2022-12-31-accounts - British Menopause Society

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			Page
Report ofthe Trustees		1	to	12
Independent Examiner's	Report		13
Statement ofFinancial	Activities		14
Balance Sheet		15	to	16
Cash Flow Statement			17
Notes to the Cash Flow	Statement		18
Notes to the Financial Statements		19	to	25
DetaBed Statement ofFinancial Activities		26	to	27

Publications
Throughout 2022 the BMS continued to add and update	our library ofresources				including:
-The BMS Consensus statement on the management	of estrogen deficiency					symptoms,		artbralgia		and	menopause
diagnosis in women treated for early breast cancer
- The BMSConsensus statement on Non-hormonal-based	treatments for menopausal						symptoms
- The BMSConsensus statement on Prevention and treatment		ofosteoporosis		in	post		menopausal women
- The BMSConsensus statement on Primary prevention	ofcoronary heart disease					in	women
- The PPMC Resources Toolkit on the BMSwebsite
- Testosterone replacementin menopause BMSToolfor Clinicians
-HRTpractical prescribing BMSToolfor cliniclans
—HRTpreparations and equivalent alternatives BMSToolfor		clinicians
- Cognitive Behaviour Therapy (CBT)for menopausal symptoms BMS			Tollfor clinicians
-Induced menopause in women with endometriosis BMSToolfor clinicians
-Menopause and the workplace guidance: what to consider BMSToolfor clinicians
—HRT IIHCfact sheet
—HRT Summary IPHCfact sheet
—Osteoporosis IPHCfact sheet
—Induced menopause in women with endometri osis —forpattents JFHCfact sheet
—Testosterone for women IPHCfactsheet
- Contraception for the older woman IITICfact sheet
-Breastcancer: Riskfactors IIHCfact sheet
-Endometrial ablation IPHCfact sheet
-Flbroids IPHCfact sheet
-Heavy periods IPHCfact sheet
- Vtertne polyps WHCfact sheet
-Five new BMSTVvideos:
- Sleep, Zoe Schaedel
-Testosterone explained, Kalpana Upadhyay
-Post cancer treatments, Paula Briggs
-Endometriosis, Haitham Hamoda
—Progestogens, Nick Panay
—Menopause practice standards produced jotntly	by the	British	Menopause				Society	(BMS), Royal			College	of
Obstetrtcians and Gynaecologists (RCOG), Society for Endocrinology PJE),						Faculty of			Sexual and Reproductive
Health (FSRH), Faculty ofPharmaceutical Medicine	(FPM)	and the	Royal	Pharmaceutical					Society (RPS) These			are
heavily based on NICE quality standards but with apractical		aspect.
- Ajoint position statement on best practice recommendations		for the	care ofmenopausal					women has been			released	by
the BMS, RCOG and SIZ.
-Ajoint statement was issued by the BMS, RCOG, FSRH and		RCGp on supply			shortages
-Ajoint RCOG BMSGreen Top Guideline: Alternatives	to HRTfor the Management						ofSymptoms ofthe Menopause.
Throughout the year, the society has also produced regular bi-monthly			updates		on HRT supply				issues.

		f r he	ment ofFinancial ' Year Ended31s D em	ties er2022
				31.12,22	31.12,21
				Unrestricted	Total
				fund	funds
			Notes		f.
INCOME	AND ENDOWMENTS FROM
Donations	and legacies		2	44,785	17,382
Charitable	activities
Membership	fees			276,865	196,276
Conference	and meetings			628,772	493,135
Miscellaneous income				11,576	14,938
Investment	income			504	85
Total				~962 502	~721 816
EXPENDITURE ON
Charitable	activities
Conference	and meetings			153,278	59,563
Publication	costs			69,184	47,697
				~405 941	313 102
Total				628 403	~420 362
NET INCOME				334,099	301,454
RECONCILIATION		OFFUNDS
Total funds	brought forward			540,906	239,452
TOTAL FUNDS CARRIED FORWARD				~875 005	~540 906

	British Menu	ocie
	~HI	st
	31stDecember 2022
			31.12.22	31.12.21
			Unrestricted	Total
			fund	funds
	Notes		f.
FIXEDASSETS
Tangible assets Investments	11 12		2,037 ~1632	2,304 1632
			3,669	3,936
CURRENT ASSETS
Stocks	13		1,980	1,208
Debtors	14		87,898	48,026
Cash at bank and in hand			~1027738	741 647
			1,117,616	790,881
CREDITORS
Amounts falling due within one year	15		(246,280)	(253,911)
NKT CURRENT ASSETS			~871 336	~536970
TOTAL ASSETSLESSCURRENT
LIABILITIES			875,005	540,906
NET ASSETS			~875 005	~540 906
FUNDS	16
Unrestricted funds			~875 005	~540 906
TOTAL FUNDS			~875 005	~540 906

			Briti M n se Socie
			Cash Flow Statement
		f	eYear Ended 31stDece	r 2022
				31.12.22	31.12.21
			Notes
Cash flows from operating activities Cash generated from operations				~286 756	~472 179
Net cash provided by operating activities				286 756	~472 179
Cash tlows from investing	activities
Purchase oftangible fixed assets				(1,169)	(706)
Interest received				504	85
Net cash used in investing	activities			~665)	621
Change in cash and cash	equivalents	in
the reporting period				286,091	471,558
Cash and cash equivalents	at the
beginning ofthe reporting	period			~741 647	270 089
Cash and cash equivalents	at the end of
the reporting period				~1027738	~741 647

			Notes to the Cash Flo t n for the Year E I D cern er 02	Notes to the Cash Flo t n for the Year E I D cern er 02
	RECONCILIATION		OFNET INCOME TO NET CASH FLOW FROM		OPERATING
	ACTIVITIES
					31.12.22	31.12.21
					f,
	Net income for the	reporting		period (as per the Statement ofFinancial
	Activities)				334,099	301,454
	Adjustments for:
	Depreciation charges				1,436	1,708
	Interest received				(504)	(85)
	Increase in stocks				(772)	(243)
	(Increase)/decrease (Decrease)/increase	in in	debtors creditors		(39,872) ~7631)	28,062 ~141283
	Net cash provided	by	operations		~286 756	~472 179
2.	ANALYSIS OF CHANGES IN NET FUNDS
				At 1.1.22	Cash flow	At 31.12.22
				f.
	Net cash
	Cash at bank and in	hand		~741 647	286 091	1 027738
				741 647	286 091	~1027738
	Total			741 647	286 091	~1027738

	f h Y	f h Y	En I tDecember 2	022
2.	DONATIONS AND LEGACIES
				31.12.22	31.12.21
	Donations			20,397	2,041
	Gift aid			~24 388	~15 341
				~44 785	17382
3.	INVESTMENT INCOME
				31.12.22	31.12.21
	Deposit account interest			504	85
	INCOME FROM CHARITABLE ACTIVITIES
				31.12.22	31.12.21
		Activity
	Membership fees	Membership	fees	276,865	196,276
	CBTmeeting income	Conference	and meetings	33,475	31,025
	Annual conference	Conference	and meetings	248,738	160,916
	Regional meetings	Conference	and meetings		26,980
	Grants	Conference	and meetings	20,000
	WHC symposium income	Conference	and meetings	36,400	26,345
	WHC other income	Conference	and meetings	8,417	7,799
	PPMC theory courses	Conference	and meetings	203,886	200,608
	RCOG meeting	Conference	and meetings	44,196	18,977
	Menopause cafe	Conference	and meetings	33,660	20,485
	WHC other income	Miscellaneous income			584
	Other incoming resources Publication income	Miscellaneous income Miscellaneous income		4,042 ~7534	4,263 ~10091
				~917 213	704 349
	Grants received, included	in the above, are	as follows:
				31.12.22	31.12.21
	Mahalo Trust			~20 000

						Direct
						Costs
Conference	and	meetings				153,278
Publication	costs					~69 184
						~222 462
SUPPORT	COSTS
					Governance
			Management	Finance	costs	Totals
					f.
Other resources		expended	~388 686	13719	~3536	~405 941
NET INCOME/(EXPENDITURE)
Net income/(expenditure)			is stated after charging/(crediting);
					31.12.22	31.12.21
						I
Depreciation	-	owned assets			1,436	1,708
Other operating		leases			11247	~ll 000

STAFF COSTS
				31.12.22	31.12.21
				8
Wages and salaries				209,375	162,375
Social security costs Other pension costs				14,383 ~2841	11,099 2 051
				226 599	~175 525
The average monthly	number ofemployees	during	the year was as follows:
				31.12.22	31.12.21
Administration				6	6

The number	ofemplo	ye	es whose employee benefits (excluding employer pension c	osts) exceede	d f60,000was:
				31.12.22	31.12.21
f60,001 - f70,000					1
f70,001 - $80,000				1
COMPARATIVES		FORTHE STATEMENT OF FINANCIAL ACTIVITIES
					Unrestricted
					fund
INCOME	AND ENDOWMENTS FROM
Donations	and legacies				17,382
Charitable	activities
Membership	fees				196,276
Conference	and meetings				493,135
Miscellaneous income					14,938
Investment	income				85
Total					~721 816
EXPENDITURE ON
Charitable	activities
Conference	and meetings				59,563
Publication	costs				47,697
Other					313 102
Total					~420 362
NET INCOME					301,454
RECONCILIATION			OF FUNDS
Total funds	brought	forward			239,452
TOTAL FUNDS CARRIED FORWARD					~540 906

	for the Year End	December 202	2
11.	TANGIBLE FIXEDASSETS
		Plant	and	Computer
		machinery		equipment	Totals
		f.
	COST
	At 1stJanuary 2022	9,346		2,845	12,191
	Additions		125	1044	~1169
	At 31stDecember 2022	~9471		~3889	1~3360
	DEPRECIATION
	At 1stJanuary 2022	7,380		2,507	9,887
	Charge for year	~1143		293	~1436
	At 31stDecember 2022	~8523		2 800	1~1323
	NET BOOKVALUE
	At 31stDecember 2022		948	~1089	~2037
	At 31stDecember 2021	~1966		338	~2304
12.	FIXEDASSETINVESTMENTS
					Listed
					investments
	MARKET VALUE
	At 1st January 2022 and
	31stDecember 2022				~1632
	NET BOOKVALUE
	At 31stDecember 2022				~1632
	At 31stDecember 2021				1632

14.	DEBTORS:		MOUNTS FA	LLI	NG DUE WITHIN ONE Y	EAR
							31.12.22	31.12.21
	Trade debtors						6,350	8,595
	Prepayments	and accrued income					81 548	~39431
							~87 898	~48 026
15.	CREDITORS: AMOUNTS			FALLING DUE WITHIN ONE		YEAR
							31.12.22	31.12.21
							f
	Trade creditors						47,928	11,504
	Accruals and	deferred income					~198352	~242 407
							~246 280	~253 911
16.	MOVEMENT		IN FUNDS
							Net
							movement	At
						At 1.1.22	in funds	31.12.22
								f,
	Unrestricted	funds
	General fund					540,906	334,099	875,005
	TOTAL FUNDS					~540 906	~334 099	~875 005
	Net movement		in funds, included		in the above are as follows:
						Incoming	Resources	Movement
						resources	expended	in funds
								f.
	Unrestricted	funds
	General fund					962,502	(628,403)	334,099
	TOTAL FUNDS					~962 502	~628 403	334099
	Comparatives		for movement	in	funds
							Net
							movement	At
						At 1.1.21	in funds	31.12.21
								f
	Unrestricted		funds
	General fund					239,452	301,454	540,906
	TOTAL FUNDS					~239 452	~301 454	540 906

		Incoming	Resources	Movement
		resources	expended	in funds f
Unrestricted	funds
General fund		721,816	(420,362)	301,454
TOTAL FUNDS		~721 816	~420 362)	~301 454

			Net
			movement	At
		At 1.1.21	in funds	31.12.22
			6	f
Unrestricted	funds
General fund		239,452	635,553	875,005
TOTAL FUNDS		~239 452	635 553	~875 005

		Incoming	Resources	Movement
		resources	expended	in funds
			f,
Unrestricted	funds
General fund		1,684,318	(1,048,765)	635,553
TOTAL FUNDS		1~684 318	(1~048765)	~635 553

		Detailed Statement	ofPinancial Activities
		for the Year Ende	tDec mber2022
				31.12.22	31.12.21
					f
INCOME AND ENDOWMENTS
Donations and legacies
Donations				20,397	2,041
Gift aid				~24 388	~15341
				44,785	17,382
Investment income
Deposit account interest				504	85
Charitable activities
CBTmeeting income				33,475	31,025
Annual conference				248,738	160,916
Regional meetings					26,980
Membership fees				276,865	196,276
Grants				20,000
WHC symposium	income			36,400	26,345
WHC other income				8,417	8,383
PPMC theory courses				203,886	200,608
Other incoming resources, inc. RCOG		meeting		48,238	23,240
Menopause cafe				33,660	20,485
Publication income				~7534	~10 091
				~917213	~704 349
Total incoming resources				962,502	721,816
EXPENDITURE
Charitable activities
BMSpublication costs				66,536	47,697
Annual conference	costs			109,124	16,614
Regional meetings				602	4,360
CBTmeeting				5,417	6,107
WHC symposium	expenses			2,557	2,574
WHC other costs					180
PPMC theory courses				33,568	26,100
Menopause Cafe				2,010	1,890
Books for resale				2 648	1 738
				222,462	107,260
Support costs
Management
Wages				209,375	162,375
Social security				14,383	11,099
Pensions				2,841	2,051
Rent				11,247	11,000
Carried forward				237,846	186,525

					B	r hMeno ause So	cle
				D	lied	tatement of F'	IA
				for	the	Year Ended31 tD	m er2022
								31.12.22	31.12.21
Management
Brought forward								237,846	186,525
Rates and water								773	839
Insurance								785	787
Light and heat								1,993	1,707
Telephone								3,521	3,178
Postage and stationery								16,172	12,960
Sundries								7,522	4,873
Accountancy								14,022	11,516
Legal fees									841
Office costs								4,587	2,912
Marketing consultancy								47,137	28,447
Website costs								25,948	25,050
Other marketing		costs						21,209	9,087
Storage charges								1,160	758
Travelling costs ITservices								1,744 ~4267	340 9061
								388,686	298,881
Finance
Bank charges Depreciation	of	tangible	fixed assets					12,283 ~1436	10,642 1 708
								13,719	12,350
Governance	costs
Trustees' expenses								1,286	121
Independent Examiner's			fees					2250	I 750
								~3536	1 871
Total resources	expended							~628 403	~420 362
Net income								~334099	~301 454