attention sh(Id be drawn in this repm in order to enable a pr(w undersianding of fin¢11 si*emenls to be reached. D UnLLxio L£ Dione Hick8- IndeFtndeni Examin Chartered Accountants 107 P¢nn Hill Road Bath BAI IRU This report was Signed on 12 November 21Y24
BATH GENERAL PRACTICE EDUCATION AND RESEARCH TRUST - Staternent of Financial Activities for the year ended 31 March 2024 Statement of Financial ACtiVlesor Iheyear ended 31 March 2024 SORP Current year crr¢llt y¢Ar Rutrided C•rrent yt4r Total Funds Prior Year Tot81 Funds Fund5 2024 2024 2024 2023 Income & Endowments from: Charitable ac¢iviiies Investm¢nt$ A2 A4 111.074 2.462 111,074 2,462 106,191 964 Totsl Income 113A36 113536 107,155 Expenditure on: Charitable ac(iviii¢s B2 107,939 107,939 100,064 Total exptndlture 107,939 107,939 100,064 Net Income for the year 5597 5J97 7,091 Net Income after traThrfers A.B-L S9? 7,091 Net movement In tunds S97 5597 7,09] Reconclllatlon of funds:. Totsl funds brought ftsrward 115,856 115056 108.765 Total funds cirrled forwArd 121,453 121,453 115,856 The'.SORP Rcf indicated atrM)ve is the classificaiion of in¢onK set out in ihe fomul SORP d(Kumen15. As required by paragraph 4.60 of the SORP, the brought forward and carried forward funds •boY¢ have been ¥48reed to the Balance Sheet. A separate Statement of Tolal R¢¢ognis¢d Gains and LL)sscs is not required as this sLemen1 includes all recognisJ gains and All the prior year transactions were UnrtrIct items, and no further analysis is required All activities derive from coniinuin8 Olxrntions The notes attached on pages 10 to 17 forni an Integral part of these accounts.
BATH GENERAL PRAcfIcE EDUCATION AND RKSEARCH TRUST - Balance Sheet as at 31 March 2024 SORP Noie Ref 2024 2023 Flxed assets Tangible assets 8 A2 866 690 Current assets Debtors B2 2,575 730 Cash at bank and in hand 134,522 Total current 147,2(P) 135,252 Credltors: amounts falllng due within one year io ci 126,622) {20.0861 Net eurrent ets 120.587 115.166 The total net ets of the ¢h8ri¢y 121A5J 115,856 The totsl net ets of the dthrlty are funded by the funds of the charity? as lollow$'.- R¢strlcled funds urtrIcted Funds Unrestricted Revenue Funds 14 D3 121.453 115.856 121,453 115,836 De8lgnated Funds Total charlty funds 121,453 115,856 The'SORP Ref tndi¢aied above is ihe c1&8sificaiion of Balance Sheet iterts &8 out in the fornial SORP documents. As required by paragraph 4.60 of the SORP. the brought forward and carried forwaTd ndS above have been agreed to ihe SOFA. The Thistee5 acknowledge their responsibilities for complying with the wuirement8 of charity legislation with respeci EO accounting records and the preparation of accounts. The charity is subject 10 Independent Exatnination under charity legt.41ation, and the report of rhe Independent Exarnin¢r 15 on page 7. The Trusle¢s are satisfied that, although the charity is not registered under th¢ Companies Acts, if it were so registered, it would be eligible to prepare accounts in accordance with the proviston5 in Pan 1.5 of ihe Companies Aci 21X)6. applicable to companies Subject to the small companies regjme. J Ward Trustee Approved by the board of tnjstees On4* I I I w- The notes gtt8ched on pa80$ 10 to 17 forni an integral pgrt of these account&
BATH GENERAL PRACTICE EDUCATION AND RFSEARCH TRUST Notes to the Accounts for the year ended 31 March 2024 l Accounting policies Policies relaling to theproduction of the ae¢ounts Basis of preparation and accounting convention The a¢counls have been prepared on the accruals basis. under the historical CO convention. and in accordance wilh Lhe Financial Reponing Standard 102, (effeciive I st January 2016) and'FRS 102 SORP (Sialement of Rec0Mnnded Practice for Accounring and Reporting by Charities) 2015. (as alnended by the Bulletin issued in Ociober 2018 and applicable to all accouniing period8 beginning on or after I st January 2019). (The SORP). published by Ihe Charity Commission in England & wale.s ICCEWI , effec(iYc January 2016, , and in accordance with all appltcable law in Ihe charily's jurisdiction of regisiralion. except that the chariiy has prepared ihe financial statements in aecordance with the FRS 102 SORP (Stalement of Recommended Praciice for Accouniing and Reporting by Charities) 2015, las amended by the Bulletin issued in Ociober ' 2018 and applicable to all accouniing periods beginning on or after I st January 2019). (The SORP). in preference io Ihe previous SORP. Ihe SORP 2005. which has been withdrawn. noiwithstanding the fact Ihat the ex(an( stsiulory regulaiions, the Charilies IA¢counls and Repons) RLgulalions 2C()8 refer explicitly to Ihe SORP 2tM)5. This has been done io accord with current best practice. Golng Concern Under 3.38 and 10 comply wilh 3.14, if there are no uncertainLie5 about going concern this MUST be slated. Under 3.39, if there are uncertainiies deiails musi be given. Enter iext her¢ lo comply Sugg&81ed nom)al xI (whioch may requirc modification io the circumstances).'- The chariiable activities are entirely dependent on conlinutng 8ranE aid and voluniary donations as wcll as trading revcnues. As a consequence, Ihe going concem basis is dcpcndeni on the future flow of ih&se uncertain funding Sireams. ALcordin81y, Ihe Trustees have obiained forecasts and. after reviewing rhe financial forecasis for future periods to 31 March 2021, the Trustees are saiisfied (hat, at the of approving th¢ finan¢ial statements. it is appropriate to adopt the goin8 Concern basi8 in preparing the financial slal¢menls. Other than these mai*rs, the TtStS are not awaff of any material unccrtainiie ahout the charity's ability lo continue as a going concern. Rlsk8 and future wumptloTLS The charity is a public benefii enrily. Policies re1ing to categories of income and income recognilion Membershlp sulKscrlptlo The income and any associatcd Gift Aid or other tax refund from a membership subscripiion received by the charity in ihe nalure of a gift. is aCcound for on ihc same basis as a donation. The incotne from a membership subs¢ripiion received by the charity where the subscription purchases the right to services or benefits is recognised as inco from charirable aciivilies. Policies relating to expenditure on gookn dnd servi¢es provided lo the charity Recognltlon of liabilitie5 and expendilure A liability, and the related expenditure, is recognised when a legal or constmctive obligation exists as a result of a past event, and when it is more likely Ihan noi that a transfer of economic benefits will be wuired in settlemeni. and when the amount of the obligation can be measured or reliably esi1m¢d. Liabilities arising from future funding commiimcnts and constructive nbligaiions, including performance relaied grants, where the timing or the amouni ol thc future expenditure required to seiile ihe obligation are uncertain, give rise lo a provision In ihe account5, which is reviewed at the accouniing year end. The provision is increased 10 rcflect any increases in liabilities. and is decreased by the utilisation of any provision within the period. and reversed if any provision is no longer required. These movements are charged or credited to the reswive funds and activit1&8 to which ihc provision relates. 10
BATH GENERAL PRACTICE EDUCATION AND RESEARCH TRUST Notes to the Accounts for the year ended 31 March 2024 Policies relaiing to assets, liabili4ws andprovisio¥ and other mdtters Tangiblefired assets Tangible fixed assets are me&8ured ai thcir originai cost value. or subsequeni revaluation, or if donated. as described above. Cost value includes all costs expended in bringing the a55et into its intended wnrking condition. Depreciation has been providcd at the following rates in order 10 write off the &sscts to their antiCipad residual value over their estimaied useful lives. Fixtures and fitiings Computcr cquipment Equipment 15 % reducing balance 25 % reducing baiance 25 % reducing balance Debtors Debtors are measured at their recovcrdble amounts at the balance sheet date. FInanCi instruments including and bank b418nces Cash held by the charity is included ai Ihe amount actually held and counted ai ihe year end. Bank balan, whether in credil or overdrawn, arc shown at the amounts properly re£onciled to the bank slaternents. Fund Accounting Unresiricied funds are available for use at the discreuon of the ttuslees in furthcrdnce of the general objectives of ihe charity. Thcre are no dcsignaled fijnds. There ar¢ no restric1 funds. There are no endOwnnt funds. 2 Liability to taxation The Tru8iees consider thai Ihe charity saiisfies rhe tesis sd out in Paragraph I Schedule 6 of ihe Finance Act 2010 for UK corporation tax purpo.8es. Accordingly, the Charity is potentially exempt from iaxaiion in respeci of incornc or capital gains rcceived within categuries covered by chapter 3 part I l of ihc Cojporaiion Tax Act 2010 or Seciion 256 Of thc Taxation of Chargcable Gains Act 1992. to ihe exieni Ihai such income or gains are applied exclusively on the spe¢ific chariiablc objects of the charity and for no other purpose. Value Added Tax is not recoverdble by ihe charity. and is (herefore included in the relevant costs in the Sialement of Financial Activities. 3 Winding up or di&solution of the charlty If upon winding up or di%&Dluiion of th¢ charity Ihere remain any assei.%. afier ihe .li.factIon of all debts and liabilities, Ihe assets represented by (he accutnulated fund shall be iransfenrAI to sott* other Charlble body or bodies having similar objccls to the charity. 4 Slgnificance of financial instruments to the charity's position There are no %ignifican( implications of financi instruments to the charlS Posilion. 5 Net surplus before tax in the financial year 2024 21)23 The net surplus before tax in the financial year is Sed after charging=_ Depreciation of owned fixed assets 257 No employees received emoluments (excluding pension c%} in exce55 of£60.(KM) per annum.
BATH GENERAL PRACTICE EDUCATION AND RESEARCH TRUST Notes to the Accounts for the year ended 31 March 2024 6 Remuneration and payments to Truste and persons connected with them No irusiees or persons connected with them received any remuneT*ion from the charity. or any relaied entity. 7 Deferred income - Unrestricted and Designated thnds Current Year 0[7n8 Deferrnls Relegsed Reteived Deferred from prior le&$ relt&sed t yr end years In year Sundry iiems under £1 LKK) 4,010 (4.010) 2,112 2,112 Total 4,010 (4.OlOJ 2,112 2,112 202A 2023 Those deferrAls are Ineluded in creditors 2,112 4,010 Prior Year Opcnlng D¢ferT414 Released Re¢elved Dcfcrrcd frnm prlor yc&rs less relcased In year al yr end Sundry items undcr £lO(X) 7,450 (7.450) 4,010 4,010 Total 7,450 (7.450) 4,010 4.010 2023 2022 Those deferrals kre Included In credltors 4,010 7,450 8 Tangible fixed assets IAnd and Buildings Plant & Machinery Motor Vehlelos Total Cost At l April 2023 Addilions 433 433 At 31 March 2024 13,823 13,S23 Depreciation Ai l April 2023 Charge for the year 12.71K) 257 12.700 257 At 31 March 2024 12,957 12,957 Net book value At 31 March 2024 866 866 At 31 March 2023 6) 690 12
BATH GENERAL PRACTKCE EDUCATION AND RKSEARCH TRUST Notes to the Accounts for the year ended 31 March 2024 9 Debtors 2024 2023 Trade debior8 2,575 730 10 Creditors: amounts falling due within one year 2024 2023 Trade creditors Ac¢ruals Dcfcrrcd Incorne- Unrestric(ed & desi8naied funds 13.426 11,084 2,112 5,220 10,856 4,010 26,622 20,086 11 Income and Expendlture account summary 2024 2023 At l Aprll 2023 Surplu8 after tax for ihe year 115,856 5,597 108,765 7,091 At JI March 2024 121,453 115,856 12 No related party transactions There were no related party Irdnsactiorts during the year. 13 Parttculars of how particular funds are represented by and liabilities At 31 March 2024 Unru¢rlcted D&sl8n8ted nds Restricted Total fun(L¥ fund8 Funds Tangible Fixed Asseis Currcnt A55Cts 866 866 147,2r (26,622) 147,209 (26,622) Current Liabilities 121,453 121A53 At l Aprll 2023 Unrestrided funds Desited fund% Rostrleted Total nds FuDds Tangible Fixed Asseis Current A%bets 690 690 135,252 (20.086) 135,252 120,086) Current Liabilities 115,856 14 Change in totsl funds over the year as shown in Note 13 , analysed by individual funds 115056 13
BATH GENERAL PRACTICE EDUCATION AND RESEARCH TRUST Notes to the Accounts for the year ended 31 March 2024 Fund5 brollght rorward frorn Movement in Transfers funds in 21)24 between funds in 2024 Funds carrled forward to 2025 2023 See Note 15 See Note O Unrestricled and deswnat¢dfunds.'. Unre4tricted Revenue Funds 115.856 5,597 121,453 Total unrestrlcted and dosl%naied thnds 115,856 s97 121,453 Total charlty fuDds 115,fl56 5597 121,453 IS Analysis of movements In funds over the year as shown in Note 14 Other Income Expendlture Galns & Movcmcnl ID fund 2024 2024 2024 2024 Unreslricled and designdtedfunds... Unreslricied Revenue Funds 113.5.16 (107.939) 5,597 I1336 (107,939) 5,597 16 The purposes for which the funds Unreslricled and deSignedlAds... These funds are held for the meding the objectives of the charity, and to provide reserves for future a¢iiviues. and . subject to chariiy legislaiion, are free from all resirieiions on their ux. Unrestricted Revenue Funds Designated Revenue Funds No such funds are held by the Charity. Re,ftri¢t¢dfunds.'. Restricied Revenuc Fund5 No such funds aTe helf by ihe Charity. 17 Ultimate controlling party The charity is under the control of lis legal members. 14
BATH GENERAL PRACTICE EDUCATION AND RESEARCH TRUST Detailed analysis of income and expenditure for the year ended 31 March 2024 as required by the SORP 2015 This analysis is classsified by conventional nominal descriptio and not by activity. 18 Income from charitable activities- TradiDg Activities Current year Unrestrleted Funds Cllrrenl year RL*trlttsd Funds Current year Tolal Funds Prlor Year Total funds 2024 2024 2024 2023 Primary purpose and ancillary tradlng Subscriptions 74,953 74,953 27,228 Meeting sponsorship Accredilaiion and course fees 27.228 28.750 8.893 s93 2,252 HEE- COVID fund 829 Total Prlmary purpose and ancillary trading 111,074 111,074 106,191 19 Total Income from charitsblc actlvltlos Current ytAr urtrIcted Fun(ts Current year Restrleted Funds Curr¢nt year Total Funds Prlor Ycar Total Funds 2024 2024 2024 2023 Total income from charitable trading 111,074 111,074 106,191 Totsl from charltable Aetlvltles A2 111,074 111,074 106,191 20 Investment Income Current year Unrestrlctrd Funds Current year Res¢rlc¢ed Funth Current year Total Funds Prlnr Vcar Totsl Funds 2024 2024 2024 2023 Bank Inlercst Receivable 2.462 2,462 964 TotAI investment ineome A4 2,462 2A62 964 15
BATH GENERAL PRACTICE EDUCATION AND RESEARCH TRUST Detailed analysis of income and expenditure for the year ended 31 March 2024 as required by the SORP 2015 21 Expenditure on charitable activities - Direct spending Current year Unrestricted Funds Current year Restricted Fund5 Current year Tofal Funds Pr5or Year Total Funds 2024 2n24 2023 Co-ordinators fees Course expenses Honorarium 36,041 16,828 36,041 16,828 8,138 582 4Tr,068 12,887 8,137 791 Sulisdoc expenses HEE - COVID fund expenses 582 829 Total direct spending B2a 61589 61589 62,712 22 Support eosts for charitable actlvltles cUTnI ycar Unrestricied Funds Current year R¢s¢rl¢led Funds Currtnt ytar Total Funds Prlor Year 'rot81 Funds 2024 2024 2024 2023 AdMintruE1ve overheads BIRD rent and overhcads Admini.stration fees Telephone Staiinnery, printing and postage Subscriptions IT co8lS Bookkeeping Sundry expenses Indemnity and public liabilily Websi(e renewal Charitable contributions 16.178 18,848 224 205 1.223 16,178 18,848 22A 205 1,223 832 4000 1,171 376 14,775 11,278 216 210 1,076 845 4,020 729 336 1,92 1.171 Financial costs Bank charges DepTeciation & Amortisaiion in total 104 257 104 193 257 Support costs before roalloeAtion 44,618 44,618 35,702 Total support costs 44,618 44,618 35,702 The basis of a]IallOn of costs between activiti is descrild under accounting policies All the expenditure in the prior year was unrestricted. The basis of allocation of costs beiween activities is describ undcr accounting polici&s 23 Other Expendithre - Governance costs 16
BATH GENERAL PRACTICE EDUCATION AND RESEARCH TRUST Detalled analysis of income and expendithre for the year ended 31 March 2024 as required by the SORP 2015 Current yur Unrtstricted Fun(Ls CurreDt year Restricted Fllnds Current yesr Totsl F$ Prior Year TotAI Funds 2024 2024 2024 2023 Independent Examiner's fees .732 1,732 1,650 Total Governance costs 1,732 1,732 1,650 24 Total Charitable expendlture Current yegr Unrostrlcted Funds Crrent year RerI¢l¢d Funds Current year Total Funds Prlor Ye&r Total Fund$ 2024 2024 2024 2023 Total direct spending Totsl support costs Total Governance costs B2a B2d B2e 61.589 44.618 61J89 44,618 1,732 62,712 35,71)2 1,650 Totsl charltable expendlture B2 107,939 107,939 100,064 17