REGISTERED COMPANY NUMBER.. 02755034 (England and Walès) REGISTERED CHARITY NUMBER: 1020193 Fln•nclal S fortho Y En INSTIT RIVATE CLA AL DBY McLean R&d Chartored Aco)untants 1 Forst81 Road Aylesfud klE20 7AU
THE INSTITUTE OF CLSSICAL OSTEOPATHY A PRIVATE COMPANY LIMITED BY GUARANTEE
| Content of the Financial Statmnt for the Year Ended 30 Septembr 2021 |
||
|---|---|---|
| Page | ||
| **Repor of the Trust s ** | 1 | to2 |
| Independent Examiner's Report | 3 | |
| Statement of Financial Activities | 4 | |
| Balance Sheet | 5 | |
| Notes to the Financial Statement | 6 | to10 |
THE INSTI PRFVAT TE OF CLASSICAL OSTEOPATHY OMPANY LIM RANTEE forthg Yr Ended mber 2021 Thè trtee$ are also dir8dors of the thwFty for thè purposes of the COmpS A( 2006. present their Mport wpth the finanryal statemtS ol the tharity for the year gnd& 30 September 2021. The trustees have atkjpted the provIsn5 of AoxJnting and Re>rtIng by Chariti5". Stattsynwt of Recommornd8d Practice applkablè to tharrties preparing th accounts irn acrdanCe the Finala1 R8wJrbrg stdard applThbl8 in lh8 UK and R•pUbl ol Irdand IFRS 1¢r21 leffethve 1 J8nuary 20191. OBJECTIVES AND ACTIVITIES Obhcllve and almi The objecbv8s ol the chty are th and advancement ofda5sk81 0StpathY. ACHIEVEMENT AND PERFORMANCE Chwltabl• actlvlllg• During the year thè Instrtute continued to grow In rrnmb8rship. galning greater WKler interests wo4(10. FINANCIAL REMEW prtnclpal funding 8ourc•s The main 80urces of inrne the thwity receNes ar8 the donations for l0vIdIng Frf)St grpAu8te JUr8e5, LxJnf8renc88. rkshops, treatmw)ts, ètc. and annual subscfiplbn f885. Rr¥•9 poll¢y Th& Institthe wulres reasona>b reserves to fvnd L2rge gatrriNJ$ of PTaCtitwJners to d¢volop and deliver post gradualts urses. Conferènc5, rkShopS, etc, and genèrally to enablg the delivery of adUc&.al events leh may ml aways be seif-financiNJ. Golng e<>ncom The Institut& Ios spani a ridab amount of limè duriro the caused by Cowd19, updating the {rnes. For thè fUre, 8 great deal ol the moduk will take Flace online with fow Seminars in person per ye8r in renled )tstion8. The truste8s hope thos. hk)ng with 8 drive in sales prtsvont the Institutes reseNes depleting frther and (x)nsoquenUy the trust b8h.eve th9 Instituie remaiw a going L¥)ncem. STRUCTURE. GOVERNANCE AND mANAGE1T Gov•rnlng docum•nt The tharty is controlled by tts 90Mirj (hmjrnent. a de of trust, and oNrt(e$ a timitwj c£1mpy, lirnit&J by gu8ranlee. as defined by Companies Ad 2C4)6. RTlIMent and appoIntl of n•w trust• IN thg event of any cl the ojrront tru5tee5 resigning, the Tlain1r@ tnjstees wtjuld look to 8 furth8r arwintee vtho ha% sh¢y•m interest and commilmont over several years tlar$ Ihe Larity. REFERENCE AND ADMINIsTRATE DETAILS Reg18t•rod Company number 2755034 {EThJland W81&} R•gl•t•r•d Charlty nuftknr 1020193 R•glst•rèd offlca Timber Top 148 Bridge R08d Sarisbury Green SohmP Hampshire S0317EJ Tru8ttts Mr C P Batten Trust• Mr H Lee Trustee Miss B Chaggar Osteopath Mr D Gomez Etayo OstWP8th Mr B J Adwns 0stpalh PwJe 1
THE INSTITUTE LAS ATE COMPANY LI EOPATH NTE forthe Y•ar E r2021 REFERENCE AND ADMINISTPATIVE DETAILS Indendent Examlner A M ReMI FCA Chart Acajunlant MCLW Rwd 8rterBd Aco)mtanls 1 Fotstal Road AyW(*d ME20 7AU )prOV byorderof the lyJard oftrust885 on 28 June 2022 and swJned on Ks behaw by.. Mr H Lee. TDJSte8 P2
Ind• t Examtn•rf# R• OF to th• Tmltses PATrIY 14STI PRIV ITED Independent •xamln8rf8 report to th• 81•t$ of THE INSTITUTE OF CLASSICAL OSTEOPATHY A PRIVATE COMPANY LIMITED BY GUARA1Ee IYh• Comp•nl I rgP)rt lo Ihe charity trLteeS on rny examln8tKJn of the a¢<x)unts of tho CoMpY lof the y¢w endad 30 September 2021. Re•pon[ ind b•81 of r•port As the charitS truste95 of the CoThp8ny land also it¥ direthrs for th8 purposes ol 0jmY lawl you are reswnble for Ihe preparabon ofthe ac(xJunls in 8cuJrdanc with the reqLreM&nts of the Companies Ad 2C¢6 fihe 2 Acn. Having Satsfi rnyseff th the )ftts of the Qjmpany are not requiied to audii8d Under Part 16 of the Ad and dIble for independent eXaMatiOn, l port in respect of my &Mamination of y)ur tharivs &LX)unts as carried out wder seCtn 145 of tha Charitss Ad 2011 fth8 2011 Aci'l. In (anying out my ex8rnwtron I hove folmd the Llrections given by the Charity com)iss)n underseoth)n 14qS1 Ibl oftha 2011 Ad. Ind•p•nd•nt•x•mkn•¢• slal•m•nt I have o)mpletod my ewination. I confimi that no matters have comè to my att•ntion In [19c0n vAth the exaninatNJn giwng cause to believe: rx)unlng wwe wt kèrA in resp1 ofthe clanY 85 required by s8dion 386 ofthe 2CI)6 Act.. or the aco)unts do not acwrd tkjse r8ttJrds', or the p&x)unts do not mpty wlth the unI}rO rewirements of 396 of the 2£6 Act Dlher Ihan any requirement thal the aCCLJunis givg a true and fair is T)t a matter 0)nsered as part or inlependent exAminat)n,' or the au1)ts have prepared in acwrdL Mlh the mothcxls and prinrypth d the Ststwneni of Rect)Mrnjed ptic for ))n'D9 and rÈpJrbng by d)8rib8s {applkable to thti85 prepariThJ thdr unts in aC(X)rd8 vAlh thè Finandal RerortirvJ Siandofd ap1(ae in the UK and Repl1 c¢ IrPaTh IFRS 10211. I havg rK) cOnctr 8nd have rne ac¥oss no other matters 0)nnl wth the èxaminalon to %•knich 8ttentn should be dr*m in this rekxjrt in orderto a proper under3tandiThJ of aLwunts to be rethd. AMRddFCA McLgw R 1 Forsta Road Kt ME20 7AU 29 JU2022 PaJ8 3
THE INSTITUTE OF CLA $AL OSTEOPATHY PRIVATE C MPANY LIMITED BY UARANTEE al Advl 30S• 2021 2021 Unrestrict nd 2020 Total fvnds Notes INCOME AND ENDOWMENTS FROM Donats"C$ *ades (Aher tradSng tiV9$ Inv&slm8nt in(x)me 29,719 Total 29.770 55.936 EXPENDITURE ON Raisiro funds 12.522 67.642 h¥ltsbl• actlvltl•# Promotion and advaFKement of dassi¢al ost8cpathy 11,877 11,536 Totsl 24.&J9 79.178 NET INCOMW{expENDITUREI 5,371 123,2421 RECONCILIATION OF FUNDS Totsl fund• IxoughtfoNMryl 18.551 41.793 TOTAL FUNDS CARRIED FORWARD 23,922 18.551 The rKstes lom part ofthese finaAc4al statements Page 4
Td 1215 16N45 11 17ml 14951 12 1851 It •• dthl li T¢ thi
THE INSTITUTE OF CLASSICAL OSTEOPATHY PRfvAT COMPANY MITED B GUARANTE Notèj to for ACCOUNnNG POUCIES Bull of pr•parlng th• flnanelal $tstements The fina81 stat8ments of the charflablè oxjrnpany, which is a puNic benefit entity under FRS 102, have been preparÈd in awordanrA wth Ihe Charits&8 SORP {FRS 1021 'Aux)unling and ReportSNJ by charit.. Stalement of Reo)mrnended Prxtice appli(le to charibes pr8parirvJ thwf acD)Lmts in acwrd3 Wth the Finan(x81 Reporting Slandard wpli¢atAe in the UK Republic of IrdaThJ IFRS 1021 leffeGlive 1 January 20f91'. Flnandal ReNMtiThJ Stsndwd 102 Th¢ Finw¢i RerKKtlryJ Standar(J 8ppIKable in the UK and Rwublic of Irda[, the Companies Ad 20C6. The finanaal statemerts h8ve preparad urKler the historical ctst 0)nt)n. The tntsl8e5 consKlgr that there are material un(wtswties relabj to eVts or ¢yJndftions that may cast slgnrficont dovbt etrul the abl ofthe tharity to oNrtinue as a Ing eoncom. All ino)rne is iea)gnis¢d in the Ststement of Finan(xal A(vitw On th8 chwty hes tyement to thè funds, it ss probablè Ihatthe irKvme be 1¥¢ 8nd th8 Unt can b8 measur8d reliatrty. Expndlturfj Liabilit ar8 ra(x)gni8ed as expen¥Jrturn as soon 8$ Ihwe is a legal o)rK%tru(we obligation c4)nwnittsng Ihe tharity to Ihat expendrture. it is PTobabk th8¢ 8 transfer of BnOMiC bgnefts wil be required in settl8rnWIt and the amount ol the oblKJatkJn Can rne85ur reliabty. E4wndilur8 is a¢ted for on an b&sis and has been dassrflad un¢Jor hthings that aggwate al cost rebled to Ihe catewry. Wh9re ISts be directty attribLrt8d to partvJt8r headiNJs they have b88n dk)¢2ted lo ts"Vrts a basi8 (x)nsistent ith the of resoure49. Trad• marks Amorti4atKJn is provhled at a 15% on redudThJ balanee in wtler tts write off each assat over ts eslimaled useful life. Tan9Jbl• fix•d o•0ts DepreckgtKJn Is provK18d at lh8 folk)vAn9 annual rates In lYr to write off each asset over its ¥StIrnat u5efiJl Plant * machinery 15% reduryrvj balance Stocks are value¢ at tre of and nèt r8aisablo value. after rnaklryd du• a1kny8 for Obs0 ow ffloving items. Tsxavon The charity is &xmpt IrDrn rprrt.on tax on ts tharIta) actNibe5. Fund tt¢ounllng Unrestrlcbj funds can be used in a¢>J)rdan(• th the charit4)b¢)bJocves at th& d&c*etw)n of thetrustees. OTHER TRADING ACTMTIES 2021 2020 SubscriptKJns and rnOOtirys Bctjk and 8ales IneA)rn8 from courses hdd 88neh & rojm hire 10.921 6.801 11,897 6,832 12256 33.106 3.742 29,719 ,936 PwJe 6 o)ntinuwJ...
THE INSTITUTE OF CLASSICAL OSTEOPATHY A PRIVATE COMPANY LIM D BY GUARANTE ndal Y•ar End 30 So INVESTME1 INCON 2020 Intérest receiv&J NET INCOMEIIEXPENDITURE} N8t irKxJmellexpenditur•) is stated th ChW9¥¢rWjthng).. 2021 2020 DepwNgtTr. owned Patents and linCeS amorbsath)n 215 TRUSTEES. REMUNERATION AND BENEFITS Duriro th8 y8ar, trustg9s recei%Ed £4,128 {2020." £7,848) as fBe6 fcf lecturiro to students. Trust•M' •xp•nso• During the yeartN8 tnjstses re re-Knbursed £n412020'. £6931 in expens8S. COMPARATIVES FOR THE STATEIENT OF FINANCIAL ACTivrrES Unrestritad fund INCOME AND ENDObYMENTS FROhl Olher tradirg athrfigs 55,9 EXPENDITURE ON Rai%iThJ funds 67,642 Chorltable actlvHI•s Promotion and advwwtwnt ofdaWl tssteopathy 11.536 Totsl 79,178 NET INCOIAIEXPENDITURE) {23.2421 RECONCILIATION OF FUNDS TotAI fund• IxoughtfoThvaY 41,793 TOTAL FUNDS CARRIED FORWARD 18,551 Page 7 tontinu,..
THE INsnTUTE F CLASSICAL OSTEOPATHY PRfvATE COMPANY LIMITED GUARAN I Stats nd•d 30 Sè for rnr 2021 IYTANGBLE FIXED ASSETS Patents and IKnc88 COST At 1 Odober 2020 and 30 September2021 170 AMORTISATION At 1 October 2020 ch49 for year 143 AI 30 Septomber 2021 NET BOOK VALUE At 30 Sèptember 2021 At 30 September 2020 27 TANGIBLE FIXED ASSETS Plant and machin8ry COST At 1 October 2020 and 30 S8pknber 2021 14,469 DEPRECIATION At 1 October 21r20 Chw9e foryear 13,039 215 AI 30 Septmbgr2021 13.254 NET BOOK VALUE At 30 Septembw 2021 1,215 At 30 septb 2020 STOCKS 2021 2020 2,597 10. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2021 2020 Tr*Je debtors Piepayynents 1,017 283 326 Page 8 contlnu•J...
THE INSTITUTE OF CLASSICAL OSTEOPATHY A PRIVATE COMPANY LIMITED BY ARANTEE elal End•d 30 S• 21 11. CREDITORS: AMOUNTS FALUNG DUE SMTHIN ONE YEAR 2021 2020 Trade creditors expenses 1,022 1,826 1.740 5,222 2.848 12. MOVEMENT IN FUhlDS Net movement in funds At 1.1020 At 30.9.21 unr9strl¢t funds General fund 18,551 5.371 23,922 TOTAL FUNDS 18,551 5.371 23.922 Net r¥nt in furth. induded in the a0ve are as folhM: Incoming Xpdj ID fvnds Unr•strletsd furKI¥ eral ld 29.770 124,3991 5.371 TOTAL FUNDS 29.770 124,3991 5,371 compara11v for movgmont In lunds Al 1.10.19 At 1.9.20 irtfunds unr•trkt fuThls General fun 41.793 123,2421 18.551 TOTAL FUNDS 41,793 {23,2421 18,551 Comp8ratNe Tret movemant in fund knduded in the *xJve areas folky.. In(mirj resources Re9)ur5 exn Mo¥ern¢nt in funds Unr•8trkt•d funds General fund 55.936 179.1781 123,2421 TOTAL FVNOS 55,936 {79.1781 123.2421 PwJg 9 ntinued...
THE INSTITUTE OF CLASSICAL OSTEOPATHY A PRNATE COMPANY rrED BY nelal S ar End•d 30 n•r 20 12. MOVEMENT IN FUNDS- eonllnuod A rrOnt year 12 months al pric year 12 rwnths cornbin8d P)sitn 1$ 8$ follows.. At 1.10.19 vement in funds At 30.9.21 UnrBStrlcted fund• Generalfund 41,793 117,8711 TOTAL FUNDS 41,793 {17.8711 Y3,922 A ojrrenl y88r 12 months and prior year 12 months c£¥nned net mvem8nt in fu8, induded in the above are as lolbws: Incomiw Rèsourc85 gxpgnd Movement In funds Unr•strlct8d fvnd• General fvnd 85.706 {103.577} 117,8711 TOTAL FUNDS 85.71 1103,5771 {17,8711 13. RELATED PARTY D15CLOSURES Related paty transactior$ are red in 5 to thefinanc¥al Statsrnts. Page 10