COMPANY REGISTRATION NUMBER: 03182143 CHARITY REGISTRATION NUMBER: 1054534 The British Association of Day Surgery Company Limited by Guarantee Unaudited financial statements 31 December 2021
The British Association of Day Surgery Company Limited by Guarantee Financial statements Year ended 31 December 2021 Pages Report of the council 1to9 Independent examiner's report lo the Iruslees 10 Stslemenl of financial activities (including income and expenditure a¢¢ountl 11 Balan sheet 12 Notes to the financial statements 13to20
The British Association of Day Surgery Company Limited by Guarantee Report of the council Year ended 31 December 2021 The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31 December 2021. The financial statements have been prepared in accordance with the accounting policies set out in notes lo the accounts and comply with the charity's governing document, the Charities Act 2011 and Companies Act 2006 and Accounting and Reporting by Charities". Stslemenl of Recommended Practice applicable lo Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland publishèd in October 2019. Reference and administrative details Registered charity name The Brrtish Association of Day Surgery Charity registration number 1054534 Company registration number 03182143 Princlpal offlce and reglstered The Brf(ish Association of Day Surgery offlce Care of The Royal College of Surgeons of England Lincoln's Inn Fields London WC2A 3PE The Irustsos The trustees who served during the year and al the date of approval were as follows.. Ms J Marsden (Presidenll Dr M Sto¢ker Ilmmediate Past Presidenll (Until 24 September 20211 Dr K Russon Ilmmediate Past President) Mr D Bunting (President Elect) Ms F Belfield Iconference Secretary) Dr M Checketts Iconference Secretary) Mr A Kimble IHonorary Treasurer) Dr T Hinde IHonDrary Secretary) Mrs A Alen Icouncil Member) (Until 24 September 20211 Mr S Clee (Council member) Ms V Cubas (Council member) Mr E Dunslan Icouncil member) Mrs K Harries Icouncil member) Ms C Jack (Council member) Mrs S Leyshon Icouncil member) Dr J Mitchell (Council member) (From 15 October 20211 Dr R Morris (Council memberl Dr R Tibble (Council member) lfrom 24 September 20211
The British Association of Day Surgery Company Limited by Guarantee Report of the council (continued) Year ended 31 December 2021 Non Trustee Council Membe Mr M Rabie Mr M Harris DrT Byott Mr S Karavolos Miss M Morton ASIT represenlalive (Until September 20211 ASIT represenlalive (From September 20211 GAT representative Gynaecology iepresenlalive Ctropled Council Member Company secretary Dr T Hinde Independent examiner Mark Proctor FCA DChA Lovewell Blake LLP Chartered a¢countsnts Bankside 300 Peachman Way Broadland Business Park NoNrich NR7 OLB Bankers Barclays Bank PIC 5-7 Red Lion Street Norwich Norfolk NR1 3QH
The British Association of Day Surgery Company Limited by Guarantee Report of the council (continued) Year ended 31 December 2021 Oblectlves and actlvltles Promotion of the benefits, quality and efficiency of Day and Short Day Surgery in the United Kingdom, and inlernalionally. Organisation of an Annual Scientific Meeting together wlh other meetings open to members, non members and other health care professionals. Publication of the Journal of One Day Surgery on a quarterfy basis. Publication of handbooks for health professionals lo educate, infomi and promote topics related lo Day Surgery. Translation and publishing abroad of handbooks to assist the establishment of more consistent Day Care facilities. Provision of fellowships and bursaries lo members of the Association supporting education, research and development of Day Surgery. Provision of a website highlighting the Association's activities and promotion of shorter stsy surgery, facililaling communication with members and the public. Collaboration with other professional organisalions and government agencies to promote Day Surgery. Promotion of Day and Short Stsy Surgery in the media. Provision of advice and processlpalhway review on request lo Day Surgery units. Public Benefit The Council Members confirm that they have paid due regard to the Charity Commission's guidance on public benefit in deciding what activities The British Association of Day Surgery should undertake. The Association, founded in 1990, aims lo raise awareness and interest in Day Surgery. It influences and advises in the development of Day Surgery Services. In addition the Association recommends standards of best practice which will improve the service available lo the public. The Annual Scientific Meeting encourages presentation of educational and practical information, together with providing a networking opportunity between the many disciplines involved in Day Surgery. Access lo the website provides educational material for the Public and Healthcare Professionals alike together with the facility lo purchase publications on line. The quartedy Journal of One Day Surgery enables original work to be published and new advances in Day Surgery to be discussed with a wider audience.
The British Association of Day Surgery Company Limited by Guarantee Report of the council (continued) Year ended 31 December 2021 Achlevements and performance The impact of the Covid-19 pandemic still resonates in the NHS, with unprecedented demand for elective and emergency surgery against a background of limited capacity. This has raised the profile of day surgery delivery and that of BADS, il being the only association in the UK dedicated lo promoting excellence in the delivery of day surgery care. BADS success In developing hybrid ways of working means il has flexibility lo ensure delivery of ils charitable aims wthout interruption or delay. Membership Our membership continues to grow and is currenlly nearing 600. Governance This continues to be strengthened wth the addition of an Anli-Fraud and Corruption and Principles lo Manage Tenders policies. Educational Meetings These consist of the BADS annual conference and an expanding programme of virtual, one-day, speciality- specific meetings run in collaboration with Healthcare cOnferenS UK. Both have been well attended and received favourable feedback. The annual Conferen in March 2021 took place virtually bul it is planned lo resume face-tO•face attendan from June 2022. Collaboratlons wlth other oryanlsatlons and assoclatlons These are expanding, in keeping with the aims of our charity and examples currently include advising Gelling il Right First Time surgical wotk5treams and the associated Model Hospital System day Surgery benchmarking metrics. Some BADS Council members are cTraulhors for the Royal College of Anaeslhelisls Guidelines for Provision of Anaesthesia Services for Day Surgery, which is used by the College in ils ac¢r&Llilalion program. Further mutually beneficial relationships are being developed wth the Association of Perioperative Praclilioners and thè British Society of Interventional Radiology. In the Winter or 2021, BADS ran an invited series of webinars about day surgery delivery for Public Health Victoria in Australia. Publications BADS publications consist of speciality handbooks and its Directory of Procedures and Directory of produreS National Dalasel. All publications are being moved online to our website, which wll improve their accessibility and reduce printing expenditure. Financial review Income for the year amounted to £97,635 12020.. £71,069) and after deducting expenditure of £83,440 12020.. £63,418), the net income for the year amounted to £14,19512020.' £7,651). Investment PoliTCy The Council members consider that there are no fund5 available for long-tetm investment and, having considered the options available, have decided lo place available funds in Bank Deposit Accounts.
The British Association of Day Surgery Company Limited by Guarantee Report of the council (continued) Year ended 31 December 2021 Flnanclal revlew (continue Reswvgs Policy Despite a challenging year for members In responding lo the Covid-19 pandemic, a Combination of ptudenl management and adjustment of our conference offer has resulted in al no requirement lo call upon our reserves during the last financial year and bl a further improved financial position for BADS. No major calls upon capitsl are anlicipaled outside of planned expenditure during 2022123. As a consequence the considered view is that the proposed level of reserves held during 2022123 remain unchanged. The committee has concluded that a prudent range of reserves lo be held from unrestricted funds not ¢ommitted would be a minimum of six months operating costs and a maximum of 12 months operating ¢osls. For 2022123 this is proposed lo be towards the higher end of the range given the pa'CULar context of Covid-19 pandemic. This would amount to £120,000. Free reserves at the year end amounted to £191,912 12020.. £177,717). The surplus reserves will be used lo help the charity to maintain its presence and provide education in day surgery practi in the ever more challenging environment of the NHS. The charity hopes to develop benchmarking for all NHS trusts to use and work towards an accredilatlon program for day surgery. Totsl restricted reserves al the year end amounted to £10,02512020'. £10,025). Principal Funding Sourcos The principal source of funds is income from exhibition meetings and strategic alliances, together with member subscriptions. Plans for future periods The Council aims lo continue in ils activities lo meet the objectives of the charity and is working closely with Govemmenl departments lo assist in the achievement of new goals for the Health Service.
The British Association of Day Surgery Company Limited by Guarantee Report of the council (continued) Year ended 31 December 2021 Plans for future perlods (continued) Impact of Covld 19 Financial and Operational Impact of Covi&19 As part of our ongoing governance processes, Trustees have tsken stock of the risk and impact of Covid-19 on the Charity and enSUd that appropriate and proportionate risk mitigation is in place. The Trustees identified the following risks.. Income Reputation Continuity In¢ome Risks.. BADS income is derived from three main sources. Sales of literature. Membership fees Isubscriptionsl Exhibitions, meetings and strategic alliances. Income from both Subscriptions and Literature sales are up on the previous year. Subscriptions are generally paid al the start of the year and are not deemed a risk within this accounting period due lo Covid- 19. However, BADS recognises that dis¢relional funding available within NHS Trusts and NHS Foundation Trust in 2021122 may be negatively impa¢led upon and result in a decrease in membership subscriptions and sale of booklets and leaflets. The Trustees have considered a 'worse case. and 'likely Case. scenario. Under the worse case scenario subscription income in 202112022 could drop by as much as 50%. The financial impart of this would be a reduction in income in the region of £17,000. 11 is also possible that post Cover, more NHS Trusts and NHS Foundation Trusts will seek lo further expand their day case capability and capacity as there is a clear evidence base of both quality and financial benefits. The Trustees recognise that Covid-19 may negatively impact Upon the profits of strategic allies and as a consequence place at risk the income from strategic alliances. However, 3 year contracts are in place which would guarantee income in 2021122. Reputation risks.. BADS council have a strong professional reputation and a solid govemance framework which is continually reviewed and revised as appropriate. During 2019120 the Council acquired further expertise amongst the Trustees and reviewed and revised several policies and procedures. These include Conflict of Interest policy, declaration and management Induction Reserves Policy Trustees believe that these have further strengthened our corporate governance arrangements and further mitigated potential repulalional and financial risks.
The British Association of Day Surgery Company Limited by Guarantee Report of the council (continued) Year ended 31 December 2021 Plans for future perlods (continued) Impact of Covld 19 Icontlnuedl Continuity risks.. Risks for continuity arise from the potential loss of key council members. This risk is miligaled by. Succession planning Documented role descriptions Documented processes Policies. Operational Impact." In light of Covid-19 and conscious that significant numbers of Council members are NHS keyworkers, BADS has taken steps lo enable its council meetings to continue virtually via Zoom. We have a single employee and arrangements are in place to work remotely from home. The most significant impact has been on our Annual Conference which was scheduled lo lake place In June 2020. The annual conference is a significant opportunity lo showcase developments and further progress the important role that day surgery can play in continuous quality Improvement across thè NHS. Thè conference has been rescheduled for March 2021, Financially the risks associated with expenditure on the conference are mitigated by the timings of deposits and fees. Our conference venue for 2020, Cardiff, has agreed to roll over the contract lo March 2021. 11 is possible that as the NHS enters the next phases of operations post the immediate Covid crisis that operational pressures nay impact upon release lime during 2020121 and as a consequence conference attendances. It is too early lo determine this al this point and socouncil will continuously monitor the position and adjust our approach accordingly. In summary, Trustees do not consider that the operational or financial impact of Covid-19 present unmitigated risks lo the ongoing work of BADS. Structure, governance and management Goveming Document The organisalion is a charitable company limited by guarantee, incorporated on 3 April 1996 and registered as a charity on 11 April 1996. The company was established under a Memorandum and Articles of Association which estsblished the objects and powers of the charitable company and Il Is govemed under ils Articles of Association. Ils objects are lo promote education and research, to expand the utilisalion of Day Surgery In the United Kingdom and lo sel standards for the benefit of patients.
The British Association of Day Surgery Company Limited by Guarantee Report of the council (continued) Year ended 31 December 2021 Structure. governance and management (continu8dJ Recruitment andAppointmgnt of CounciTI members The Members of the Council ale also directors of the company for the purposes of company law. Under the requirements of the Articles of Association one third of the Members of the Council are required to retire from office each year and are eligible for re-election at the next Annual General Meeting. In looking for new Members of the Council the Council Members will bear in mind the experience and qualification of possible candidates. The successful candidates are elected by a meeting of the existing Council Members. Councll Members The Council Members, who are also Trustees and Directors, who served during the year and up to the date of this report are shown Dn page 1. Trustee Induction and Training New Council Members will be provided wth copies of.. . The Memorandum and Article5 of Association The lalèsl accounts of the Charity and are encouraged lo ad Charity Commission guidance notes CC3- "The Essential Trustee". What you need lo know, what you need lo do" In addition Council Members are encouraged lo read Charity Commission and other newsletters and lo attend courses designed lo keep them abreast of their duties and responsibilities. Rlsk Management The Association has conducted a review of the risks ID which the charity may be exposed. Systems have been PLJt in pla to reduce those risks. Risks are minimised by the procedures developed for authorisation of transaclions, publications and projects. The risks in funding are mitigated by the reserves policy which is reviewed yearly by the Council. Oryanisational Structure The company is governed by the Council Members, who meet six times a year as well as al the annual 501enlific meeting. The day-to-day administration of the charity Is delegated to the Administrative Manager. Independent gxamlngr Mark Proctor FCA DChA of Lovewell Blake LLP will be reappointed as independent examiner for the ensuing year. Small company provisions This report has been prepared taking advantage of the small companies, exemption of section 415A of the Companies Act 2006.
The British Association of Day Surgery Company Limited by Guarantee Report of the council (continued) Year ended 31 December 2021 The report of the council was approved on by: 20 September 22 and signed on behalf of the board of trustees Dr T Hinde Secretsry
The British Association of Day Surgery Company Limited by Guarantee Independent examiner's report to the trustees of The British Association of Day Surgery Year ended 31 December 2021 I report lo the charity trustees on my examination of the financial statements of the company for the year ended 31 DeMber2O2l which comprise the stslemenl of financial activities (including income and expenditure account), balance sheet and the related notes. Responslbllltle$ and basls of report As the charity's trustees of the company land also ils directors for the purposes of company lawl you are responsible for the preparation of the financial slalements in accordance with the requirements of the Companies Act 2006 Ilhe 2006 Act'l. Having satisfied myself that the financial slalements of the company are not required lo be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your company's financial statements as carried out under section 145 of the Charities Ad 2011 I'the 2011 Act'l. In carrying out my examination I have followed the Directions given by the Charity Commission under section 14515llbl of the 2011 Act. Independent examinefs statement I have completed my examination. I confirm that no matters have come lo my attention in connection with the examination giving me cause lo believe that in any material respect.. accounting records were not kept In respect of the company as required by section 386 of the 2006 Act," or the financial slalements do not accord with those records", or the financial slalements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'lrue and fair, view which is not a matter considered as part of an independent examination., or the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordan with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. I have no COnmS 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 accounts to be reached. Mark Proctor FCA DChA Independent Examiner Lovewell Blake LLP Chartered accounlanls Bankside 300 Peachman Way Broadland Business Park Norwich NR7 OLB 26 September 2022 10-
The British Association of Day Surgery Company Limited by Guarantee Statement of financial activities (including income and expenditure account) Year ended 31 December 2021 2021 Restricted funds Total funds 2020 Unrestricted fund5 Total funds Note In¢ome and gndowmgnts Charitsble activities Investment income 97,617 18 97,617 18 70,885 Total income 97,635 97,635 71,069 Expenditure Expenditure on raising funds.. Costs of other trading activities Expenditure on charitable activities Total expenditure 19661 182,4741 183,4401 19661 182.4741 183.4401 12,2041 {61,2141 {63,4181 Net income and net movement in funds 14,195 14,195 7,651 Reconclllatlon of funds TOL91 funds brought forward Totsl funds carrled fonNard 177,717 10,025 187,742 180,091 191,912 10,025 201,937 187,742 The stslemenl of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from Continuing activities. The notes on pages 13 to 20 form part of these financial statements. 11
The British Association of Day Surgery Company Limited by Guarantee Balance sheet 31 December 2021 2021 2020 Note Current assets Debtors Cash at bank and in hand 14 27,552 183,136 14,545 184,512 210,688 199,057 Creditors.. Amounts falllng due wlthln one year 15 18,7511 111,3151 Net current asse1$ 201,937 187,742 Total assets le$$ currgnt liabiliti9$ 201,937 187,742 Net assets 201,937 187,742 Funds of the charity Restricted funds Unrestricted funds 10,025 191,912 10,025 177,717 Total charity funds 18 201,937 187,742 For the year ending 31 December 2021 the charity was enb'tled lo exempb'on from audit under secb'on 477 of the Companies Act 2006 relating lo small companies. Directors, responsibilities". The members have not required the company to obtain an audit of ils financial statements for the year in question in accordance with section 476.. The directors acknowledge their responsibilities for complwng with the requirements of the Act with respect lo accounting records and the preparation of financial ststemenls. These financial slalements have been prepared in accordance with the provisions applicable lo companies subject lo the small companies, regime. These financi I slalemenls were approved by the board of trustees and aulhorised for issue on and are signed on behalf of the board by.. Ms J Marsden (Presidenll Trustee Mr A Kimble (Honorary Treasurer) Trustee Company registration number.. 03182143 The notes on pages 13 to 20 form part of these financial statements. 12-
The British Association of Day Surgery Company Limited by Guarantee Notes to the financial ststements Year ended 31 December 2021 General Infomiatlon The charity is a private company limited by guarantee registered in England and Wales, and a registered charity in England and Wales. The address of the registered office is The British Association of Day Surgery clo The Royal College of Surgeons of England, Lincoln's Inn Fields, London WC2A 3PE. The principal activity of the charity is the promotion of the benefits, quality and efficiency of day and short surgery in the United Kingdom and internationally. statement of compliance The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with 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 issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland IFRS 1021, the Charib'es Act 2011, the Companies Act 2008 and UK Generally Accepted Accounting Practice. Accountlng pollcles la} Basls of preparatlon The financial slalements have been prepared on the historical cost basis. The financial slalements are prepared in sterling, which is the functional currency of the entity. Ibl Going concern The financial statements have been prepared Dn the going concern basis as the Council believe that no material uncertainties exist. The Council have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure is sufficient with the level of reserves for the charity to be able to continue as a going concern. The Council have given consideration lo the impact of Covid 19 when making this assessment. Ic} Judgements and key sources of estlmatlon uncertalnty The preparation of the financial slalemenls requires management lo make judgements, estimates and assumptions that affect the amounts reported. These eslimales and judgements are continually reviewed and are based on experience and other fadors, including expectations of future events that are believed lo be reasonable under the circumstances. Idl Fund accounting Unrestricted ftjnds are available for use al the discretion of the trustees lo further any of the charity's purposes. Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal. 13-
The British Association of Day Surgery Company Limited by Guarantee Notes to the financial ststements (c¢)nfynvedJ Year ended 31 December 2021 Accountlng pollcles (continued) le} Income All income is Included in the statement of financial activities when enlillemenl has passed to the charity, il is probable that the economic benefits associated with the transaction will flow lo the charity and the amount can be reliably measured. The following specific policies are applied lo particular categories of income". Income from book sales are accounted for when earned. Subscriptions are recorded on a receivable basis, less amounts written off as irrecoverable. Income from exhibitions, meetings and conferences are accounted for in the period the exhibition, meeting and conference Dccurs. Investment income is induded when receivable. lfj Expendlture Expenditure is recognised on an accruals basis as a liability Is Incurred. Expenditure includes any VAT which cannot be fully recovered, and is Classified under headings of the statement of financial activities to which it relates". expenditure on raising funds includes the costs of all fundraising aclivilies, events, non-charitsble trading aclivilies, and the sale of donated goods. expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its benefi¢iaries, including those support costs and costs relating lo the governance of the ¢harily apportioned lo charitable aclivilies. other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities. All costs are allocated to expenditure categories refiecting the use of the resource. Direct costs attributable lo a single activity are allocated directly ID that activity. Shared costs are apportioned beeen the activities they contribute to on a reasonable, justifiable and consistent basis. Igl Tanglble assets All fixed assets are initially recorded al cost. The costs of minor additions or those costing below £500 are not capilalised. Ihl Depreciation Depreciation is calculated so as to WTile off the cost or valuation of an asset, less its residual value. over the useftjl economic life of that asset as follows.. Fixtures, fittings and equipment President's pendant 25Q/o Straight line straight line 14-
The British Association of Day Surgery Company Limited by Guarantee Notes to the financial ststements (c¢)nfynvedJ Year ended 31 December 2021 Accountlng pollcles (continued) 111 Operatlng lease agreements Rentsls applicable to operating lèases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the peiiod of the lease. til Financial instruments A financial asset or a financial liability is recognised only when the entity becomes a party lo the contractual provisions of the inslrumenl. Basic financial instrLJments are initially recognised at the amount receivable or payable including any related transaclion costs, unless the arrangement constilutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Current assets and current liabilities are subsequenuy measured at the cash or other consideration expected lo be paid or received and not discounted. Ik} Deflned contrlbutlon plans Contributions lo defined contribution plans are recognised as an expense in the period in which the related service is provided. Limited by guarantee The charity is a company limited by guarantee and does not have a share capital. The members have guaranteed that in the event of the Charity being wound up during their membership or one year thereafter, each would contribute to the assets of the charity a sum not exceeding £1. Charitable activities Unrestricted Total Funds Unreslricled Total Funds Funds 2021 Funds 2020 Sale of books and booklets Subscriptions Exhibition5, meetings and strategic alliances 5,773 41,076 5,773 41,076 5,962 25,702 5,962 25,702 50,768 50,768 39,221 39,221 97,617 97,617 70,885 70,885 Investment income Unrestricted Total Funds Unrestricted Total Funds Funds 2021 Funds 2020 Bank interest receivable 184 15-
The British Association of Day Surgery Company Limited by Guarantee Notes to the financial ststements (c¢)nfynvedJ Year ended 31 December 2021 Costs of other tradlng actlvltles Unrestricted Total Funds Unrestricted Total Funds Funds 2021 Funds 2020 Printing kx>oks and b¢x>klets 966 966 2,204 2,204 Expenditure on charitable activities Unrestricted Total Funds Unrestricted Total Funds Funds 2021 Funds 2020 Printing expenses Annual Saentific Meeting staff costs Depreciation Rent and service charges Website and computer costs Printing, postage and stslionery Accountancy-payroll and VAT Subscriptions payable Unrecoverable VAT Bank charges Telephone Sundry expenses Governance costs 7,331 19,136 34,387 7,331 19,136 34,387 8,075 235 32,416 8,075 235 32,416 1,399 9,865 1,249 1,172 1,563 121 442 1,399 9,865 1,249 1,172 1,563 121 442 3,217 4,500 1,411 1,462 1,475 3,217 4,500 1,411 1,462 1,475 11 1,364 259 531 35 6,225 61,214 1,364 259 531 35 6,225 61,214 334 5,598 82,474 334 5,598 82,474 Governance costs comprises". Unrestricted Funds Restricted Totsl Funds Total Funds funds 2021 2020 Independent examination fees Legal and professional fees Council and meeting expenses Council members. liability expenses 3,155 1,125 818 500 3,155 1.125 818 500 3,190 2,692 343 5,598 5,598 6,225 Net Income Net income is stsled after chargingllcreditingl.. 2021 2020 Depreciation of tangible fixed assets Lease rental payments 1,399 3,499 16-
The British Association of Day Surgery Company Limited by Guarantee Notes to the financial ststements (c¢)nfynvedJ Year ended 31 December 2021 10. Independent examlnatlon fees 2021 2020 Fees payable lo the independent examiner for". Independent examination of the financial slalements Other financial services 3,155 1,172 4,327 3,190 1,462 4,652 11. Staff costs The total staff costs and employee benefits for the reporting period are analysed as follows.. 2021 2020 Wages and salaries Employer contributions lo pension plans 32,754 1,633 30,872 1,544 34,387 32,416 The average head count of employees during the year was 1 12020." 11. The average number of full- time equivalent employees during the year is analysed as follows. 2021 No. 2020 No. Office and administration No employee received employee benefits of more than £80,000 during the year12020'. Nill. Key Management Personnel There were no key management personnel during the year. 12. Trustee remuneratlon and expenses No iemuneralion or other benefits from employment with the charity or a related entity were received by the Council members. During the year 3 Council members received expenses in the course of their duties in respect of travelling, subsistence and accommodation totslling £69612020.. 11 members, £1,653). 17-
The British Association of Day Surgery Company Limited by Guarantee Notes to the financial ststements (c¢)nfynvedJ Year ended 31 December 2021 13. Tanglble flxed assets Flxtures. flttlngs and Presldent's equlpment pendant Total Cost At 1 January 2021 Disposals At 31 December 2021 7,462 17,4621 529 7,991 17,4621 529 529 Depreciation At 1 January 2021 Disposals At 31 December 2021 7,462 17,4621 529 7,991 17,4621 529 529 Carrying amount At 31 December 2021 At 31 December 2020 14. DebtOTS 2021 2020 Prepayments and accrued income Other debtors 1,178 26,374 3,555 10,990 27,552 14,545 15. Creditors.. Amounts falling due within one year 2021 2020 Accruals and deferred income Social security and other taxes Other creditors 7.475 1.080 196 8.610 2,210 495 8.751 11,315 16. Deferred Income 2021 2020 At 1 January 2021 Amount released to income Amount deferred in year At 31 Dgc9mbgr 2021 4,860 14,8601 3,760 10,932 110,9321 4,860 3,760 4,860 Deferred income in 2021 and 2020 relates to strategic alliances invoiced in advance and funds received ahead of the annual Conference. 18-
The British Association of Day Surgery Company Limited by Guarantee Notes to the financial ststements (c¢)nfynvedJ Year ended 31 December 2021 17. Penslons and other post retlrement benefits Deflned contrlbutlon plans The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £1,63312020. £1,5441. 18. Anatysis of charitable funds 2021 Unrestricted Income Funds At 31 Dec 2021 Al 1 Jan 2020 Income Expenditure General Funds 177,717 97,635 183,4401 191,912 Restricted Funds At 31 Dec 2021 Al 1 Jan 2020 Income Expenditure Zeneca Research Fellowship 10,025 10,025 Reslricled funds 10,025 10,025 2020 Unrestricted Income Funds At 31 Dec 2020 A11 Jan2019 Income Expenditure General Funds 1,700,660 71,069 163,4181 177,717 Restrlcted Funds Al 31 Dec 2020 At1 Jan2019 Income Expenditure Zeneca Research Fellowship 10,025 10,025 Reslricled funds 10,025 10,025 The Zeneca Research Fellowship was established in 1993 to award research grants. 19-
The British Association of Day Surgery Company Limited by Guarantee Notes to the financial ststements (c¢)nfynvedJ Year ended 31 December 2021 19. Analysls of net assets between funds 2021 Unrestricted Funds Restricted Totsl Fund$ Funds 2021 Current assets Creditors less than 1 year 200,663 18,7511 10,025 210.688 18,7511 Net assets 191.912 10.025 201,937 2019 Unrestricted Funds Restricted Total Funds Funds 2020 Current assets Creditors less than 1 year 189,032 111,3151 10,025 199,057 111,3151 Net assets 177,717 10,025 187,742 20. Operating lease commitrnents The total future minimum lease payments under non-cancellable operating leases are as follows.. 2021 2020 Not later than 1 year Later than 1 year and not later than 5 year3 6,962 23,207 1,458 30,169 1,458 -20-