# **The European Federation of Societies for Ultrasound in Medicine and Biology (EFSUMB) Registered UK Charity 1016118** ## **Trustees’ Report March 2023** 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: - promote the science, the research and development of ultrasound in Medicine and Biology and to publish the results of research - to propose standards and to give advice concerning criteria for optimum equipment and techniques and clinical applications - 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) - to work with organisations with shared objectives to harmonise guidelines and to foster a closer relationship aimed at promoting the best of education in ultrasound across the European community - 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 submission for publication of the following EFSUMB papers: 1. Head and Neck Training Recommendations 2. Professional Standards in Medical Ultrasound 3. Point of Care Ultrasound Common Heart and Pulmonary Applications 1 The following papers are submitted or work in progress for publication in 2023 4. Multiparametric Ultrasound Small Parts (Thyroid, Breast, Testis) 5. Professional Standards in Medical Ultrasound Part B 6. Point of Care Ultrasound (PoCUS) for Primary Care Users (GP’s and Paediatricians) 7. Thoracic Ultrasound Training Recommendations ## _Safety Statements in US_ ECMUS Safety Committee has finalised the audiocast of a Safety Presentation for download from the website along with safety tutorials and produced Best Practice Recommendations for the Safe use of Lung Ultrasound. The Committee has prepared a best practice guideline for safe lung ultrasonography for publication in 2023. The Safety Committee has a representative in WFUMB and involved in harmonising safety guidelines between the international Federations. ## _Courses and Congresses_ The EUROSON 2022 took place very successfully in Timisoara, Romania in May 2022. As this coincided with the 50[th] anniversary of the founding of EFSUMB a souvenir booklet was produced and is available to download from the website along with a photo montage of the last 50 years. The next Congress takes place in Riga, Latvia 25 -27 May with an incorporated Student Ultrasound Congress, SonoCave and the Young Investigator session to find the best clinical and/or technical presentation which will then be entered for the WFUMB Young Investigator Session at WFUMB 2023 Muscat, Oman. Not all Euroson Schools were able to proceed as planned but the majority took place as a physical or hybrid meeting. The recording of the Munich CEUS School 2022 is available for free access on the EFSUMB website. Endorsed Courses proceeded as planned. All committee meetings continue to be held online except when a congress is taking place. ## _Online Education_ EFSUMB continues to offer educational webinars. The tradition of Contrast Enhanced Ultrasound webinars is continued with 2 focusing on European research and 2 on Chinese research developments. Others promote newly published guidelines such as Head and Neck Training Recommendations, Innovative Tools for Liver Fat and Stiffness Quantification and 2 Multiparametric Vascular Exams. All of these can be found on the website in the webinar archive. COVID-19 was eclipsed by the events in Ukraine in 2022 and EFSUMB was one of the first organisations to show solidarity with our Ukrainian Ultrasound colleagues. We produced a series of 5 webinars on Trauma, translated into Ukrainian to provide specialist training to help them cope with their situation. Sadly, this is not only relevant for Ukraine, but all areas in the world faced with such difficult situations. ## _**Cooperation with international organisations and Industry**_ The cooperation agreement with European Society of Radiology has been renewed and a joint ESR/EFSUMB Ultrasound focused session will be held in 2023. ESR is considering an Ultrasound Diploma to which EFSUMB is hoping to be invited to contribute. The agreement with United European Gastroenterology has been renewed following the successful Ultrasound Learning Area at UEG Week which has attracted more attendees than in past years to the lecture series followed by hands-on sessions. New agreements have been signed with EUVEKUS, WINFOCUS, European Federation of Radiographer Societies (EFRS), International Bowel Ultrasound Sound (IBUS). The objective is to co-ordinate research and guidelines and promote each organisations’ activities at congresses. 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. An Industrial Board Meeting with Industry representatives will take place at EUROSON 2023. The EFSUMB Newsletter is published in each issue of UiM/EJU and eNewsletters are emailed to alert members to current activities. ## _**EFSUMB Website**_ The EFSUMB website continues to see increased visitor numbers. Individual members, which numbered 322 in 2022, who sign up to access the website and benefit from congress registration reductions. Different rates are offered for student membership and low-income countries along with a discount for 5-year membership. Regular statistical analysis is conducted to understand the interests of EFSUMB website users – Case of the Month remains the most visited site, followed by Guidelines and Recommendations and the webinar archive. This information encourages EFSUMB to make 3 these areas a priority. The main visitor traffic is from the United States of America followed by Italy, China, Germany and India. ## _**Financial review**_ Following several years with an annual surplus income, EFSUMB in 2022 had a surplus of 15,454 GBP, Membership at the end of 2022 totalled 16,208 with the vast majority from the 29 National Societies, the Affiliate Societies and individual membership accounting for 332. Unfortunately, the French Federation of Ultrasound felt unable to collect the fees payable for membership to EFSUMB. The Board of Delegates agreed to waive the fees for the Ukrainian Society for 2022 and 2023 and to permit the Russian Federation to defer their fees until such time as bank transfers are restored. EFSUMB continues to promote Schools and Courses online for a small fee to cover the costs of promotion on social media and the website and selling individual chapters from the EFSUMB Course Book online. EFSUMB is adjusting to 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 Society’s activities include the stable (virtual) office and website costs, followed by the 1.5 USD for each EFSUMB member paid to WFUMB. 2023 may continue to see a significant reduction in costs by supporting EFSUMB Committee meetings online but committee and officer attendance at the EUROSON congress will be encouraged and supported. EFSUMB holds assets of approximately 462,221 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 the situation required this. ## _Plans for future period_ The plans for the future period include continuation of Guidelines projects, extending the PoCUS project to other organs, Multiparametric Imaging of the Pancreas and Liver (jointly with WFUMB) and updates of other existing guidelines. Increased online material will be made available to members including school recordings, some additional free book chapters (including translations into Spanish and Chinese), safety statements and position papers. The EUROSON 2023 congress will see a full programme of lectures and sessions in a wide range of topics, pre congress courses in MSK and Elastography as well as the Student Congress and SonoCave supported with loaned industry ultrasound machines and simulators. 4 ## **• Structure, governance and management** The 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 Meetings and are cognisant with EFSUMB policy. EFSUMB is governed by its updated Constitution which determines the structure of the Federation and is observed with elections held every two years which will be held electronically in 2023 at the Congress. Nominations are requested from all the member National Societies. In order to increase the representation of smaller Societies within EFSUMB Committees, members may be co-opted who have been unsuccessful in the election or who have skills that are required within the Committees. The revised Constitution will enable EFSUMB to include individual members as committee members as well as the inclusion of affiliated societies in and outside Europe and where the multidisciplinary requirement is not fulfilled by smaller highly speciality organisations. 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, 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 and following a review of their efficiency and performance. The EFSUMB Guidelines App is now available to be freely downloaded by all ultrasound users. EFSUMB has also promoted two important guidelines for inclusion in the United European Gastroenterologists (UEG) App. ## **• 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 website Administrator, Mrs Suzanne Cain of Kosmos Design has served in this capacity since 2008 and is accountable to the General Secretary in the first instance. 5 The General Secretary 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 assistance of EFSUMB with a fee to EFSUMB of 1000 euro for administration to raise sponsorship and reimburse speakers. A balance from the 2022 Munich CEUS School of 20,224.86 euro is carried forward to 2023 and held by EFSUMB as a restricted fund for the course organisers Prof Dirk Clevert and Prof Hans-Peter Weskott. ## **Report prepared on 30 April, 2023 by EFSUMB Trustees** **Prof Paul Sidhu Prof Adrian Lim Prof Carmel Moran London, UK London, UK Edinburgh, UK Trustee and Past President Trustee and Past Co-opted Trustee and Safety ExB Member Committee Member** 6 FOR THE YEAR ENDED31 DECEMBER 2022 ULTPASOUND IN MEDICINE Af4D BIOLOGY Hartky Fth￿er LLP 4th Hc¢)r Tukn Hou 27.37 St ￿)rge,5 Ro)J SW19 4EU ThE EUROPEAN FEDERATION OF S(KIEnES FOR ULTRASOUND IN MEDICINE AND BIOLOGY FOR THE YEAR ENDED 31 DECEMBER 2022 I to 5 9 to 15 16 THE EUROPEAN FEDERATION OF socfEfiES FOR ULTRA￿UND IN MEDICINE AND BIOLOGY REPORT OF THE TRusfEES FOR THE YEAR ENDED 31 OECEMBER 2022 The t￿5￿9 Kwnt tr￿r rer¢rt th the fin￿￿￿31 Stat&￿ts c* dwrty f￿ the year eThJ8J 31 D￿L￿ 2022. The truaee5 have thsh)ns ￿￿￿nts￿9 arKI ChaT￿¢S. Ststemt {( Rwnmg)ded F*acti applicat4e to th3riiies fvr ￿(f￿nts wi the firwKial Rep*j￿ng Stsndard aF¥4kth In the UK and Repubk of Ireland IFRS 1021 leffth i Jwary 2019). objecti￿ and aims EFSUMB'S ob)the5 are to: . the ￿n￿, the research rf u￿r￿￿nd in Mthjne and to the resu￿ . to prrP￿ aandards arwj to fr* Cfrtwnum aTrJ and dnkal applKalxJns . to arrange corMJrew aThl Siuty and on an trrterTthnal in and outs*Je Eur￿ ty the member oTganWtiry￿, I[￿Ul￿r￿J ￿nI￿r￿J. in wth a kol a Eurc*a) or Wcth CONJW for uttrasxjnd in MedKiTre aTrJ ￿m￿l . to ￿ wth organisatths wth shar8J cèpciv*es to hamThi* gukJeliE5 aThJ to fots a dow re￿iK>n￿1p alm&J at onv)try the of ￿tion ￿ uthgyjnd tl* Euffjtron cc¥nmunty . to inter&ts of ts men*uthip in WFUMB aThl in any cts irtern*Kthl oryan53tk)n whLX puryyjses are CIXLYStent EFSUMB. 7he trust￿$ ha* wth the duty on 17 cl 2011 lo haNt due rowd to wblt tenefft gu&dan￿ put4ishaJ by the (Jarths Commss¥M. The kist ¢We￿e rnontl￿ ha5 seen the put4KaKy) fAthe foknlry ￿lM6 ￿[*$. l. Head and W TrainiThJ R￿0mMeTh￿S 2. Prclessbnal stsfid￿dS in U￿a9x￿ 3. Pr*nt cl Gire uItrax￿nd COMM￿ Fk3rt and PulnKMWy The ftlkm.ng papers a￿ YA)rk in wrMJres5 fty 2023 l. mU￿.param£triC UAra￿Try Srn*l Part5 cfhyrrJKI, Breax Tests) 2. Profes5KJNAI Sta￿lar￿5 In Mgjthl Pwt B 3. P(4"rt cl Care Ultrdsound IFbCUSI for Prm?ry Care U5pJs {(Ps aThl Pd&Jthians) 4. Th¢￿C ur(raS￿J￿j TranN4 P￿1¥nrr￿￿ddtK￿5 bjtorkiis. Ch￿k otlv work CnrThnittee fv4s preparal a best gudelrr safe ￿[￿) u￿a9￿￿t￿Y for In 2023. The Wety CJ)mmittee has a VIFiAYB in￿+￿￿ n hmNsiThJ guulEkr*s the IternatKy)al Fthatw THE EUROPEAN FEDERATION OF SOCIEfiES FOR ULTRASOUND 114 MEDicIf4E AND BZOLOGY REpoKf OF THE TRusfEES FOR The YEAR ENDED 31 CIECBIBER 2022 Coursu and con9regyos The EUROgJN 2022 vey SK(s￿l￿ in TknAwa. Mty 2022. As this the 5Cth annwttgry fouThling rf EFSUMB a wvenir im￿jet was 15 ava1kb￿ to from the ￿EbSILe k)rKJ with a photo r[￿* of the 50 years. The next QJrYJress pke in Rga, Lafvia 25 .27 May wth an ¥Kormted Sttjdent Uth9Jund c£￿￿esS, S)rKCave and Y(MJng Inv&wJator tD thd the test clin￿* aThJlor tschnk?I wesentstKffj then t* for the V¥FUMB y￿n9 Irp*estwtr Sesstffi at b¥FUMB 2023 MuxaL Oman. r¢tLYdiThJ d the MunKth ￿￿5 2022 6 aval* ts free EFgJMB wet6ts EThjr￿s￿1 Cou OCeed￿ as Online ethKati EFSUTr* colltinLts to offer ethtsti¢Jd TA*iXna￿ The tsjliw d C£xthst Enhanc8J U￿a9￿nd wetinars is conbn 2 fttusiThJ th Eurrffan fftarch ènd 2 on TÈ5earth c￿tr￿s kY(xn(rte rew￿ putrlish& gufrJelin& Sud) as arml Trdirriw Rea)rnmth¢Jkn￿s IrwKwalfve T¢xls for Llver Fat aThJ Sthes5 1)JonbfKaK*) and M￿￿1param£*ric VascuLir Exams. of thse can ￿ fcwrKI on AEb&te in the vthar arch￿. a)VD19 the in Ukrane in 2022 arnl EFSJMB wa5 cffie of the fir* MJanisatkxts to x4KJarty wrth wr Ukrain0￿ u￿ra￿Thj o)Iwuts. We EX￿JU￿ a srn rf 5 %￿b"nar5 C￿ Trauma, translat￿ into Ukrain*n to PThtk SkYiali# trai)ivJ to t*1) coFe with tt*r gi￿. S•*. th& is rbjt for Ukraine. but all areas in the K¥)rkl wrth SLKh dlfkult 9t￿$ The cwrvatx)n Wjreen￿t wth EUro￿n of Wx)k4y ha5 txEn and a ￿"nt ESRIEFSUMB Uttrdwund foajsed se5siM will be in 2023. ESR 15 cons(knry an Uth9YJr￿ tWJna to whKh ￿1mB b hoping to te knvted to c0th￿te. Area at LEG Week whrh has attrarted atte￿lee5 than in p53St yeats io series fo%>¥8J ty hand5- Internath￿al PAywd Swnd (IBUSI The rJ)kne S to ctrcrfiTh3te rsthrch g&JÈli)es ar*J promc*e e)*1 tndu*ry repreSentsti￿ w41 tske at EUROU 2021 The EFSUMB Wel￿te conbThJes to ￿ i￿rea*j vtsltc¢ JThJNxlual whth n￿rnter￿1 322 1) 2022, who gn up to ￿ceSS the wet6te bendrt from (cryr￿ reg&rabM r8JLKtN)r& rates are tfftred for *udu)t ¢J13r s&￿￿(al afy31ysis 15 covJKt8J to the intersts cl FSUMB v*b* u*r5 . Case cl the knth runains the sts. fcllJ4txl aTrl R￿rnenth￿s the ¥￿inaT alth￿. Thi% ￿)fOrn¥t￿n our￿e5 EFSUNB to make these arEas a wKxity. Tr main traff￿ is from the Unitoj c* fd1(w￿￿ ltsty, thna, f£nYony aThJ lThJk. THE EUROPEAN FEDERATION OF SOCIETIES FOR ULTRASOUND IN MEDICINE AND BIOLOGY FOR THE YEAR Et40ED 31 DECEMBER 2022 Financial ￿$11 F￿k￿Ing yws an annul surphL£ i￿. in 2022 haj a gain of £15.45412021.. [￿). mtershlp at e￿1 ￿ 2022 totslkd 16.208 w￿h the va* wity frcm the 29 Na￿￿ knetrs, Affiliate s indwKlual rnemterthip ￿ntill9 for 332. Unf¢y￿1natd¥, ￿ French Fedwar￿ felt unalAe to c(dknt the fees ￿￿tle for ￿￿￿terSh￿ to EFSUMB. The tkWe5 ag&d to waNe the fees for the UkniniaTh S)0* for 2022 and 2023 aThJ to Rusgan to C￿er th￿"r fees untr"19Jth as bank tra[￿er5 are restored. EFSUMB ¢￿tinUeS to and Courses onlire fry a Fee to 0?￿ the costs of prornotK)n on swal medk and ￿eJ￿ aTrJ sdkng indfv*Jual fo)m EFSUMB c￿￿e online. EFSUMB is è*"U*ivJ to r￿ju￿￿ *Kome ty ÉYKXMJraging rew Natrfial Sxts and iThJi¥•Ju& n￿ts[s tr) y)in a￿tinuing to LEe the strateg￿5 irnP)5ol by tr* paI￿rn￿ 9xh as 0f￿lIne The dire(T expendrture rdatir¥J io the thibe5 ￿d￿Je the ststle (vwbja) LrffKe Y￿)￿e CLXSts, folbwed trt 1.5 USD for each E￿M6 r[￿ter p*J to WFUMB. 2023 {￿tinUe to see a gJnfftant rulu(tion in costs prAlrtiro EFSUMB Ccxnmittee rneetiThJs c¥thre bjt cNnrrits and ¢ffter alt¥*larKe at the EUROS(￿ ￿gresS wlll eno)urag&l aTrJ 9JPPOrteJ. Reserves poliLy EFSUMB h(Ad5 aFproximaW 450,f￿ (W whth is ewivaknt to three years admln15trath)n o)sts. 7hts re￿e s malntainql to ensure that ￿ ￿￿alK¥) CL¥ttinue fy a furthw thrtt years usn9 these fuThJs to continue the I￿rk prc¥Jress and r¢gnthre to a r￿ gtuatb)n rf s*uax)n re]uireJ this. The pkins for the futyre indude Conb"nUa￿￿ twts, exkndi￿J the PCOJS proJKt to other ¢JTJans, mU￿para￿rK Imag*vJ of the P¥KTras arKI Lw 4Mth WFLIMB) aThJ upjates cl other exisbThJ guvJdi￿$. I￿rea￿l ¢m11￿ matenal WHI ￿ nkide avaikbk b) rrernte5 I￿￿"￿3 I￿1ngs, some a¢*Jthnal free trxx)k chapters {indudiThJ tsBr6L1b￿ mto Sr43nith a￿1 Chinese), • ststements and F•)gt#￿ The EUR(Frn 2023 )ThJress wll see a full prcxjran￿￿ of ￿L-tureS and sessm￿S In a w*le rnr¥Je iopis. p￿ COng￿$S ctyJr5e5 in MSK and skn)ulat(xs. The charrty is c￿t￿lled its a deed d tsust an UnIncorK￿￿￿ dwrty. The EuroFean Federat￿ c* U11Tr9yJnd ni MedKTh arwj (EFSUMB) 15 a UK Char numter 1016118 wth the P4Yrr4ni5tratNe (ffte, PA)x 72718 Lonth SW19 9HD. Tr regi*r8J Trustee% Prof Paul Sklhu, Prcl Adrian Ftrf CanRI Mc*an ￿ basol ui VK arml ha¥e ￿￿it￿Yatd Ikjriry thi5 repyb"rvJ and vAthin EFSUMB Methgs arnl ¥e rtsJnigrtvJith EF5u￿ tthy. EFSUMB ty rts U￿x￿t￿ Q)rnsbtiJtion dderMI￿ the Stvxbj￿ of Fed￿ètil￿ awKI 15 wlh ekntts)s tr*ld aery IMI years whth ￿11 te in 2023 at the Ccryres& are ￿￿ted frc all the member NabJn31 knEti"es. In c¥dw to of Sxths wrthln EFSUM8 Cornrnittees, rTEmters be CO￿￿￿ ￿[￿Xce￿I in the dect¥)n or b¥ho ha* skj'lk that are reqwred wthin the corn￿[￿e induson of affliated gxth5 in aThJ Eury wlve the ￿￿tKI￿￿lnary ￿Ullen￿rt Is fulflal Sn￿1￿ hVjh￿ S￿￿31￿ cK¢Janis&KJTrS. THE EUROPEAN FEDERATION OF SOCIETIES FOR ULTrASOUND IN MEDICINE AND BIOLOGY REPORT OF THE TRusfEES FOR THE YEAR ENDED 31 DECEMBER 2022 D•isron makiTrJ Past Presdent, Hcffjorary Secr*ary aTrJ Tr￿rer aThl (XTr(￿ted rnemte5. c(MMrtt￿S eJJ* for EduotDn and Prclessthl Standards, WKatMMs, Safdy StUd￿t rnatte￿ Day to day thintstraUon B (3Tr*d out by b Ex￿Ul￿e Seu*ry and a Ndministraur a¢xwntatle to EX￿￿tiVe Buwu in ￿(￿)rda￿e trt ConStrtu￿on. The remunerdtth of the* 15 the remt d the Bureau and annuafy in tr* context of sknilar OrgantstK￿s and frAkn¥irwJ a revmy ofthar eifwy aryl The EF￿1B Gu￿ineS avallth lo te fredy al ufuawThJ LW> EFSMB has akn two iffp)rtant in the Unthl EUrO￿￿n (LEG) Aky. ReferwKe and admlnirtrntl¥e detalls The Tru#ees ddegate the day4trd3y of ￿ dwrity to tr frnl s￿ary {at the tirrp of writhg this retx)rtl Mrs L￿re R￿d w￿) has setied li caFoty in 2¢X)9. Frquent r￿"ng5 are held by the EX￿Uts¥e Bureau to b¥fv)m the f*neral s￿ary 15 xctyJntaNe. The wetrts*e *4Jrnir¥51Trtor, Mrs Suzanne Cain of Kosrnos has seNed in cyity sirKe 2(1)8 aTrJ s acCwntst￿ to the f￿ra1 s￿trry in the flr# inStsn￿. The Genernl 5euttsry Iba1￿ vJ*h tr* x¢cwntht arn1 I￿*[th￿ert lo the aTrnY￿ rm￿ClaI reFrt. Hath Fowler LLP, Tu6tk)n 27137 % lbxye's Rwj, SW19 4EU. REFERENCE AND ADMINIsfRATfvE ￿All5 Rwjitsed Chartty nunthr 1016118 Prin¢ipal adthss P O Pox 72718 Wimb Lon¢kn SW19 9HD Pmf Paul Sitthu LorKk)n, UK Prof Adrfian L*n Lond)n, UK Edintr*Jrgh. UK Hardey FO￿er LLP Chartered Aco)uniants Tults￿ Hou 27.37 St C￿T&￿'S Ro)J Wimtdth Londo SW19 4EU THE EUROPEAN FEDERATION OF SOCIETIES FOR ULTIIASOUND IN MEDICINE AND BIOLOGY AEPORT OF ThE TRiisfEES FOR ThE YEAR ENDED 31 DE(f14BER 2022 FUNDS HELD AS OJSTODIAN FOR OThERS E￿MB is ￿ custc*Jkin an eThknTht fvnd prcNthI Fr￿￿h Uttra￿￿J 9x￿ty for a Frwth knety nominaial Thérèse lectu￿ to te hekl at a EUft0￿ Qywss and s to cw tTrvd acccfflnKthUon. The fund curra)tty stand5 & 3011 fw. administrntKJn to rase s￿D%￿Ship and [WM￿l￿ spe4ker> A balan￿ from the 2022 MunKh tsus Schcd rf 20,224.86 eum s cwr*d frThaTd to 2023 aThJ FWMB a5 a Itt￿ fund ofthe Ix)3rd cl trustees 24 2023 and on its brf: Pmf Ps￿h￿ Trustee INDEPENDErir EXAMINERS REPORTTO THE TRii%fEES OF THE EUROPEAN FEDERAT1014 OF SOCIETIES FOR ULTRASOUND IM MEDICINE A14D BI(ILOGY 14edldne And Biology I rep￿t to charity tru5t* ￿ rny eyarTWkn c* the èxwnts ￿ The EurorEan Fthatbx ￿ ScME 15.454 15,454 296 RECONUUAllON OF FUNDS Toi31 fvrkls ￿0￿jht fcThard 443,756 3.011 446,767 46,471 459,210 3,011 462,221 446,767 THE EUROPEAN FEDERATION OF SOCIEfIES FOR ULTRASOUND ZN MEDICINE AND BIOLOGY BALANCE SHEEr 31 DECEMBER 2022 2022 2021 Totsl Tangible as*ts 1,670 138?35 1,670 138,335 io 69.095 140.1J)S I40,￿5 li 5,134 357,047 5,134 360,058 4,873 424,018 Cash at bank 3.011 362.181 3.011 365,192 428A91 ¢￿ED￿OR5 Amunts falb'rNJ due Ythin (Nje year (42.976) (42,976) 151.587) 319.205 3.011 322216 377￿0¢ 459.210 3.011 462,221 446,767 459,210 3.011 462.221 446,767 FUMDS Ufir￿tted fvnds 13 459.210 3,011 443,7% 3,011 TOTAL AINDS 462.221 446,767 ts *Ere a&y￿j ty the Tr￿￿ aThl frx i&** on 24 May 2023 anrj wtre sKJn its by.. THE EUROPEAN FEDERAThON OF socImES FOR ULTRASOUND IN MEDICINE AND 8IOLOGY NOTES TO THE FIPW4CfAL sfATEMEpirs FOR THE YEAR ENDED 31 DECEMBER 2022 The fin￿031 st*nw5 of the charty. whth s a under FRS 102, prep3tEd in accordan￿ wlh the (harrtrs SQXiP (FRS 1021 'P£ctyJnting aThJ èry 0)ar￿e5.. Statement of pract￿ a[vI￿b￿ to chart*s wepaiN)g ts"r acc£￿ts with the ￿ftar￿1 Repo￿"ng StaTrJard aFplicabk in the UK afKJ p￿t￿C ￿ Irel7￿ (FRS 1021 (dTethve l January 20191.. finan(ial RekMyts'rKJ StaTrJard 102 Tr financi& Repjrtirg Standard UK RwtdK of Irda￿￿, and the ￿artieS 2011. The finarthl stat￿ts have hi#tXKal cost (c￿¥￿tkIn, with the excepbon of investr*nts whKh are induded at market ￿￿lUe, as nKx1ff￿xl by the walUat￿n of certain assets. prewtsoon curwcy ￿ the fin•Kial ststwmnts $ ￿ Pwnd Stertir¥J (£). Morfary anw)unts in the fmnckil ststernents a￿ rOu￿￿j to tr* wrest 1£). The tN*ees cons(kn thyt there are rK) matewial uncert3kntEs at4yrt the thanVs alilty to continue as a gThng corwn. tn future Yea￿ the kw risks ty the chaiity are a fal In ￿ffle. The tnjts have a serEs of nwsures to c¢rtDI, mijgate and n¥nI￿*se the aYe(ts ￿ a frdu in irt(w w)dthJ a re￿￿ N)Iy. The charity has tskai advafits￿ (* the frAbM"TrJ diXh)sU￿ e￿[¢￿$ in these financial sts*merts. as Femmtted by FRS 102 Tr ￿na￿ty31 Rerutirmj sian(tsrd aNiknble in the UK and IreL3nd': I Income ts ￿(￿jn￿ in StaLen￿t cl fir4irK¥l ktMtES charity ha5 ertAleThwt to fiJThJs, 6t i5 trtabk that be the arrojnt [￿red Feliatty. Expenditu Liat#lrtEs are recowisej as ey¥eK1iture as as Ilve 05 a b•al ot4Jatbn CC￿[rittiNj the thaity to that expend￿Jre. wrAJ3bk that a tran4w VAI te requiryl Wi sett￿mert and the amwnt of the can te nwsur8Y rdi&)ty. is a(mJnt8J on an attruals aTrJ ha5 tr￿n hejjinos that ?4)￿ aN cost tht&l to the c3teJory. Whwe ¢tbts canrN)t t* dwecty c￿uter . 25% M reJLKiThJ bakn sted in¥ethents are inthty rtrcg)i*J at transxkn aNI rneawr￿ at value w rKe ID Val￿ ￿ weaf$8J and Lmreaasej gains arE T￿￿Jnis￿l kn the siaten%rt r* fmaKkil Fornign ¢urrnnrl•s ssets aThJ Ikibi1th5 In are transkW inio &erfiThJ & the rdtes ol exthange rnliThJ at the bakne sheet date. Transxtims n f(￿e￿3n awe transiknl nb) at the rate of exchar¥Je ruling at the date ￿ tra￿act￿)n. E¥th￿ge drffwen￿ are recojnsal in charitatle ￿(Y￿be5 in the ststsmert of finanaal Unrtstrthl funds on ￿ Lwd In Wbth ￿ ohariiatle obtrs dwJetkin rfthe trustees. THE EUROPEAN FEDERATION OF SOCtEfIES FOR ULTRASOUND IN MEDICINE AND BIOLOGY NOTES TO THE FINANcfAL sfATEMErif5. stro•lsts IUEGI Ar4). Referen￿ and admlnistradve detslls Trustees ddegate the day-to.day aYministra￿ management of the tharity to Ceneral knetary (at the tirrp of writsng thls reKXXtI Mts Lynne Rudd who has setwj In capacty Since 2009. Fwuent meelJrKJs are hekl by the Exerutive Bureau to whom the &neral Smtsry is accountab￿. The websr(e AdminlYJBtor, Mrs $jzan￿ Cain of Kosrnos DeS￿n has Se￿ In this capaclty Sn￿ 2008 aThJ Is accountaNe to the General Secretary in the first instan￿. The Geneol Setretwy wkh the ￿￿ntsnt and Indwdent Examinw to w￿luCe the annual fi￿(la1 reFty*. Harley Fowler LLP, TU￿Tr Hcw*, 27137 St &orge's Rwl, WimtrAe(bn SW19 4EU. Exemptknnsfrom disclosure ) ex8npt￿s di￿oSUre are cbimed as are no paYTh￿ts to Trustees Or EFSLWB committee members eA. Exd)￿)e drfferences are recoJni58J lfi expenditure on charftrb￿ athvlUe5 in the atement cl financlal acti¥ts. Taxatlon The charty Is e¥ernpt Irc*n tsx on fG tharitable acbvitEs. Unrestrtthd funds can te In acc￿dan￿ wf(h the chariiable obi&tNe5 el the di￿￿on cl the tsustees. THE EUROPEAN FEDERATION OF SOCIEfIES FOR ULTRASOUND IN MEDICINE AND BIOLOGY NOTES TO THE FINANCIAL sfATeMENTS- c¢ntlnue FOR THE YEAR ENDED 31 DECEMBER 2022 Fund arrountlry Re5triLted fvrK15 can onty be used for ￿Stricted txJrp05es within the rknj'ects rf the charty. Reststkns arise when SFedfied ￿ the (k*n(* or when fwds a￿ ral*d for partiLwkir reStrtt￿ purw*s. Further explanatK)n of the nabjre and purpose of each fund Is indudgj in the notes to the fironck4 staiemenls. Hnanaal Instruments The chailty only has flnancLal instruments of a klnd that qualfy as bastc flnanck?I Instruments. Bast flnarti)I instNrrEnts are inrtially reoywised attranS8thc￿ Val￿ and subwuendy meawred at thér seitlwmt val￿. Cash * bank Cash at bank includes bank deposfG and short term highty liquhd 1nvestrr￿ts with a shjrt rnat￿￿ty of three rn0ntt￿ or less from the date of acquisitrfjn or oFenSng of the dep￿r( or grnlLar acctyjrt. Tr3(k and cllEr (Ipbtots a￿ reccxjnwj at the Sett￿ment ar￿Unt due. Prepoyments are [￿n{S￿l at the Invoked ￿st pwid. Cr•ditor8 c￿jitors are rWn1s￿ charity has a ￿esent d)ligath)n resuf(Ing from a past eveftt that wll probab re5uhs in the transfer of fvTrJs to a third party and the amwnt due to S*de the on te nwsurej or esbmated rdbbly. Cy&l￿or5 are n￿m31￿ recojnised at the *ttkrnert amount. DOIIATIONS AND LEGACIES 2022 2021 SubKthpty￿s 96,750 103,647 OThER TIiADING ACnVITIES 2022 2021 Eurosm 5thcKJLs, congJEws and $S￿lar CEUS I￿rne 5,552 11,284 21,665 28,311 16,836 2022 2021 1.2S6 1,428 aCc￿nt Inttr 1,257 1,436 -i( THE EUROPEAN FEDERATION OF SOCIEfIES FOR ULTRASOUND IN MEDICINE AND BIOLOGY NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 DECEMBER 2022 CHARITABLE ACTIVTtIES cosrs Support osts (see note 6) Dirett Costs Totals General actiwties 120,423 (L5,319) 105.104 SUPPORT cosrs Information Governan technolcoy Finance Totals General aCtI￿tieS {17.673) 254 2,100 (15,319) Induded in Governance costs are fets (Including irrecoverable VAT) to the indepen(knt examiner of £1,080 (2021'.EI.0201 for thÈ independ￿t examination and £1,020 (2021..£960) for accountancy seNce5 Support costs, included In the aLK)ve, are as folbws: Flnance 2022 General activib'es 2021 Totsl actiwties Bank (harges Lossl(gain) on fo￿l9n extharYJe 503 L7,3% {L8,319) {17,673) 17,899 TRusfEES' REMUNERATION AND BENEFITS There were no trustees, remLtneration or other trmefts for the year ended 31 t)ttember 2022 nor for the year ended 31 December 2021. The trustee5 were reimbursed a total gf £802 (2021 - £378) for eX￿nseS incurred on behalf of the charfty. COMPARATIVES FOR THE sfATEME14T OF FINANCIAL ACflVITIES Unrestricted Restricted fund fund Total funds INCOME AND ENDOWMENTS FROM C4)nations and ￿gac1&S 103.647 103,647 Other trading acb"vities Investment income 16,836 1,436 16,836 1,436 Totrl 121.919 121,919 EXPENDITURE ON ChaTitable artlvltles General actiwties 119,064 119,064 Nel gainsl(losses) ￿ invesknents (2,559) (2,559) THE EUROPEAN FEDERATION OF ￿cIETIEs FOR ULTRASOUND IN MEDICINE AND BIOLOGY NOTES TO THE FINANCIAL sfATEMENTS - continued FOR ThE YEAR ENDED 31 DECEMBER 2022 COMPAIIATIVES FOR THE STATEMENT OF FINANCIAL ArnVrnES- ci>ntinyed Unrestricted Restricted fund fund Totsl funds NEf INCOME 296 296 RECONCILIATION OF FUNDS Totsl funds brought foTh¥ard 443.460 3,OIL 446,471 TOTAL FUNDS CARRIED FORWARD H3.756 3,011 446,767 TANGIBLE FIXED ASSETS Computer equipment COST At l Janvary 2022 Additlons 24.230 1,556 At 31 Decemter 2022 25.786 DEPRECIATION At l January 2022 Charge for year 23.862 254 At 31 Decernber 2022 24,116 NEf BOOK VALUE At 31De￿rnber 2022 1.670 At 31 December 2021 10. FIXED ASSET INVEsfMENTS Usted investments At l January 2022 Additions Revaluations 69,095 75,000 (5,760) At 31 Decemlxr 2022 138,335 NEf BOOK VALUE At 31 Decemter 2022 138,335 At 31 De￿Mb¥ 2021 69,095 Inv&ments are held in the M&G chari￿r￿1 Charit*s Fixed Interest Fund. During the year the invest&J into Schroders Charity Mults"_Asset Fund. -12- THE EUROPEAN FEDERATION OF SOCIEfiES FOR ULTRASOUND XN MEDICINE AND BIOLOGY NOTES TO ThE FINANCIAL sfATEMErirs- Cxbntlnu FOR THE YEAR ENDED 31 DECEMBER 2022 I￿ FIXEDASSEf INVEsfMENTS. conilrn*d Ctht or VBluaticfi at 31 Dwnlxr 2022 Is re&￿eS￿ted ty: Valuatp)n in 2021 Valuaoon in 2022 (2,559) (5,760) 146,654 138,335 ii. DEBTORS: Amovfns FALLING DUE wrrHIN 014E YEAR 2022 2021 Trade deblNs PrqiayrrEnts and a￿rl￿d ￿coMe 4,868 266 4073 5,134 4,873 12. CREDrroRS: AMOUNTS FALUNG DUE wrrHIN ONE YEAR 2022 2021 cr&Jitors 42,976 51,587 Funth held a$ Jy•nts Induded in other c￿l￿OrS Is £20,225 reK411ng to funds hdd as ag￿ts. The annual CEUS *lb)ol he￿ ￿ Munlch, Germany recgves the Inv(Aced asgStarKe of EFSUMB &lminlstrai¥)n to raise SKN)nsorship and ￿1mbUrSe SFeakers The balan￿ carrted fotward to 2022 is held ty EFSUMB as a fund fvr the course organisers. The mvement in funds as agents during the yea¥ were as fdbw5: £ 2022 27,865 29,OCK) 136,6401 £ 2021 25,184 25,691 {32,409) 1567) 8alarKe tmught fo￿ard Exwdfture Year end foreKJn oJrNLry tran￿alk)n 20,225 17,899 11 mo￿•E￿r IN FUNDS Net At 31112122 At 111122 In ￿[KIS r*neral fvnd 443,756 15,454 459.210 Therese Hani(A Fund 3,011 3,011 TOTAL FUNDS 446,767 15,454 462,221 -13- ThE EUROPEAN FEDERATION OF SOCIEfiES FOR ULTRASOUND IN MEDICZNE AND BIOLOGY NOTES TO THE FINANCIAL ￿ATE￿Er￿S- Continued FOR THE YEAR ENDED 31 DECEMBER 2022 13. MOVEMErir IN FUNDS- continued rnrNement in fund4 indud8I li the abM are as fCdhy￿s.' IncDmirYJ ReS[yJr￿ Galns aThJ In funds UnrestrlLted funds Ceneral fund 126,318 1105,104) 15,760) 15,454 TOTAL FUNDS 126,318 (105,104) {S,7601 15,454 ComparJtlvts for mo¥wn•Tht in funds movement in fuThls At 31112121 At 111121 rffil ￿nd 443,4fA) 443,756 There￿ Flanid Fund 3,011 3.011 TOTAL FUNDS 446,471 446,767 Comparth net movement In fU￿ts, Incl￿ h) the aiy)ve are as fc41¢yws.' Ino)mir¥J Galns and Movement In fvThls neral fund 121,919 1119,064) 12,559} TOTAL FUNDS 121,919 (119.0641 {2,5591 296 The Th&èse Pkniol fund Ls provided ty the French Uthsound SLKlety for a F￿ch &)dety nTrnina￿ Th&èse Plant)I lthre to be hekl at a EURC60N Congress and ￿ wovkjed to cover travel a￿1 xcommThYat5on cc6ts. -i+ THE EUROPEAN FEDERATION OF SOCIEfiES FOR ULTRASOUND IN MEDICINE AND BIOLOGY NOTES TO THE FINANCIAL sfATEMENTS- continued FOR THE YEAR ENDED 31 DECEMBER 2022 14. RELATED PARTY DISCLOSURES There were no relat8J party transactions for the year ￿ded 31 December 2022. -15- THE EUROPEAN FEDERATION OF SOCIETIES FOR ULTRASOUND IN MEDICINE AND BIOLOGY DETAILED sfATEMENT OF FINANCIAL AcrIvrrIES FOR THE YEAR ENDED 310ECEMBER 2022 2022 2021 INCOME AND ENDOWMEf¥TS Donations and legJcies Subscriptions 96.750 103,647 Other trading artivities Euroson ￿h0￿s. congresses and similar CEUS income 6,646 21,665 5,552 11.284 28,311 16.836 Investment Income Investment income DerK)sit account inter 1,256 1.426 1,257 1.436 Totsl incoming resources 126.318 121,919 EXPENDrruRE ChJritrble artlvitie5 Wages Webstie, IT and telephone costs General admin costs including postsge and stakn"onery WFUMB sub￿pti(j￿s Euros(￿ schcKJls, congresses and simllar US guiddine costs and similar Educational webinars and similar UEG MeetlTr4 Cosis EFSUMB course Lx)ok 47.152 20,528 44,284 18,220 492 16,58B 10,208 19,789 4,584 1.082 839 19.642 15.774 204 120,423 ,963 Supptyt costs FlnaThce Bank tharges Lossl{gainl on foreign exchange 646 (18,319) 503 17.3% (17,673) 17,899 Information techrbology Comwtsr equipment 254 122 Accountancy and legal fees 2,IC#) 2,080 Totsl resources eXp￿d 105,104 119,064 Net income 21,214 2.855 This p3ge dce5 nrt form port of 5tdtsrtory financial statements -16-