Charity registration number 1044867
BRITISH SOCIETY OF SPECIAL CARE DENTISTRY
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023
BRITISH SOCIETY OF SPECIAL CARE DENTISTRY
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees Mr P Bateman Ms S Rafique Ms C Curl Ms R Willis Ms S Buckingham Mr A Geddis Regan Mr G Walton Mr A Kwasnicki Charity number 1044867 Principal address 50 Fetlock Drive Newbury Berkshire RG14 7WR Independent examiner Mark Adrian Gold Silver Levene LLP Chartered Certified Accountants Level 5A, Maple House London W1T 7NF
BRITISH SOCIETY OF SPECIAL CARE DENTISTRY
CONTENTS
| Page | |
|---|---|
| Trustees report | 1 - 2 |
| Independent examiner's report | 3 |
| Statement of financial activities | 4 |
| Balance sheet | 5 |
| Notes to the financial statements | 6 - 10 |
BRITISH SOCIETY OF SPECIAL CARE DENTISTRY
TRUSTEES REPORT
FOR THE YEAR ENDED 30 SEPTEMBER 2023
The trustees present their annual report and financial statements for the year ended 30 September 2023.
The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the governing document, the Companies Act 2006 and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (as amended for accounting periods commencing from 1 January 2016).
Objectives and activities
The objects are to promote, preserve and protect the oral health of people with disabilities, throughout England and Wales.
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.
Achievements and performance
At the year end date the society is in a sound position with net assets totaling £106,792. This constitutes a significant improvement in financial position over the past 12 months.
The improvement in the financial position is a result of the following:
1. Surplus from teaching and training events including:
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BSSCD Spring and Winter conferences
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Joint study day with Royal College of Surgeons of England
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Joint study event with BASCD
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Executive committee meetings being held online twice yearly and face to face once yearly reducing travel costs
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Continuing increase in membership numbers
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Online journal access
Moving forward the current financial position should allow the society to further strengthen its work to meet the societies key objectives which are to bring together all those interested in the oral care of people with disabilities, and to co-produce all of its workstreams with the relevant stakeholders, including health professionals and service users.
Key workstreams for the next financial year include:
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Increase comms and marketing to promote the society
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Training events and conferences
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Joint working with partners such as IADH, BSG.
Financial review
Over the past few years, the executive committee have become increasingly aware that the society needed modernizing in order to meet the requirements of its members.
Changes to the frequency of the Journal of Disability and Oral Health (JDOH) and a move to online only access has significantly reduced the cost to the membership whilst maintaining the quality of the content and membership benefits such as verifiable continued professional development in relation to Special Care Dentistry. The Winter 2022 and Spring 2023 conferences were a great success both in terms of numbers of members attending and the profitability of these study days.
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BRITISH SOCIETY OF SPECIAL CARE DENTISTRY
TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2023
Structure, governance and management
The charity was established by a charitable trust deed on 9 December 1994 as amended on 7 December 2001.
The trustees who served during the year and up to the date of signature of the financial statements were: Mr P Bateman
Ms S Rafique Ms C Curl Ms R Willis Ms S Buckingham Mr A Geddis Regan Mr G Walton Mr A Kwasnicki
The Trustees report was approved by the Board of Trustees.
.............................. Ms S Buckingham Trustee
Date: .............................................
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BRITISH SOCIETY OF SPECIAL CARE DENTISTRY
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF BRITISH SOCIETY OF SPECIAL CARE DENTISTRY
I report to the trustees on my examination of the financial statements of British Society of Special Care Dentistry (the charity) for the year ended 30 September 2023 which comprise the Statement of Financial Activities, the Balance Sheet and related notes.
This report is made solely to the charity’s trustees, as a body, in accordance with section 145 of the Charities Act 2011. My work has been undertaken so that I might state to the charity’s trustees those matters I am required to state to them in this report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity’s trustees as a body, for my work, for this report, or for the opinions I have formed.
Responsibilities and basis of report
As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (the 2011 Act).
I report in respect of my examination of the charity’s financial statements carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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1 accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act; or
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2 the financial statements do not accord with those records; or
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3 the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.
Mark Adrian Gold Silver Levene LLP Chartered Certified Accountants Level 5A, Maple House 149 Tottenham Court Road London W1T 7NF
Dated: .........................
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BRITISH SOCIETY OF SPECIAL CARE DENTISTRY
STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 30 SEPTEMBER 2023
| Unrestricted | Unrestricted | ||
|---|---|---|---|
| funds | funds | ||
| 2023 | 2022 | ||
| Notes | £ | £ | |
| Income from: | |||
| Charitable activities | 2 | 49,592 | 56,649 |
| Investments | 3 | 1,594 | 44 |
| Total income | 51,186 | 56,693 | |
| Charitable activities | 4 | 34,637 | 34,226 |
| Net income and movement in funds | 16,549 | 22,467 | |
| Reconciliation of funds: | |||
| Fund balances at 1 October 2022 | 90,243 | 67,775 | |
| Fund balances at 30 September 2023 | 106,792 | 90,242 |
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
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BRITISH SOCIETY OF SPECIAL CARE DENTISTRY
BALANCE SHEET
AS AT 30 SEPTEMBER 2023
| Notes Current assets Debtors 9 Cash at bank and in hand Creditors: amounts falling due within one year 10 Net current assets The funds of the charity Unrestricted funds |
2023 £ 11,795 94,997 106,792 - |
£ 106,792 106,792 106,792 |
2022 £ - 90,423 90,423 180 |
£ 90,242 |
|---|---|---|---|---|
| 90,242 | ||||
| 90,242 |
The financial statements were approved by the trustees on .........................
.............................. Ms S Buckingham Trustee
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BRITISH SOCIETY OF SPECIAL CARE DENTISTRY
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023
1 Accounting policies
1.1 Accounting convention
The accounts have been prepared in accordance with the Charities Act 2011 and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (as amended for accounting periods commencing from 1 January 2016). The charity is a Public Benefit Entity as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.
The accounts have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2 Going concern
At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives unless the funds have been designated for other purposes.
Unrestricted funds are funds which the trustees are free to use in accordance with the charity's objectives.
The trustees may set aside designated sums forming part of the charity's unrestricted funds to be used for a particular purpose in the future. Such sums are described as designated funds and are accounted for as part of the charity's unrestricted funds. The trustees have the power to reallocate such funds within unrestricted funds unless and until expended.
1.4 Income
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
1.5 Expenditure
Expenditure is classifed under the principal categories of cost in furtherance of charitable activities and grants awarded rather than the type of expenses, in order to provide more useful information to users of the financial statements.
Governance costs comprise all costs involving the public accountability of the charity and its compliance with regulation and good practice.
1.6 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
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BRITISH SOCIETY OF SPECIAL CARE DENTISTRY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2023
1 Accounting policies
(Continued)
1.7 Financial instruments
The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
Impairment of financial assets
Financial assets, other than those held at fair value through income and expenditure, are assessed for indicators of impairment at each reporting date. Financial assets are impaired where there is objective evidence that, as a result of one or more events that occurred after the initial recognition of the financial asset, the estimated future cash flows have been affected.
If an asset is impaired, the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in net income/(expenditure) for the year.
If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised, the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been, had the impairment not previously been recognised. The impairment reversal is recognised in net income/(expenditure) for the year.
Derecognition of financial assets
Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled, or when the charity transfers the financial asset and substantially all the risks and rewards of ownership to another entity, or if some significant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party.
Basic financial liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
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BRITISH SOCIETY OF SPECIAL CARE DENTISTRY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2023
1 Accounting policies
(Continued)
Derecognition of financial liabilities
Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.
2 Charitable activities
| Membership | Membership | |
|---|---|---|
| Subscriptions | Subscriptions | |
| 2023 | 2022 | |
| £ | £ | |
| Sales within charitable activities | 49,592 | 56,649 |
3 Income from investments
| Unrestricted | Unrestricted | ||
|---|---|---|---|
| funds | funds | ||
| 2023 | 2022 | ||
| £ | £ | ||
| Interest receivable | 1,594 | 44 | |
| 4 | Charitable activities | ||
| 2023 | 2022 | ||
| £ | £ | ||
| Share of support costs (see note 5) | 1,512 | 9,389 | |
| Share of governance costs (see note 5) | 33,125 | 24,837 | |
| 34,637 | 34,226 |
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BRITISH SOCIETY OF SPECIAL CARE DENTISTRY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2023
5 Support costs
| Support costs Governance costs £ £ Meetings: Winter and Spring 1,512 - Governance costs - 33,125 1,512 33,125 Analysed between Charitable activities 1,512 33,125 |
2023 £ 1,512 33,125 34,637 34,637 |
2022 Basis of allocation £ 9,389 24,837 Governance 34,226 34,226 |
|---|---|---|
Governance costs includes payments to the Accountants of £720 (2022: £720) for accountancy fees.
6 Trustees
None of the trustees (or any persons connected with them) received any remuneration during the year, but executive committee members were reimbursed £Nil (2022 - £0).
7 Employees
The average monthly number of employees during the year was:
| 2023 | 2022 | |
|---|---|---|
| Number | Number | |
| Total | - | - |
There were no employees whose annual remuneration was more than £60,000.
8 Taxation
The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.
9 Debtors
| Debtors | ||
|---|---|---|
| 2023 | 2022 | |
| Amounts falling due within one year: | £ | £ |
| Prepayments and accrued income | 11,795 | - |
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BRITISH SOCIETY OF SPECIAL CARE DENTISTRY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2023
10 Creditors: amounts falling due within one year
| Creditors: amounts falling due within one year | ||
|---|---|---|
| 2023 | 2022 | |
| £ | £ | |
| Accruals and deferred income | - | 180 |
11 Unrestricted funds
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.
| At 1 General funds Previous year: At 1 General funds |
October 2022 Incoming resources Resources expended At 30 September 2023 £ £ £ £ 90,243 51,186 (34,637) 106,792 October 2021 Incoming resources Resources expended At 30 September 2022 £ £ £ £ 67,775 56,693 (34,226) 90,242 |
|---|---|
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