European Federation of Societies for Ultrasound in Medicine and Biology (EFSUMB) Registered UK Charity 1016118
Trustees’ Report March 2021
This report has been prepared by the EFSUMB Trustees registered with the Charity Commission according to the Statement of Recommended Practice requirements that all charities must follow:
• Objectives and activities
EFSUMB’s objectives are to:
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promote the science, the research and development of ultrasound in Medicine and Biology and to publish the results of research
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to propose standards and to give advice concerning criteria for optimum equipment and techniques and clinical applications
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to arrange congresses and study and development meetings on an international level both in and outside Europe by the member organisations, including organising, in co-operation with a local committee, a European or World Congress for ultrasound in Medicine and Biology (WFUMB)
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to represent the interests of its membership in WFUMB and in any other international organisation whose purposes are consistent with those of EFSUMB.
• Achievements and performance
Research activities
The last twelve months has seen the publication of the following EFSUMB papers:
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Guidelines and Good Clinical Practice Recommendations for Contrast Enhanced Ultrasound (CEUS) in the Liver Update 2020 WFUMB in cooperation with EFSUMB, AFSUMB, AIUM and FLAUS
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Dermatologic Ultrasound Position Statement 2020
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Gastrointestinal US in Intestinal Emergencies 2020
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Contrast-Enhanced Ultrasound-Adapted Bosniak Cyst Categorization 2020
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Update on the use of contrast enhanced ultrasound in children 2021
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The following papers are work in progress for publication in 2021
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Gastrointestinal US Functional Disorders Part 7
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Musculoskeletal (MSUS) Ultrasound two parts
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Point of Care Ultrasound (PoCUS) Guidelines in Chest and Lung
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Dynamic CEUS Ultrasound
Standards in US
Training Recommendations work in progress for publication in 2021
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Professional Standards in Ultrasound two parts
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Head and Neck Training Recommendations
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EFSUMB Safety Committee compiled information on safe performance of ultrasound scans and disinfection issues in context of COVID-19
Courses and Congresses
The EURSOSON 2020 congress planned for Bergen, Norway was cancelled along with a number of planned Schools in 2020 and 2021. One School proceeded as a hybrid meeting and EFSUMB recorded this for free access on the EFSUMB website. The EUROSON 2021 Timisoara, Romania meeting has been postponed to 2022. However, EFSUMB still organised some lectures online and the annual EFSUMB Young Investigator Session proceeded as an online competition.
Online Education
EFSUMB has adapted to the pandemic with all committee meetings held online and by offering more webinars. Some were directly related to COVID-19 lung ultrasound but others continue the tradition of Contrast Enhanced US webinars and promoting newly published guidelines such as Dermatologic and Gastrointestinal Ultrasound.
EFSUMB took advantage of the reduced external meeting activities to launch an upgraded and modernised website platform. The Student Committee contributed a Basic Ultrasound Atlas of Images for the site.
Cooperation with international organisations and Industry
The next EFSUMB congress will be held jointly with the WFUMB and the Romanian National Society congresses in 2022. The cooperation agreement with European Society of Radiology has been renewed and an EFSUMB MSUS session will be held at European Congress of Radiology this year.
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EFSUMB continues to cooperate sharing information on EFSUMB activities with Industry Partners through its elected representatives to encourage financial support of webinars, congresses and schools.
Impact of COVID19
The pandemic has disrupted the physical meetings and reduced EFSUMB’s income but this has been offset by replacing physical committee meetings to online meetings.
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EFSUMB’s annual congress EUROSON 2020 Bergen, Norway was cancelled and EUROSON 2021 Timisoara, Romania postponed to 2022. The knock effect was to require the date change of the planned EUROSON 2022 Riga Latvia to 2024
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Of the 13 planned Euroson Schools for 2020 only 3 were able to take place (one as a hybrid school offering online participation which was recorded and freely available on the EFSUMB website)
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All of the planned Endorsed courses were cancelled as physical meetings and a few offered online
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All Committee meetings have been held online thereby offsetting any reduction in income from external events and at the same time protecting all EFSUMB members with no contact. It is noticeable that the Committees have met more frequently and with greater number participation with online meetings
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The web administrator and General Secretary have continued working from home.
The EFSUMB website, despite the changes restricting some material in a members’ only section, saw increased visitor numbers. EFSUMB utilized and capitalized on this interest by offering more webinars and free access to the COVID19 website section with international links to safety information. The website restructuring was completed during the pandemic to provide a faster website platform.
The prospects for 2021 are uncertain. Some Schools and Courses have been rescheduled for later in the year but it is too early to tell if these will be able to proceed as normal or will need to be switched to hybrid or purely online meetings. An Industrial Board Meeting has taken place this year to encourage Industry to support more webinars in 2021 (10 planned to date) and future school recordings.
• Financial review
Following several years with an annual surplus income, EFSUMB in 2019 had a net loss of 65,317 GBP (71,960 €). This loss was the result of a fall of around 21,000 GBP in membership income as the Swiss Society left EFSUMB and the amended Constitution reduced the membership fees payable by DEGUM to 33% of the total membership. Membership at the end of 2020 totals 15,365 with the vast majority from the 30 National Socieites. EFSUMB has
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responded by inviting individual membership, continuing to promote Schools and Courses online for a small fee and selling individual chapters from the EFSUMB Course Book online. It is believed that EFSUMB can adjust to the reduced income by encouraging new National Societies and individual members to join and continuing to use the strategies imposed by the pandemic such as use of online meetings.
The direct expenditure relating to the Societies’ activities include the stable (virtual) office and website costs, followed by the 1.5 USD for each EFSUMB member paid to WFUMB. 2020 will see a significant reduction in costs for supporting EFSUMB Committee meetings and attendance at the EUROSON congress. All guidelines consensus meetings have taken place online and with electronic voting.
EFSUMB has invested income of approximately 150,000 GBP which is equivalent to three years administration costs. This reserve is maintained to ensure that the Federation can continue for a further three years using these funds to continue the work in progress and restructure to a new situation if required.
Plans for future period
Guidelines projects are proposed to extend the PoCUS project to other organs, Multiparametic Imaging of the Pancreas, Liver and Small Parts and updates of existing guidelines. Increased online material will be made available to members including school recordings, book chapters, safety statements and position papers. The EUROSON 2022 congress will see EFSUMB lectures and sessions in a physical or hybrid meeting.
• Structure, governance and management
European Federation of Societies for Ultrasound in Medicine and Biology (EFSUMB) is a Registered UK Charity number 1016118 with the Administrative Office PO Box 72718 London SW19 9HD. The registered Trustees, Prof Paul Sidhu, Prof Adrian Lim and Prof Camel Moran are based in the UK and have participated during this reporting period and within EFSUMB Committees and are cognisant with EFSUMB policy.
EFSUMB is governed by its Constitution which determines the structure of the Federation and is observed with elections held every two years which will be held electronically in 2021. Nominations are requested from all the member National Societies. In order to increase the country representation within EFSUMB Committees, members are co-opted from National Societies who have been unsuccessful in the election or who have skills that are required within the Committees.
The administrative decisions are taken by the Executive Bureau with five elected positions, President, President Elect, Past President, Honorary Secretary and Treasurer and two coopted members. Specialist committees exist for Education and Professional Standards,
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Publications, Safety and Student matters. Day to day administration is carried out by the Executive Secretary and a website Administrator accountable to the Executive Bureau in accordance with the Constitution. The remuneration of these workers is the remit of the Executive Bureau and is reviewed annually in the context of similar operating organisations.
• Reference and administrative details
The Trustees delegate the day-to-day administrative management of the charity to the General Secretary (at the time of writing this report) Mrs Lynne Rudd who has served in this capacity since 2009. Frequent meetings are held by the Executive Bureau to whom the General Secretary is accountable.
The General Secretary’s liaises with the accountant to produce the annual financial report. Mr Christian Cooray of Hartley Fowler LLP, Tuition House, 27/37 St George’s Road, Wimbledon SW19 4EU.
• Exemptions from disclosure
No exemptions from disclosure are claimed as there are no payments to Trustees or EFSUMB committee members except for necessarily incurred expenses which are reimbursed according to EFSUMB approved policy.
• Funds held as custodian trustee on behalf of others
EFSUMB is the custodian trustee for an endowment fund provided by the French Ultrasound Society for a French Society nominated Thérèse Planiol lecture to be held at a EUROSON Congress and is provided to cover travel and accommodation. The fund currently stands at 3011 GBP.
The annual CEUS School held in Munich, Germany receives the invoiced assistance of EFSUMB administration to raise sponsorship and reimburse speakers. A balance from the 2020 School of 34,463.60 euro is carried forward to 2021 and held by EFSUMB as a restricted fund for the course organisers Prof Dirk Clevert and Prof Hans-Peter Weskott.
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Report prepared on 30 April, 2021 by EFSUMB Trustees
Prof Paul Sidhu Prof Adrian Lim Prof Carmel Moran London, UK London, UK Edinburgh, UK Trustee and Past President Trustee and Publications Trustee and Safety Committee Chair Committee Member
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REGIsTD CXARIfY NUMBEIL. 1016118 IOR Thl YIAR INDID 31 DEC2MBER 2020 FOR ULTRASOUND IN MEDICINE Ala) BZOLOGY H•rlJey LLP 27-37 st Gege,$ Rcod mb*dc Lonth SW19 4EU
THE EUROPEAN FEDERATION OF EriEs FOR ULTRASOUND IN MEDICINE AND BIOLOGY CONTEiifs OFTHE FINANCIAL sfATEMEPllS FOR THE YEAR ENDED 311)ec£MBER 2020 I to 4 Balanc• Sh••t Nots•tolh• FlnMd•l *atam•rt• 8 to 14 15 to 16
THE EUROPEAN FEDERATION OF SOCIEfIES FOR ULTRASOUND IN MEDICINE AND BIOLOGY REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DMBER 2020 The Injstees orewt thelr rewrt flnvAKlal staternents of charlty f{ the eThled 31 [mber 2020. The trust have rted prnviskjrs of AccounUNJ and RetyJtsNJ ty Charths.. Statement d R0MM P appjkable to charities pwariTrJ thelr accounts In th2 nandal RewrtkYJ StsThJaTd awllGth In UK and RepuiAk of alKI IFRS 1021 lefferte l January 2019), OBJEcnvES At4D AcnvIfiES Objective5 and ain EFSUM8's oblethves are to.. . womote the sdeKe, researth aThl thvekpThrt of In Madne aTrJ and to publbth the rtsjlts of researth - to prr¥w jarts to gfve &lvte cor£emlThJ crlterta fc OFiOmum equIFfit and thnhI dknkal appltstlo - to arrnNJe o)wresses and sttJy and dment m2eUThJs on an Intematml vel tth In and Europe ty the Mtser organLsgU¢)ns, Induding organlslrvJ, In ctroreratic¥) wlth a Sxal ccmmlttee, a or Wcfd corrtjs lor In medne arnl (WFUMB) - to repsent Interests of In WFIJMB aryl In ary other Intemthl cfjanlsauon ¥¥lw purpgses a Canstert wlth Ij of EFSUMB. Publlc b•nofft The have wlth the (kty In sOn 17 of tr Charts kt 2011 to have due regard to pu beneft a)ath Conwnlssbn. ACHIEVEMENT AND PERFOR1cl The List 1ve mnths has seen the wblkal&)n of tl fc4thrwj EFSUMB paFets.' l. Gulde11$ aTha C<oJ ainlttA Prartti RecommeNlatlons lor c15t Enhwced Ultraswnd (u5) In the Uver Urlate 2020 WFUMB In CCQForatkn wlth EWMB, AFSUMB, AIUM and FLAUS 2. Crmatok)9lc uttras0d pOtknn Ststernent 2020 3. GarolntesVn)l US In In¢esOnal EmergeThJes 2020 4. contraSt.Enhared uSnd.knPted Bosn+ak LTrst CateJNlzadon 2020 5. Update cn the u 01traSt en3& ultragJJThJ h thlldren 2021 The fr1¢YAng paper5 we %wrk for ts11Ca In 2021 l. GJstrOjntsnO1 US FUtIonal (Isorder5 Part 7 2. Muscuthkelctsl IMSUSI Vltrè9xd parts 3. F)lrt of Care Uth9nd {PcaJS) Gulddlne5 In and 4. Ltynamk U5 Ultrd Stsndards In US Tralning RecomrreThJatbns Yrk li progTess fc¢ publkatkn kn 2021 l. Professk)nal In Ultraxwl pa 2. He and Neck TralnlrvJ R0mMenda00ns 3. EFSUMB Safety Ccffjmlitee lrfomUon on safe rerfcffi)ae of utraund Kars dL4rlèthn ls In Jrtext ofCOV1ts19 EuFLSoN 2020 ¢(JresS planned lff Bejgen. NrWaY was rAKeltoJ akng wth a nwnter cl an1 SclKKis In 2020 and 2021. the C%)I prwded as a hybrld n1 aThJ EFSUMB recdl for Ie acre5S EFSUMB webslte. The EUR09)N 2021 mrnlsjaro, Romanki rneetirrfj has teen [• to 2022. er, EFsu sfjll organlsed sm lere5 onlkne av¥J the ann1 EFSUMB Youwj Invegat Se5 pmce8Jed as an cfillne Compekntv, Onllne edu(lon EFSUMB has lapt to pa Thknlc wth all comnlttee Meet1 held c¥llne aTha by oifertryJ Weror& s) re di rekted to COV]L¥19 lung uJtrn9JuTrJ but others contlnue trad1b of Corast EnhaKed US webinars and sxorn0th rWty published guhlirEs SLKh as Demwtokngic and G)strdnWnal UltrnsoJTrJ. EFSUMB t(x)k ¥antsge of the reduced extemal athlbes b) Liuh an upgraded and webslte thmi. The Student Ccrfnmittee contributej a BaK ultragTrj Atlas Im)Jes fLY slte.
THE EUROPEAN FEDERAllON OF soaEfiES FOR ULTRASOUND IN MEDICINE AND BIOLOGY REPORT OFTHE TRUSTEES FOR THE YEAR ENDED 31 DECEMBai 2020 The t EFSUMB coTrJress wll te hebj lthty wth WFUMB ar¥J Romanran Naknl crmgre5ses In 2022. The wth Ewopean (lety of Wlokw ha5 been reneAEd and an EFSUMB M9JS ses4on vlll be at Ecan Congress rf thLs yeor. EFSUMB ccfiurwes to Crate InfrxThaVth on EF5u actmties lThlusty Prthers thr ts e¢tj represents$ io e1Cla]e finda1 SLWCrt of weblnarsi CL58¢$ aTrJ Impart ofCOVID19 parn1emlc has dlyupted ttE thstal meeUng5 and EF9JMB's Kome but INS hjs tren offset repL4dTrJ physkal comrnts r15 to onllrE rneetlros. . EFmB ann1 tryyress EUROSON 2020 Bergen, NoTh¥ay was tsnCd a1 EURO 2021 Thmi9)ara, Rn18 to 2022. The effett was to Ul the dats change oftt pkM8J EuRON 2022 RkJa L&vl3 to 2024 . Of the 13 planned Eur09)n Sd fcf 2020 onty 3 le ab to tske plxe {onE a5 a hythl thc4 offewlrwj cfikne pathpatbn was re¢(d aTrJ freely avalkt4e on the EFSUMB web51tel . AJI of rAann8J ETrJorsed ctyjrses ¥yere CarKeld os Fty51cal Trng$ aTrl a few offered Mlkne . Al Commttee rneetrn9s have teen hekl onl1 thebY off5ettln9 ony duCtkn In Inco frcm extemol events at the s)rne dme protectlThJ all EWMB ftr$ ¥Ath m ctmtact. It 15 tsIe trot the Comrnlttees have met more frequentty aTh1 wlth greater nvrter partklpauon onllne ffetlrrfJs . admlthtor and General See ccrttnued htrklr#J from The EFSUMB webs5te, despke ts ch)roes reJIttl sm materbl In a mernberl On sectlon, saw Increased vlsthr numtors. EFSUMB lIZed and c4Jtsllzed on InteSt by offerlThJ more weblnars and I acce5S to COVID19 webslte sectbn wtth Intematk)nal Ink5 to safety Infcfmakn. The web restnKbJrfr4J was cnFle1ed durkng the paTrJemk to Pde a fastsr weblte pbifomi. The prosre#5 for 2021 are Some Schwls Courses have teen resthe1 tr 13ter kn tr r Ls tc earfy to tell ff tse wlll te ab to pKKeed as Th)Tmal or 11 need to be witched to hybTkJ or pure onllne MtIng5. Industrfal Board Mee#N4 has tsken pl&e tNs year to erKouf4>Je [uStry to support mre nats In 2021 {10 tD datel arn1 lubjre sthod rncordlws. FINANcfAL REVIEW Flnanclal ijosttlon Fc4thNJ seveRI year5 wlih an annual swF4LLq Incm, EWMB In 2019 had a rt loss las restated) of Sl,584 GWJ 156,301 fl. loss was re5uYc d a f&1 of arynd 21,000 GBP In rnernberth Income a5 the gwL8s ety le EFSUMB arrded Con511tuUon rojucej the membershlp fee5 payable by DEGUM to 33% 01 the totsl membeTsIIp. Membershlp at end of 2020 trtals 15,365 wth vast malorlty from the 30 Natio knieltes. EFSUMB has spoThled ty IntIng IndIUal memkrthlpi corrtlnuing to promote sch1$ and Courses onllne for a srnall fee and selllrrfj IndMdLo1 chapters frryn EFSVMB Course Bcpjk onllne. It Is tlleved thot EWMB (an adjust to the redLKed Irthne by ermjraglrg rth NaVNal ¢leties and 1ndhidl members to in and ¢x)ndnulwJ tts Use Strategles ImpKEed ty the p¥em Sh as Le olmllne dIrt eKFendltwe rekitirrfj to the letie actfvlues IKlth8e th2 stable (rbjalI Of aThJ cc6ts, fdllxed 1.5 USD for each EFSUMB menr pald to WFUMB. 2020 11 see a sljnrflont reduthm In costs for gJPF¥)rtlr EFSUMB Comrnlttee meetiThJs aThJ at V EUROK)N e¢ngress. gulde11 consensus meeUThJs have taken Pla online and wlth ¥oW. EFSUMB has IrNe5ted Incorr Gl aFvoXImate 150,OthJ GBP ts]ulvalent to three aJthLstrath)n cots Th reserve ts malrtalwl to ersure that the FederatKm can continue for ) fithr tfvee years uslN4 ilw furnls to continue tl* WO In rryress and reStrtyre to a If requtred.
THE EUROPEAN FEDERATION OF SOCIEfIES FOR ULTRASOUND IN MEDICINE AND BIOLOGY REPORT OF The TRUSTees FOR THE YEAR ENDED 31 DECEMBER 2020 Gulddlnes projects a propc6ed to exnd Ps projett to c4h¥ orgar, MLd1iparatiC tnkiglr4J of the Parueas, U¥er Small Parts and updates of exisiing 9dkn. I1Se Onli material wlll k TThide avalhtle to nMberS indudlrg reL0rd16, boc& thapters, safety ststanents >wrS. The E1C60N 2022 cowss s EFSUMB and sessh)rts In a ptycal or hYid meebng. Governlng do¢ument The charfty Ls ccrtrdled ty fG g)veN¥rs a dJ d tru and consttiutes an unltKowaW thirty. OnItional struthm EFSUMB ts &b)Ven by ts CotUrn whlch deterrr& stULknre of the Ftskntkjn and ts obs wlth ek hekl every years wlkh wlll te hekd ectrontally in 2021. NomlnatScffjs requeeLI fmm all the Nauonal S)detles. In order to lTrJease the cwnty reon wlthln EFSUMB Commlttees, mernbers ¥e CCrOPted frorn NaU¢ml Sxleoes hwe uNiccessful In dectm or have skjlls are T8Julred Yjlthin the Crynrnlttee& l>•dthM makin9 The ?rntratsve dedslTh are taken ty the Exeathe Bumau wfth fve electsl tr, pSt, PfeskJErt Ele¢ Pa# Pre51kn¢ &¢Jetsry TreaSur and ts%r) Copj mernbu5. SpedalL5t committees exL¢ fcf Educath)n and Profes4wl StsTrJard8 Publtsuons, S31ety aTrJ Student mattets. Day to thy adnnL5traIS Ls canled by the Secretary aTrJ a te mInIStratOr acccwntsÈ4e to the ExKuilve Bureau In aranTr th the CNSU0n. Tne rem of these woters Is rernlt d the EXthe BLu aThY 15 tedkwal In the centext of s(mllar cperaVrwJ organlsath)Th REFeRENCE ANDADMINisfRATIVE DEfAILS Regist¢r Charfty numb•r 1016118 Prlnclpal ad(trw• P O Box 72718 Immwc SW19 9HD Trust• Prof Paul &Jhu L0Thjc, UK Truee aThJ pst presthnt Prof Llm Londcn. UK PmfcamI f•ffin Ed1ntrrgh, UK Truee aTrJ 5Jfety comrthttee rnber Ind•p•nd•rt Ex•mln•r maeY FOr LLP O*rtered Acojuntants 4th Fhjor Tuf(lon House 27-37 St Ge$ Rc4d SW19 4EU
THE EUROPEAN FEDERATION OF SOCIEfIES FOR ULTRASOUND EN MEDICINE AND BIOLOGY REPORT OF ThE TRusfEES FOR THEYEAR ENDED 31 DECEMBER 2020 FUNDS H&D AS cusfoDIAN FOR OTHERS EFWM8 15 oJodlon trustee for an en(hJrnt pn)VKknJ Fre Ultrnund gxlety for a Frenth &tlety nomlnated Thérè5e Hankl cj to be hebj & a EUROSCIN CongrÉqs aTrJ Is provlded to cover tsavel and actDmcthlJon. fund cny siaThls & 3011 GBP. The annua CEUS SdKK)I hdd In MLnkh, GernnY recets Itwolced asIStsn cl EFSUMB admlnlrntth to ralse swn50th1p arKI relmbjrse Speak5. A balarKe from tt 2020 &hYJl of 34,463.60 ojro 15 carrted to 2021 arxl hdd by EFSUMB as a resiricted fuThl for the COLxse or935. The tnjstees are reswtslble for pwparfng the Repcrft cl the frustees aThl the flrtanfJal statements In accordan appllcabk Unlted Tr3dOM Ac¢ounUrrfJ starKJas (Unlted KJngdom Generdlty Accepted ACCOtI Prattke) Irr@ Anwil Repordng Stsndard 102 'Tr FknaI Reporng StaThlard appllcaile In tr UK and Republt L irdaTrf law to tharIt In England and Wles, CharfUe5 Art 2011, thatlty (ACCrtS and Reprt) Reguladons 2¢)08 and the pr¢on$ of the trust deed requlres the trustees to prepa finaal staternents for each finala1 year ¥¥hkh glve a true and flr view of stste of affalTS of the th)riiy and of the Iorn1r0 rejUr and appllcatkm of res, Iud1j IYfie ex[1th, of the tharfty fcf that pertod. In partj those nnarfal statements, are requId to se Sutsb accryjntlng pdkle5 aTrJ Iln apply COnSten. obseNe the nthts and pr1ndpS In the Charfty SORP,. make ludgerrents aTrJ estlmates that a sOnable aTrJ prLRlent,' ppare t flnandal 5taiements on t g)Irq COnM basls unless * ts Injpwcwlate to prewrne tr diarfty wll ccfiYnuE In tAtslness. The tru#ees are oftb fcr keeplng proper a¢ctyJnUng rectrds whth dlxkn5e wth rta93nable acrurB¢y at any rre t flnanc4al Wtton of the tharfty and to enable them to ensure that the knndal ststements cornNy wlth the 0treS Act 2011, Charfty (Accounts and Repoits) Regulalong 2008 and Ihe FrovWons of the tnjst deed. They are a19) resP)rts1e for safeguardlrKJ the assets of the dwrtty aTrJ for trktNJ Tea9JnJtle steps for preverfjon and detectlon of fraud and other Irre9uL4rtes. by cKdErrfts kard cl trustees on 30 WII 2021 sb>ièJ cffl ts tehalf by.. PrdPS hu. Trustee
INDEPENDENT EXAMINER'S REpoi¥f TO THE TRUStEES OF THE EUROPEAN FEDERATION OF SoCI]Es FOR ULTRLSOUND IN MEDICINE AND BIOLOGY Indep•nd•nt examinevs Pt ts tht of The Europtan F¢d¢rntlon 01 SoLielle5 For ullro$0 In Medklne And Biology I x)rt to d)artty tnjstees on my exaMirWti accojnts of The Ewrwn Fojernlbjn (Y elIe5 For Ultra%MJnd In Medit And Bic4¢)3y (theTrust) for the yearerkd 31 t)&ernr 2020. Responslbllltles and basljof As ts chartty trustee5 of you are wns1 for the prepaOn thJnts In aCtLr[e wfth the requIrents arItSALt 2011 {'the Prt). I rerJt In res¥tt cl my examina1) c(the Trus¥s ac(wnts cam8J iyjt under 145 cl the Act arKI In carrylThJ crf my eYAmlnadon I have followed all ap[Kab rectths gfven Charlty Comnmsson Ulr 14515}Ibl of tt Independent •xamlnerfs siJtsm•nt I l¥ave my exwnlnaljon. I ccrfirm that Tr) nrfal rtte o)me to my In tneCi examlnaUcn gmrrfj me cause to tdeve that In any materlal respKt.' a¢(ntIng were It kept In reyct d the TrL& as requked by sedlc4) 130 of ts A4. Ihe xcounts th) nLt accord wth tfv)5e r[S,. or Cnts th• Trjt Cempty wlth t1 app1kab YequtrerrErts the fcffm cortert ol 3cttyJnts set In the C1¥3rit4es (Aco)unts and Repts) Rejulatth 200B other than any wuIremt tst the xcounts gfve trL ONI falr vlew whlch Is rK a matter cw4dered as Fert of an Indep&ert examinalcfj. I have nts 0)emS aTrJ come OSS Th) skn matters In ccnnethc tl examInJ¥ to wlth attertbjn i drawn In thb rw In orderto eTr3tle a prcyr uTrJerstsndlng c(the acwunts to be reach&J. Jonathan Ask Harw Fowler ¢JarteraJ AccounLalts 4th Fh))rTuit+)n Hc 27-37 st Gee'S Wlmbledjn SW19 4EU 30 4Jrll 2021
THE EUROPEAN FEDERATION OF SOCIEfIES FOR ULTRASOUND IN MEDICINE AND BIOLOGY srATEMENT OF FINANCIAL AcrivrrIES FOR THE YEAR ENDED 31 DECEMBBi 2020 20 Totsl fuTrls 2019 Totsl fijnds fuTh fij INCOME AND EMDOWMENTS FROM t%JnaucLqd lega*s 93J69 93 98,824 IM36 Im6 (Xr trndlrKJ artwes 8,901 8,901 1,783 53,967 1,752 T¢thl 105,089 105,089 154,615 EXPENDrruRE <JN 61,438 61,438 207,295 Net galr6 on Investsnents 817 817 1,(146 14Ef INCOMVIEXPENDrruRE) 44,468 (51.584) Total fvndl Iwought forymrd As PrS reportej 385,259 13,733 3,011 io 388,270 13,733 453,587 391992 3,011 402,003 4S3.587 443,460 3.011 446,471 402.003
THE EUROPEAN FEDERATION OF SOCIEfiES FOR ULTRASOUND IN MEDICINE AND BIOLOGY BALANCE SHEEr 31 DECEMBER 2020 2020 Totsl funds 2019 Totsl funds as restated fund fund Tarvjltle assets 6YJ 70,K37 l2 71,654 71,6Y 72,144 72,144 71,490 Debtors Cath at bank 13 418,642 3,011 421,653 382,820 424,688 3,011 427,699 386,864 falllw yejr 14 (53,3721 153,3n) {56,3SI) 371,316 3,011 374,327 330,513 3,460 3,011 446,471 4011)J3 43,460 3,011 46,471 FUNDS Ufftstri¢trd fuTrJs 15 443,460 3PII 398.992 3,011 TOTAL FUNDS 446,471 402,(M)3 I Statne1 w¥e apprwj ty the Board of Tnstees and for 1s9Je 30 Aprfl 2021 and were on Its behalf ty.. CLulk Shlhu. TNst The fom part cl the$eflnè&al #atements
THE EUROPEAN FEDERATION OF SOCIEfIES FOR ULTRASOUND IN MEDICINE AND BIOLOGY NiJfES TO THE FINANCIAL STATEMENTS FOR TrIE YEAR ENDED 31 DEMBER 2020 BBSIS of pveparfng the Ilnandol gtatefflents The finandal siatements of the drfty, whth Ls a publk kenefit enuty under FRS 102. Iwve been prepared In oydarKe wlth the Chathes )Rp IFRS 102) 'Acwnthg and ReThJ CrIbe$'. statnt rf Recorm)en(kd pract appllcaue to charftle5 preparfrvj thelr wiunts in aCan wlth the Flnanckil Rewfjng staThlanl applkable In UK aTrJ Repthlt of Ireland IFRS 102) leffectre l Janry 20191,, FlnaThJal Rewfjng rard 102 Tr Flnandal Rewrtfw Stsndard applICab In the UK and Republic of Tland. and the Charities £t 2011. The flr¥3nd31 ststertRnts have been wepared uTrJer the hLstorfcal cfjst conventk)n, wlth excepuon of Investments are Iuded at rnaet value, a5 TrKKlffied by the revaluatk) of certaln ass The presentstion clrKY of the flnaal #atnts Is the Sterllng {£). mcetsry In the lknand ststements are to rEarest (E). The tn&ees consthr ttwt are rffj rnaterlal uertaIr[es the tharfvs ablty to cOrtIn as a gdrvj ConM. In futu years, the key rrsks to ts dwrfty are a fall In Income. The tnjstees have a of mea9Jre5 to control, mwte nlnlm15e the effects of a fall In Income, IUdIr1 a KNU reserves Fln•ncial Iwljng gtandard 102- rnduced dlsdojurt wA•mptlons The tharfty ha5 tskw advantage of t fdth(rrtJ dlthsure eXempS In prepartrKJ flnal 513tements, 5 Femltted ty FRS 102 The finarvjal Rep)rttng StrThJail appllcabfe In the UK and Rewllt d ireland., the reqUts 7 Ststemert of Cath PO%, Al Inc(ffte Is recognlsed In tre S¢atsmert Lrf Frnidal Acdvltles 0e tharfty has ertlyement to the * 15 cèabk that the Inco wll te rttdved and ts arnwnt can be mea9Jr&l lIab. Expwditurn bileS are recoJnld as expendlture as stsjn as there Is a tegal or construcdve obJWUon commlthrg tl tharfty to that e¥penditure, 1$ probab that o bansfer of ecorKJmlc lnefits wlll requlred In 5eWemenl aTrJ the amount of obllgaOon Can be nwsured relFabty. E¥peTrJlture Is accounted for on on accruals tsa5 and has teen das51fled uNter headlngs that aggregate all cost related to categ¢xy. Where costs canrK)t te dlred attdbuted to parttukir headlngs they Iwe teen allxated to aclvths on a bays Conent use of Thwibl• fix•d a••¢l¥ Depredatkin Is prov1 at the fhyrI4 annual rates In order to V•)Ite crff eh asset over usdul Ctynputer equlpn 2S% cn bDkiKe Usted InvesknEnts a Initialty recognls&J at wte aThJ 9Jbsequenty rnered at falr vah wlth rthn to value. &)th reaw rnj unrealised g3ts are tn stateTrMt cl fincIal ath Forelfft currni<aEs Assets and Ilabilitses rn fOn aJrrerKs are tranated Into sterllng at the rates cf exthaThJe rullrvJ at the baLan ¥*et date. Transacu0 In forelgn currendes a IransLited Into stertlng at the Trte of exchawe rullryj at date of transacdon. ExchaThJe dIfferte5 we in egpenditure on cN?ritab athldes In charlty Is exenw frcm tax cfi Rs tharft3b Unre&ricted furn15 can te in thrftabk obiectNts at tlE dgTrbon cl the buste
THE EUROPEAN FEDERAfAoN OF SOCIEfIES FOR ULTRASOU14D IN MEDICINE AND BIOLOGY NOTES TO THE FINANCIAL STATEMeNTS- continuod FOR THE YEAR EM)ED 31 DECEMBER 2020 PR[kted funts can be for pathlèr StLe purFoses wlthin the Obts ol ts ch. Restrtt SFecifl&J by the dc¥)or LY kn fuThts are ratsed Pajr rertrittbj pwpc Further exFl3rb)tJn of naiwe and pur d eèth fuTrJ Is Itthd In the rn)tes to fir4indal ststements. Hn•nrJDI lrtruments The onty has flnaal instsUnnts of a rtd that quallfy as bast f1mal 1nstMTrs. Bast flwdal InStrU1S are Inityally rKc4Jnls&J at trdnsgthon value and &S8]uen measur&1 at thelr setUerrErt val. CB•h at bnnk Cash at bank IldeS bank short tem hlghty Ilquld Investments wth a slKSrt rnabjrw of three n¥x)ths or ss from the date of or of the dep05 cf 4mllar a¢rnt. Trade and ots are recognlsed at the settkmenl arnnt d, Prekwmwts are reco3Se at the Invold cc& prepald. Cr•dttorn Cred1ty5 are rsed when tharfty has a present Srj from a past e¥t that probabty regjts In trdr of funts to a thlrd paty arnl ihe annt due to sett 01k)n on te meagjred or mated rdklAy. Crnlthrs are ncfmalty rec(yJnlsed at the settlerr£nt arnot, DONATIONS AMD LEGt$ 2020 2019 93,369 9B024 OTHER TRADING ACTivmES 2020 2019 son 9thods, c4Mgresses sknlLir CEUS Incorr 5,855 8,371 4S,596 8,901 53,967 INVMir INCOME 2020 2019 as re&ated Irv4esth*nt IrOrne Deposlt acCCnt Interest 1,713 153 1,752
THE EUROPEAN FEDERATION OF SOCIETIES FOR ULTRASOUND IN MEDICINE AND BIOLOGY NOTES TO THE FINANCIAL sfATEMENTS- o)ntinwl FOR THe YEAR ENDEO 31 DELTMBER 2020 SupFQrt costs {5ee r¥)te 6) DI Totsls Gerrdl 7450 {13,212) 61,438 Goveman FlnarKe Totsl$ Gereral aLttvS (15,829) 2,617 (13,212) Inded In GLwemm costs are fees {IndudlvJ irrecoverable VAT) to lTrJeFendent exaNther of £1,020 the InderRndenl examln3Uon and £960 for Jccouniarty seNte& 2019 hKfuts £2,451 payat4e to the Pre$ IndeFendentexamlner whkh IrKlude5 attountarLy and payroll setvkes. ccvas, the akne, ère folbws: FIMnc• 2019 General actlv6tses Total vlues Ba thoffjes Lossl(galnl on exthaTrJe 817 19,318 (16a27) (15,829) 20,135 There hyere no Injstees, raixinethn clher ter for year end&J 311)ecemtw 2020 w for year en(kd 31 December 2019. The trustees were 1d1r*sed a trtsl of £201 (2019. £124) ftrexpw on behlrdtr chty. The avernge nthter demph>ees dur1 the year as fdl)ws: 2020 2019 SuFWt siaff ) erry)hws In excess of £,Co).
THE EUROPEAN FEDERATION OF SOClEfIES FOR ULTRASOUND IN MEDICINE AND BIOLOGY NOTES TO THE FINANCIAL ATEMENTs- contlnued FOR THE YEAR ENDED 31 DECEMBER 2020 COMPARAllVES FOR THE sfATEMENT OF FINAf4CIAL ACTIVTr Totsl fijnds as rteJ fvnd fuTrJ INCOME AfKI ENDOWMEritS FROM t)nations aTrJ leg 98,824 GerTrI adjeS 72 Clv tr•Jing athties 53,967 1,752 S3,967 1,752 Totsl 154.615 154,615 EXPENDrnIRE ON arttable actlvltl•B GeTrI activ15 207,295 207,295 Net galns on IrNethents 1.096 NEr ItlCOMEI(EXPENDrnIRE) {51,584) (51,5841 Tatsl fundB bwought ft4nvanl 450,576 3,011 453,587 398,992 3,011 402,3 10. PRIOR YEAR ADJUSTMRrir CompaRVve fkJure5 have t1 9) as to m¢%e the flxed asset Insttherts that hre knd Wknln ca at nk. The w eThl valujucn clfixed asset Invethnts h9s al¢ ien axrected. Fl1 asset Inveknts have teen stated frorn £57,104 to £70,837 as at 31 Derner 2019 and Ihe c(rfntkirnUve gal(5) on In¥eth has be from {£12,637) to £1,096 kn thE Staternert of flnandal ¥Uvttf&. TLal fund5 ovTd fcThgrd as * 31 Derrer 2019 lfore Increa ty £13,733, from £388,270 to £402,LIJ3.
THE EUROPEAN FEDERATION OF SOCIEfiES FOR ULTRASOUND IN MEDIaNE AND BIOLOGY PIIJTES TO THE FINANCIAL STATeMewrs- contlnued FOR THE YEAR ENDED 31 DECEMBER 2020 ii. Computer U1]ent At l January 2020 and 31 crnber 2020 24,230 At l January 2020 Charge ts year 23,577 163 At 31 Decemtw 2020 23,740 MEr eooK VAWE At 31 DecemÈv 2020 At 31 Cernbw 2019 653 11 FIXED ASSEf INVESTMENTS Inv8Stments MARKEf VALUE At l january 2020 70037 817 At 31 Cecember 2020 71,6S4 NEf BOOK VALUE At 31 Oecemtéy 2020 71,654 At 31 Eecernbw 2019 70,837 I In¥thts are l*hJ In M&G Ctorljes Flwj Intu& Furxl. 2020 2019 Trade deths Other debtor5 3M5 1,753 -12-
THE EUROPEAN FEDERATION OF SOCIEfIES FOR ULTRASOUND IN MEDICINE AND BIOLOGY HrE5 TO THE FINANCIAL STATEMeNTS- conunued FOR THE YEAR ENDED 31 DEcBER 2020 aiEDifoR&' AMOUPllS FALUNG DUE VIrnIIN ONE YEAR 2020 2019 0r ¢JedIt5 ouals and dthed IrKcffle 29,Hl 26,910 24P)3 53?72 %351 Funds held Js •g•ts Ilu(d In thr uedltrys 15 É28,569 to hekl as èJent& The annual 5 001 W In MUCh, Gemwy rece the InVoEj of EFgJMB minlBkn to raise aTrJ lMj1 speaket5. The ba13rKe carri8J lowrd to 20216 hdd by. EFSUMB as a fuTrJ the cowse organLsers.. The movem kn kn(ts hebj a5 agents ¢JriTrJ the year wtte as fclltrws: e 2020 26,799 23,706 {18,895) £ 2020 22,756 21,017 116,7821 1,578 BakrKe brWI fThard Expernliture Year eTrJ foretgn oJrerKY trar&atbn 31,610 28,569 I& MOVEMENT IN FUMDS movemw In funds At 111120 adjustment 31112120 GenetBI fuTrJ 385,259 13,733 44,468 443,460 Therese Hacl Furyj 3,011 3MII 3,270 13,733 44,468 446,471 tt nvy•V(*rt In lunts, ITrjud In ts abrNe are as folws: IncomlTrJ RJrCeS Galns and Movunent in funds (knrnl fu 105,069 {61,438) 817 TOTAL FUNDS 105,089 161,438) 817 -1>
THE EUROPEAN FEDERATION OF SOCIEfIES FOR ULTRASOUND IN MEDlaNE AND BIOLOGY NOTES TO THE FINANCIAL sfATEMENTS. contlnued FOR THE YEAR ENDED 31 DECEMBER 2020 MOVEMENT IN FUNDS- eantlnued Comparntl%*sfor mD¥¢mtht In fvndB Net movement In fuThJs At 31112119 At 111119 GerERI fvTr 450,576 (Si,584) 398.992 Therese PL74 FuTrl 3.OLI 3,011 TOTAL FUNDS 453,587 (SiA84) 402,C¥)3 Cryarthe rt mmMt In IndLKbJ In fv above as fc4M: Incomlng Resc4Jr resr exFend Galns a1 losses Movemert In funds UnrnstllL fvn Gethrnl fund 154,615 (207,295) 151,584) 154,615 (207,295) 1,096 (51,584) The Thértse Ffank4 Ls provlded by the FMch 5)cty fcf a Fre Wety nnInated PhNol rectut0 be ld at a EUROSThN Congress Jnd ts to travel ard accommcthvon CO#& re relatyj rtY tsarnactk)ns for the year &wJed 31 cernber 2020. -14-
REGIsTD CXARIfY NUMBEIL. 1016118 IOR Thl YIAR INDID 31 DEC2MBER 2020 FOR ULTRASOUND IN MEDICINE Ala) BZOLOGY H•rlJey LLP 27-37 st Gege,$ Rcod mb*dc Lonth SW19 4EU
THE EUROPEAN FEDERATION OF EriEs FOR ULTRASOUND IN MEDICINE AND BIOLOGY CONTEiifs OFTHE FINANCIAL sfATEMEPllS FOR THE YEAR ENDED 311)ec£MBER 2020 I to 4 Balanc• Sh••t Nots•tolh• FlnMd•l *atam•rt• 8 to 14 15 to 16
THE EUROPEAN FEDERATION OF SOCIEfIES FOR ULTRASOUND IN MEDICINE AND BIOLOGY REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DMBER 2020 The Injstees orewt thelr rewrt flnvAKlal staternents of charlty f{ the eThled 31 [mber 2020. The trust have rted prnviskjrs of AccounUNJ and RetyJtsNJ ty Charths.. Statement d R0MM P appjkable to charities pwariTrJ thelr accounts In th2 nandal RewrtkYJ StsThJaTd awllGth In UK and RepuiAk of alKI IFRS 1021 lefferte l January 2019), OBJEcnvES At4D AcnvIfiES Objective5 and ain EFSUM8's oblethves are to.. . womote the sdeKe, researth aThl thvekpThrt of In Madne aTrJ and to publbth the rtsjlts of researth - to prr¥w jarts to gfve &lvte cor£emlThJ crlterta fc OFiOmum equIFfit and thnhI dknkal appltstlo - to arrnNJe o)wresses and sttJy and dment m2eUThJs on an Intematml vel tth In and Europe ty the Mtser organLsgU¢)ns, Induding organlslrvJ, In ctroreratic¥) wlth a Sxal ccmmlttee, a or Wcfd corrtjs lor In medne arnl (WFUMB) - to repsent Interests of In WFIJMB aryl In ary other Intemthl cfjanlsauon ¥¥lw purpgses a Canstert wlth Ij of EFSUMB. Publlc b•nofft The have wlth the (kty In sOn 17 of tr Charts kt 2011 to have due regard to pu beneft a)ath Conwnlssbn. ACHIEVEMENT AND PERFOR1cl The List 1ve mnths has seen the wblkal&)n of tl fc4thrwj EFSUMB paFets.' l. Gulde11$ aTha C<oJ ainlttA Prartti RecommeNlatlons lor c15t Enhwced Ultraswnd (u5) In the Uver Urlate 2020 WFUMB In CCQForatkn wlth EWMB, AFSUMB, AIUM and FLAUS 2. Crmatok)9lc uttras0d pOtknn Ststernent 2020 3. GarolntesVn)l US In In¢esOnal EmergeThJes 2020 4. contraSt.Enhared uSnd.knPted Bosn+ak LTrst CateJNlzadon 2020 5. Update cn the u 01traSt en3& ultragJJThJ h thlldren 2021 The fr1¢YAng paper5 we %wrk for ts11Ca In 2021 l. GJstrOjntsnO1 US FUtIonal (Isorder5 Part 7 2. Muscuthkelctsl IMSUSI Vltrè9xd parts 3. F)lrt of Care Uth9nd {PcaJS) Gulddlne5 In and 4. Ltynamk U5 Ultrd Stsndards In US Tralning RecomrreThJatbns Yrk li progTess fc¢ publkatkn kn 2021 l. Professk)nal In Ultraxwl pa 2. He and Neck TralnlrvJ R0mMenda00ns 3. EFSUMB Safety Ccffjmlitee lrfomUon on safe rerfcffi)ae of utraund Kars dL4rlèthn ls In Jrtext ofCOV1ts19 EuFLSoN 2020 ¢(JresS planned lff Bejgen. NrWaY was rAKeltoJ akng wth a nwnter cl an1 SclKKis In 2020 and 2021. the C%)I prwded as a hybrld n1 aThJ EFSUMB recdl for Ie acre5S EFSUMB webslte. The EUR09)N 2021 mrnlsjaro, Romanki rneetirrfj has teen [• to 2022. er, EFsu sfjll organlsed sm lere5 onlkne av¥J the ann1 EFSUMB Youwj Invegat Se5 pmce8Jed as an cfillne Compekntv, Onllne edu(lon EFSUMB has lapt to pa Thknlc wth all comnlttee Meet1 held c¥llne aTha by oifertryJ Weror& s) re di rekted to COV]L¥19 lung uJtrn9JuTrJ but others contlnue trad1b of Corast EnhaKed US webinars and sxorn0th rWty published guhlirEs SLKh as Demwtokngic and G)strdnWnal UltrnsoJTrJ. EFSUMB t(x)k ¥antsge of the reduced extemal athlbes b) Liuh an upgraded and webslte thmi. The Student Ccrfnmittee contributej a BaK ultragTrj Atlas Im)Jes fLY slte.
THE EUROPEAN FEDERAllON OF soaEfiES FOR ULTRASOUND IN MEDICINE AND BIOLOGY REPORT OFTHE TRUSTEES FOR THE YEAR ENDED 31 DECEMBai 2020 The t EFSUMB coTrJress wll te hebj lthty wth WFUMB ar¥J Romanran Naknl crmgre5ses In 2022. The wth Ewopean (lety of Wlokw ha5 been reneAEd and an EFSUMB M9JS ses4on vlll be at Ecan Congress rf thLs yeor. EFSUMB ccfiurwes to Crate InfrxThaVth on EF5u actmties lThlusty Prthers thr ts e¢tj represents$ io e1Cla]e finda1 SLWCrt of weblnarsi CL58¢$ aTrJ Impart ofCOVID19 parn1emlc has dlyupted ttE thstal meeUng5 and EF9JMB's Kome but INS hjs tren offset repL4dTrJ physkal comrnts r15 to onllrE rneetlros. . EFmB ann1 tryyress EUROSON 2020 Bergen, NoTh¥ay was tsnCd a1 EURO 2021 Thmi9)ara, Rn18 to 2022. The effett was to Ul the dats change oftt pkM8J EuRON 2022 RkJa L&vl3 to 2024 . Of the 13 planned Eur09)n Sd fcf 2020 onty 3 le ab to tske plxe {onE a5 a hythl thc4 offewlrwj cfikne pathpatbn was re¢(d aTrJ freely avalkt4e on the EFSUMB web51tel . AJI of rAann8J ETrJorsed ctyjrses ¥yere CarKeld os Fty51cal Trng$ aTrl a few offered Mlkne . Al Commttee rneetrn9s have teen hekl onl1 thebY off5ettln9 ony duCtkn In Inco frcm extemol events at the s)rne dme protectlThJ all EWMB ftr$ ¥Ath m ctmtact. It 15 tsIe trot the Comrnlttees have met more frequentty aTh1 wlth greater nvrter partklpauon onllne ffetlrrfJs . admlthtor and General See ccrttnued htrklr#J from The EFSUMB webs5te, despke ts ch)roes reJIttl sm materbl In a mernberl On sectlon, saw Increased vlsthr numtors. EFSUMB lIZed and c4Jtsllzed on InteSt by offerlThJ more weblnars and I acce5S to COVID19 webslte sectbn wtth Intematk)nal Ink5 to safety Infcfmakn. The web restnKbJrfr4J was cnFle1ed durkng the paTrJemk to Pde a fastsr weblte pbifomi. The prosre#5 for 2021 are Some Schwls Courses have teen resthe1 tr 13ter kn tr r Ls tc earfy to tell ff tse wlll te ab to pKKeed as Th)Tmal or 11 need to be witched to hybTkJ or pure onllne MtIng5. Industrfal Board Mee#N4 has tsken pl&e tNs year to erKouf4>Je [uStry to support mre nats In 2021 {10 tD datel arn1 lubjre sthod rncordlws. FINANcfAL REVIEW Flnanclal ijosttlon Fc4thNJ seveRI year5 wlih an annual swF4LLq Incm, EWMB In 2019 had a rt loss las restated) of Sl,584 GWJ 156,301 fl. loss was re5uYc d a f&1 of arynd 21,000 GBP In rnernberth Income a5 the gwL8s ety le EFSUMB arrded Con511tuUon rojucej the membershlp fee5 payable by DEGUM to 33% 01 the totsl membeTsIIp. Membershlp at end of 2020 trtals 15,365 wth vast malorlty from the 30 Natio knieltes. EFSUMB has spoThled ty IntIng IndIUal memkrthlpi corrtlnuing to promote sch1$ and Courses onllne for a srnall fee and selllrrfj IndMdLo1 chapters frryn EFSVMB Course Bcpjk onllne. It Is tlleved thot EWMB (an adjust to the redLKed Irthne by ermjraglrg rth NaVNal ¢leties and 1ndhidl members to in and ¢x)ndnulwJ tts Use Strategles ImpKEed ty the p¥em Sh as Le olmllne dIrt eKFendltwe rekitirrfj to the letie actfvlues IKlth8e th2 stable (rbjalI Of aThJ cc6ts, fdllxed 1.5 USD for each EFSUMB menr pald to WFUMB. 2020 11 see a sljnrflont reduthm In costs for gJPF¥)rtlr EFSUMB Comrnlttee meetiThJs aThJ at V EUROK)N e¢ngress. gulde11 consensus meeUThJs have taken Pla online and wlth ¥oW. EFSUMB has IrNe5ted Incorr Gl aFvoXImate 150,OthJ GBP ts]ulvalent to three aJthLstrath)n cots Th reserve ts malrtalwl to ersure that the FederatKm can continue for ) fithr tfvee years uslN4 ilw furnls to continue tl* WO In rryress and reStrtyre to a If requtred.
THE EUROPEAN FEDERATION OF SOCIEfIES FOR ULTRASOUND IN MEDICINE AND BIOLOGY REPORT OF The TRUSTees FOR THE YEAR ENDED 31 DECEMBER 2020 Gulddlnes projects a propc6ed to exnd Ps projett to c4h¥ orgar, MLd1iparatiC tnkiglr4J of the Parueas, U¥er Small Parts and updates of exisiing 9dkn. I1Se Onli material wlll k TThide avalhtle to nMberS indudlrg reL0rd16, boc& thapters, safety ststanents >wrS. The E1C60N 2022 cowss s EFSUMB and sessh)rts In a ptycal or hYid meebng. Governlng do¢ument The charfty Ls ccrtrdled ty fG g)veN¥rs a dJ d tru and consttiutes an unltKowaW thirty. OnItional struthm EFSUMB ts &b)Ven by ts CotUrn whlch deterrr& stULknre of the Ftskntkjn and ts obs wlth ek hekl every years wlkh wlll te hekd ectrontally in 2021. NomlnatScffjs requeeLI fmm all the Nauonal S)detles. In order to lTrJease the cwnty reon wlthln EFSUMB Commlttees, mernbers ¥e CCrOPted frorn NaU¢ml Sxleoes hwe uNiccessful In dectm or have skjlls are T8Julred Yjlthin the Crynrnlttee& l>•dthM makin9 The ?rntratsve dedslTh are taken ty the Exeathe Bumau wfth fve electsl tr, pSt, PfeskJErt Ele¢ Pa# Pre51kn¢ &¢Jetsry TreaSur and ts%r) Copj mernbu5. SpedalL5t committees exL¢ fcf Educath)n and Profes4wl StsTrJard8 Publtsuons, S31ety aTrJ Student mattets. Day to thy adnnL5traIS Ls canled by the Secretary aTrJ a te mInIStratOr acccwntsÈ4e to the ExKuilve Bureau In aranTr th the CNSU0n. Tne rem of these woters Is rernlt d the EXthe BLu aThY 15 tedkwal In the centext of s(mllar cperaVrwJ organlsath)Th REFeRENCE ANDADMINisfRATIVE DEfAILS Regist¢r Charfty numb•r 1016118 Prlnclpal ad(trw• P O Box 72718 Immwc SW19 9HD Trust• Prof Paul &Jhu L0Thjc, UK Truee aThJ pst presthnt Prof Llm Londcn. UK PmfcamI f•ffin Ed1ntrrgh, UK Truee aTrJ 5Jfety comrthttee rnber Ind•p•nd•rt Ex•mln•r maeY FOr LLP O*rtered Acojuntants 4th Fhjor Tuf(lon House 27-37 St Ge$ Rc4d SW19 4EU
THE EUROPEAN FEDERATION OF SOCIEfIES FOR ULTRASOUND EN MEDICINE AND BIOLOGY REPORT OF ThE TRusfEES FOR THEYEAR ENDED 31 DECEMBER 2020 FUNDS H&D AS cusfoDIAN FOR OTHERS EFWM8 15 oJodlon trustee for an en(hJrnt pn)VKknJ Fre Ultrnund gxlety for a Frenth &tlety nomlnated Thérè5e Hankl cj to be hebj & a EUROSCIN CongrÉqs aTrJ Is provlded to cover tsavel and actDmcthlJon. fund cny siaThls & 3011 GBP. The annua CEUS SdKK)I hdd In MLnkh, GernnY recets Itwolced asIStsn cl EFSUMB admlnlrntth to ralse swn50th1p arKI relmbjrse Speak5. A balarKe from tt 2020 &hYJl of 34,463.60 ojro 15 carrted to 2021 arxl hdd by EFSUMB as a resiricted fuThl for the COLxse or935. The tnjstees are reswtslble for pwparfng the Repcrft cl the frustees aThl the flrtanfJal statements In accordan appllcabk Unlted Tr3dOM Ac¢ounUrrfJ starKJas (Unlted KJngdom Generdlty Accepted ACCOtI Prattke) Irr@ Anwil Repordng Stsndard 102 'Tr FknaI Reporng StaThlard appllcaile In tr UK and Republt L irdaTrf law to tharIt In England and Wles, CharfUe5 Art 2011, thatlty (ACCrtS and Reprt) Reguladons 2¢)08 and the pr¢on$ of the trust deed requlres the trustees to prepa finaal staternents for each finala1 year ¥¥hkh glve a true and flr view of stste of affalTS of the th)riiy and of the Iorn1r0 rejUr and appllcatkm of res, Iud1j IYfie ex[1th, of the tharfty fcf that pertod. In partj those nnarfal statements, are requId to se Sutsb accryjntlng pdkle5 aTrJ Iln apply COnSten. obseNe the nthts and pr1ndpS In the Charfty SORP,. make ludgerrents aTrJ estlmates that a sOnable aTrJ prLRlent,' ppare t flnandal 5taiements on t g)Irq COnM basls unless * ts Injpwcwlate to prewrne tr diarfty wll ccfiYnuE In tAtslness. The tru#ees are oftb fcr keeplng proper a¢ctyJnUng rectrds whth dlxkn5e wth rta93nable acrurB¢y at any rre t flnanc4al Wtton of the tharfty and to enable them to ensure that the knndal ststements cornNy wlth the 0treS Act 2011, Charfty (Accounts and Repoits) Regulalong 2008 and Ihe FrovWons of the tnjst deed. They are a19) resP)rts1e for safeguardlrKJ the assets of the dwrtty aTrJ for trktNJ Tea9JnJtle steps for preverfjon and detectlon of fraud and other Irre9uL4rtes. by cKdErrfts kard cl trustees on 30 WII 2021 sb>ièJ cffl ts tehalf by.. PrdPS hu. Trustee
INDEPENDENT EXAMINER'S REpoi¥f TO THE TRUStEES OF THE EUROPEAN FEDERATION OF SoCI]Es FOR ULTRLSOUND IN MEDICINE AND BIOLOGY Indep•nd•nt examinevs Pt ts tht of The Europtan F¢d¢rntlon 01 SoLielle5 For ullro$0 In Medklne And Biology I x)rt to d)artty tnjstees on my exaMirWti accojnts of The Ewrwn Fojernlbjn (Y elIe5 For Ultra%MJnd In Medit And Bic4¢)3y (theTrust) for the yearerkd 31 t)&ernr 2020. Responslbllltles and basljof As ts chartty trustee5 of you are wns1 for the prepaOn thJnts In aCtLr[e wfth the requIrents arItSALt 2011 {'the Prt). I rerJt In res¥tt cl my examina1) c(the Trus¥s ac(wnts cam8J iyjt under 145 cl the Act arKI In carrylThJ crf my eYAmlnadon I have followed all ap[Kab rectths gfven Charlty Comnmsson Ulr 14515}Ibl of tt Independent •xamlnerfs siJtsm•nt I l¥ave my exwnlnaljon. I ccrfirm that Tr) nrfal rtte o)me to my In tneCi examlnaUcn gmrrfj me cause to tdeve that In any materlal respKt.' a¢(ntIng were It kept In reyct d the TrL& as requked by sedlc4) 130 of ts A4. Ihe xcounts th) nLt accord wth tfv)5e r[S,. or Cnts th• Trjt Cempty wlth t1 app1kab YequtrerrErts the fcffm cortert ol 3cttyJnts set In the C1¥3rit4es (Aco)unts and Repts) Rejulatth 200B other than any wuIremt tst the xcounts gfve trL ONI falr vlew whlch Is rK a matter cw4dered as Fert of an Indep&ert examinalcfj. I have nts 0)emS aTrJ come OSS Th) skn matters In ccnnethc tl examInJ¥ to wlth attertbjn i drawn In thb rw In orderto eTr3tle a prcyr uTrJerstsndlng c(the acwunts to be reach&J. Jonathan Ask Harw Fowler ¢JarteraJ AccounLalts 4th Fh))rTuit+)n Hc 27-37 st Gee'S Wlmbledjn SW19 4EU 30 4Jrll 2021
THE EUROPEAN FEDERATION OF SOCIEfIES FOR ULTRASOUND IN MEDICINE AND BIOLOGY srATEMENT OF FINANCIAL AcrivrrIES FOR THE YEAR ENDED 31 DECEMBBi 2020 20 Totsl fuTrls 2019 Totsl fijnds fuTh fij INCOME AND EMDOWMENTS FROM t%JnaucLqd lega*s 93J69 93 98,824 IM36 Im6 (Xr trndlrKJ artwes 8,901 8,901 1,783 53,967 1,752 T¢thl 105,089 105,089 154,615 EXPENDrruRE <JN 61,438 61,438 207,295 Net galr6 on Investsnents 817 817 1,(146 14Ef INCOMVIEXPENDrruRE) 44,468 (51.584) Total fvndl Iwought forymrd As PrS reportej 385,259 13,733 3,011 io 388,270 13,733 453,587 391992 3,011 402,003 4S3.587 443,460 3.011 446,471 402.003
THE EUROPEAN FEDERATION OF SOCIEfiES FOR ULTRASOUND IN MEDICINE AND BIOLOGY BALANCE SHEEr 31 DECEMBER 2020 2020 Totsl funds 2019 Totsl funds as restated fund fund Tarvjltle assets 6YJ 70,K37 l2 71,654 71,6Y 72,144 72,144 71,490 Debtors Cath at bank 13 418,642 3,011 421,653 382,820 424,688 3,011 427,699 386,864 falllw yejr 14 (53,3721 153,3n) {56,3SI) 371,316 3,011 374,327 330,513 3,460 3,011 446,471 4011)J3 43,460 3,011 46,471 FUNDS Ufftstri¢trd fuTrJs 15 443,460 3PII 398.992 3,011 TOTAL FUNDS 446,471 402,(M)3 I Statne1 w¥e apprwj ty the Board of Tnstees and for 1s9Je 30 Aprfl 2021 and were on Its behalf ty.. CLulk Shlhu. TNst The fom part cl the$eflnè&al #atements
THE EUROPEAN FEDERATION OF SOCIEfIES FOR ULTRASOUND IN MEDICINE AND BIOLOGY NiJfES TO THE FINANCIAL STATEMENTS FOR TrIE YEAR ENDED 31 DEMBER 2020 BBSIS of pveparfng the Ilnandol gtatefflents The finandal siatements of the drfty, whth Ls a publk kenefit enuty under FRS 102. Iwve been prepared In oydarKe wlth the Chathes )Rp IFRS 102) 'Acwnthg and ReThJ CrIbe$'. statnt rf Recorm)en(kd pract appllcaue to charftle5 preparfrvj thelr wiunts in aCan wlth the Flnanckil Rewfjng staThlanl applkable In UK aTrJ Repthlt of Ireland IFRS 102) leffectre l Janry 20191,, FlnaThJal Rewfjng rard 102 Tr Flnandal Rewrtfw Stsndard applICab In the UK and Republic of Tland. and the Charities £t 2011. The flr¥3nd31 ststertRnts have been wepared uTrJer the hLstorfcal cfjst conventk)n, wlth excepuon of Investments are Iuded at rnaet value, a5 TrKKlffied by the revaluatk) of certaln ass The presentstion clrKY of the flnaal #atnts Is the Sterllng {£). mcetsry In the lknand ststements are to rEarest (E). The tn&ees consthr ttwt are rffj rnaterlal uertaIr[es the tharfvs ablty to cOrtIn as a gdrvj ConM. In futu years, the key rrsks to ts dwrfty are a fall In Income. The tnjstees have a of mea9Jre5 to control, mwte nlnlm15e the effects of a fall In Income, IUdIr1 a KNU reserves Fln•ncial Iwljng gtandard 102- rnduced dlsdojurt wA•mptlons The tharfty ha5 tskw advantage of t fdth(rrtJ dlthsure eXempS In prepartrKJ flnal 513tements, 5 Femltted ty FRS 102 The finarvjal Rep)rttng StrThJail appllcabfe In the UK and Rewllt d ireland., the reqUts 7 Ststemert of Cath PO%, Al Inc(ffte Is recognlsed In tre S¢atsmert Lrf Frnidal Acdvltles 0e tharfty has ertlyement to the * 15 cèabk that the Inco wll te rttdved and ts arnwnt can be mea9Jr&l lIab. Expwditurn bileS are recoJnld as expendlture as stsjn as there Is a tegal or construcdve obJWUon commlthrg tl tharfty to that e¥penditure, 1$ probab that o bansfer of ecorKJmlc lnefits wlll requlred In 5eWemenl aTrJ the amount of obllgaOon Can be nwsured relFabty. E¥peTrJlture Is accounted for on on accruals tsa5 and has teen das51fled uNter headlngs that aggregate all cost related to categ¢xy. Where costs canrK)t te dlred attdbuted to parttukir headlngs they Iwe teen allxated to aclvths on a bays Conent use of Thwibl• fix•d a••¢l¥ Depredatkin Is prov1 at the fhyrI4 annual rates In order to V•)Ite crff eh asset over usdul Ctynputer equlpn 2S% cn bDkiKe Usted InvesknEnts a Initialty recognls&J at wte aThJ 9Jbsequenty rnered at falr vah wlth rthn to value. &)th reaw rnj unrealised g3ts are tn stateTrMt cl fincIal ath Forelfft currni<aEs Assets and Ilabilitses rn fOn aJrrerKs are tranated Into sterllng at the rates cf exthaThJe rullrvJ at the baLan ¥*et date. Transacu0 In forelgn currendes a IransLited Into stertlng at the Trte of exchawe rullryj at date of transacdon. ExchaThJe dIfferte5 we in egpenditure on cN?ritab athldes In charlty Is exenw frcm tax cfi Rs tharft3b Unre&ricted furn15 can te in thrftabk obiectNts at tlE dgTrbon cl the buste
THE EUROPEAN FEDERAfAoN OF SOCIEfIES FOR ULTRASOU14D IN MEDICINE AND BIOLOGY NOTES TO THE FINANCIAL STATEMeNTS- continuod FOR THE YEAR EM)ED 31 DECEMBER 2020 PR[kted funts can be for pathlèr StLe purFoses wlthin the Obts ol ts ch. Restrtt SFecifl&J by the dc¥)or LY kn fuThts are ratsed Pajr rertrittbj pwpc Further exFl3rb)tJn of naiwe and pur d eèth fuTrJ Is Itthd In the rn)tes to fir4indal ststements. Hn•nrJDI lrtruments The onty has flnaal instsUnnts of a rtd that quallfy as bast f1mal 1nstMTrs. Bast flwdal InStrU1S are Inityally rKc4Jnls&J at trdnsgthon value and &S8]uen measur&1 at thelr setUerrErt val. CB•h at bnnk Cash at bank IldeS bank short tem hlghty Ilquld Investments wth a slKSrt rnabjrw of three n¥x)ths or ss from the date of or of the dep05 cf 4mllar a¢rnt. Trade and ots are recognlsed at the settkmenl arnnt d, Prekwmwts are reco3Se at the Invold cc& prepald. Cr•dttorn Cred1ty5 are rsed when tharfty has a present Srj from a past e¥t that probabty regjts In trdr of funts to a thlrd paty arnl ihe annt due to sett 01k)n on te meagjred or mated rdklAy. Crnlthrs are ncfmalty rec(yJnlsed at the settlerr£nt arnot, DONATIONS AMD LEGt$ 2020 2019 93,369 9B024 OTHER TRADING ACTivmES 2020 2019 son 9thods, c4Mgresses sknlLir CEUS Incorr 5,855 8,371 4S,596 8,901 53,967 INVMir INCOME 2020 2019 as re&ated Irv4esth*nt IrOrne Deposlt acCCnt Interest 1,713 153 1,752
THE EUROPEAN FEDERATION OF SOCIETIES FOR ULTRASOUND IN MEDICINE AND BIOLOGY NOTES TO THE FINANCIAL sfATEMENTS- o)ntinwl FOR THe YEAR ENDEO 31 DELTMBER 2020 SupFQrt costs {5ee r¥)te 6) DI Totsls Gerrdl 7450 {13,212) 61,438 Goveman FlnarKe Totsl$ Gereral aLttvS (15,829) 2,617 (13,212) Inded In GLwemm costs are fees {IndudlvJ irrecoverable VAT) to lTrJeFendent exaNther of £1,020 the InderRndenl examln3Uon and £960 for Jccouniarty seNte& 2019 hKfuts £2,451 payat4e to the Pre$ IndeFendentexamlner whkh IrKlude5 attountarLy and payroll setvkes. ccvas, the akne, ère folbws: FIMnc• 2019 General actlv6tses Total vlues Ba thoffjes Lossl(galnl on exthaTrJe 817 19,318 (16a27) (15,829) 20,135 There hyere no Injstees, raixinethn clher ter for year end&J 311)ecemtw 2020 w for year en(kd 31 December 2019. The trustees were 1d1r*sed a trtsl of £201 (2019. £124) ftrexpw on behlrdtr chty. The avernge nthter demph>ees dur1 the year as fdl)ws: 2020 2019 SuFWt siaff ) erry)hws In excess of £,Co).
THE EUROPEAN FEDERATION OF SOClEfIES FOR ULTRASOUND IN MEDICINE AND BIOLOGY NOTES TO THE FINANCIAL ATEMENTs- contlnued FOR THE YEAR ENDED 31 DECEMBER 2020 COMPARAllVES FOR THE sfATEMENT OF FINAf4CIAL ACTIVTr Totsl fijnds as rteJ fvnd fuTrJ INCOME AfKI ENDOWMEritS FROM t)nations aTrJ leg 98,824 GerTrI adjeS 72 Clv tr•Jing athties 53,967 1,752 S3,967 1,752 Totsl 154.615 154,615 EXPENDrnIRE ON arttable actlvltl•B GeTrI activ15 207,295 207,295 Net galns on IrNethents 1.096 NEr ItlCOMEI(EXPENDrnIRE) {51,584) (51,5841 Tatsl fundB bwought ft4nvanl 450,576 3,011 453,587 398,992 3,011 402,3 10. PRIOR YEAR ADJUSTMRrir CompaRVve fkJure5 have t1 9) as to m¢%e the flxed asset Insttherts that hre knd Wknln ca at nk. The w eThl valujucn clfixed asset Invethnts h9s al¢ ien axrected. Fl1 asset Inveknts have teen stated frorn £57,104 to £70,837 as at 31 Derner 2019 and Ihe c(rfntkirnUve gal(5) on In¥eth has be from {£12,637) to £1,096 kn thE Staternert of flnandal ¥Uvttf&. TLal fund5 ovTd fcThgrd as * 31 Derrer 2019 lfore Increa ty £13,733, from £388,270 to £402,LIJ3.
THE EUROPEAN FEDERATION OF SOCIEfiES FOR ULTRASOUND IN MEDIaNE AND BIOLOGY PIIJTES TO THE FINANCIAL STATeMewrs- contlnued FOR THE YEAR ENDED 31 DECEMBER 2020 ii. Computer U1]ent At l January 2020 and 31 crnber 2020 24,230 At l January 2020 Charge ts year 23,577 163 At 31 Decemtw 2020 23,740 MEr eooK VAWE At 31 DecemÈv 2020 At 31 Cernbw 2019 653 11 FIXED ASSEf INVESTMENTS Inv8Stments MARKEf VALUE At l january 2020 70037 817 At 31 Cecember 2020 71,6S4 NEf BOOK VALUE At 31 Oecemtéy 2020 71,654 At 31 Eecernbw 2019 70,837 I In¥thts are l*hJ In M&G Ctorljes Flwj Intu& Furxl. 2020 2019 Trade deths Other debtor5 3M5 1,753 -12-
THE EUROPEAN FEDERATION OF SOCIEfIES FOR ULTRASOUND IN MEDICINE AND BIOLOGY HrE5 TO THE FINANCIAL STATEMeNTS- conunued FOR THE YEAR ENDED 31 DEcBER 2020 aiEDifoR&' AMOUPllS FALUNG DUE VIrnIIN ONE YEAR 2020 2019 0r ¢JedIt5 ouals and dthed IrKcffle 29,Hl 26,910 24P)3 53?72 %351 Funds held Js •g•ts Ilu(d In thr uedltrys 15 É28,569 to hekl as èJent& The annual 5 001 W In MUCh, Gemwy rece the InVoEj of EFgJMB minlBkn to raise aTrJ lMj1 speaket5. The ba13rKe carri8J lowrd to 20216 hdd by. EFSUMB as a fuTrJ the cowse organLsers.. The movem kn kn(ts hebj a5 agents ¢JriTrJ the year wtte as fclltrws: e 2020 26,799 23,706 {18,895) £ 2020 22,756 21,017 116,7821 1,578 BakrKe brWI fThard Expernliture Year eTrJ foretgn oJrerKY trar&atbn 31,610 28,569 I& MOVEMENT IN FUMDS movemw In funds At 111120 adjustment 31112120 GenetBI fuTrJ 385,259 13,733 44,468 443,460 Therese Hacl Furyj 3,011 3MII 3,270 13,733 44,468 446,471 tt nvy•V(*rt In lunts, ITrjud In ts abrNe are as folws: IncomlTrJ RJrCeS Galns and Movunent in funds (knrnl fu 105,069 {61,438) 817 TOTAL FUNDS 105,089 161,438) 817 -1>
THE EUROPEAN FEDERATION OF SOCIEfIES FOR ULTRASOUND IN MEDlaNE AND BIOLOGY NOTES TO THE FINANCIAL sfATEMENTS. contlnued FOR THE YEAR ENDED 31 DECEMBER 2020 MOVEMENT IN FUNDS- eantlnued Comparntl%*sfor mD¥¢mtht In fvndB Net movement In fuThJs At 31112119 At 111119 GerERI fvTr 450,576 (Si,584) 398.992 Therese PL74 FuTrl 3.OLI 3,011 TOTAL FUNDS 453,587 (SiA84) 402,C¥)3 Cryarthe rt mmMt In IndLKbJ In fv above as fc4M: Incomlng Resc4Jr resr exFend Galns a1 losses Movemert In funds UnrnstllL fvn Gethrnl fund 154,615 (207,295) 151,584) 154,615 (207,295) 1,096 (51,584) The Thértse Ffank4 Ls provlded by the FMch 5)cty fcf a Fre Wety nnInated PhNol rectut0 be ld at a EUROSThN Congress Jnd ts to travel ard accommcthvon CO#& re relatyj rtY tsarnactk)ns for the year &wJed 31 cernber 2020. -14-