**Charity registration number 1058455**
**THE ASSOCIATION OF LAPAROSCOPIC SURGEONS OF GREAT BRITAIN AND IRELAND**
**ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 5 APRIL 2023**
**THE ASSOCIATION OF LAPAROSCOPIC SURGEONS OF GREAT BRITAIN AND IRELAND**
## **CONTENTS**
||**Page**|
|---|---|
|Legal and administrative information|1|
|Trustees' report|2 - 3|
|Statement of trustees' responsibilities|4|
|Independent examiner's report|5|
|Statement of financial activities|6|
|Statement of financial position|7|
|Statement of cash flows|8|
|Notes to the financial statements|9 - 16|
**THE ASSOCIATION OF LAPAROSCOPIC SURGEONS OF GREAT BRITAIN AND IRELAND**
## **LEGAL AND ADMINISTRATIVE INFORMATION**
|**Trustees**|Mr D Menzies|(Retired 8 November 2022)|
|---|---|---|
||Mr D Mahon||
||Professor T Arulampalam||
||Mr S Higgs|(Appointed 7 December 2022)|
|**Charity number**|1058455||
|**Principal address**|The Royal College of Surgeons of England||
||35 -43 Lincoln's Inn Fields||
||London||
||WC2A 3PE||
|**Independent examiner**|N Clemit ACA, FCCA||
||JWPCreers LLP||
||Chartered Accountants||
||Genesis 5||
||Church Lane||
||York||
||YO10 5DQ||
|**Council members**|D Mahon (retires December 2023)|President|
||N Francis (retires December 2023)|Honorary Secretary|
||T Arulampalam|Honorary Treasurer|
||J Ahmad (retires December 2023)||
||A Awan||
||M Adamo (retires December 2023)||
||I Bhatti||
||J Clements (retired November 2022)||
||A Day||
||D Gooch (retired November 2022)||
||S Higgs (retires December 2023)||
||J Horwood||
||C Jones||
||A Jones(retired November 2022)||
||I Jourdan||
||N Keeling||
||J Khan||
||N Maynard (retired November 2022)||
||D Menzies (retired November 2022)||
||T Morrison||
||C Parmar (retired November 2022)||
||C Selvasekar (retires December 2023)||
||S Shaikh (retired November 2022)||
||A Siddika (retired November 2022)||
||Y K S Viswanath||
- 1 -
## **THE ASSOCIATION OF LAPAROSCOPIC SURGEONS OF GREAT BRITAIN AND IRELAND**
## **TRUSTEES' REPORT**
## _**FOR THE YEAR ENDED 5 APRIL 2023**_
The trustees present their annual report and financial statements for the year ended 5 April 2023.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, 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 published in October 2019".
The legal and administrative information page forms part of this report.
## **Objectives and activities**
The objectives of the charity are:
- to advance public education and in particular without limiting the generality of the foregoing to raise and maintain the standards of minimally invasive surgery;
- the promotion, carrying out and encouragement of medical research particularly in the discipline of laparoscopy and minimally invasive surgery;
- the dissemination of results of such research to the public;
- such other activities being wholly for charitable purposes as the members shall from time to time in general meeting determine.
The Association of Laparoscopic Surgeons of Great Britain and Ireland (ALSGBI) aims to foster developments in laparoscopic surgery, to provide a structure for training, to promote educational and academic objectives. The ALSGBI also liaises with the Association of Surgeons of Great Britain and Ireland (ASGBI), the surgical Royal Colleges, the Specialist Advisory Committee (SAC) and other surgical and academic bodies.
The trustees have reviewed the outcome and achievements of the charity’s objectives and activities for the year to ensure they remain focused in the charitable aims and activities to deliver benefits to the public. They have complied with the duty under Charities Act 2011 to have due regard to public benefit guidance as published by the Charity Commission.
## **Achievements and performance**
During the year the charity has continued to pursue its stated aims.
The charity has provided funding for surgical training and the attendance of surgical conferences and courses.
Laparoscopic surgery is a modern technique which was rare before 1990. Today, more than 20% of all the surgical procedures in the UK are performed laparoscopically. The benefits to the public arise as many people will have a laparoscopic procedure performed on them, and compared to standard surgery, they will experience less post-operative pain, a smaller risk of complications, a shorter hospital stay, a quicker recovery and a much smaller scar. By organising an Annual Scientific Meeting (ASM), and through its other activities, the ALSGBI ensures that scientific knowledge is shared and laparoscopic techniques advanced. There is also an increasing interest in robotic surgery.
## **Financial review**
During the year income totalling £372,230 was received. After expenditure of £329,240 there was a surplus of £42,990.
The unrestricted reserves are £659,585 (2022: £615,595 ) and restricted reserves are £4,438 (2022: £5,438 ) at the year-end.
The trustees consider that the unrestricted reserves are held in order to ensure the annual scientific meeting continues each year.
Free reserves at the year-end were £658,235 (2021: £613,345 ).
## **Risk management**
The trustees has assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.
## **Structure, governance and management**
The association is an unincorporated charity which is governed by the constitution adopted on 5 September 1996.
Trustees are elected as set out in the constitution.
- 2 -
## **THE ASSOCIATION OF LAPAROSCOPIC SURGEONS OF GREAT BRITAIN AND IRELAND**
## **TRUSTEES' REPORT (CONTINUED)** _**FOR THE YEAR ENDED 5 APRIL 2023**_
The trustees' report was approved by the Board of Trustees.
tan Arulampalam Signed on 13/12/23 @ 11:20
Professor T Arulampalam Trustee
## **1 December 2023**
- 3 -
## **THE ASSOCIATION OF LAPAROSCOPIC SURGEONS OF GREAT BRITAIN AND IRELAND**
## **STATEMENT OF TRUSTEES' RESPONSIBILITIES**
## _**FOR THE YEAR ENDED 5 APRIL 2023**_
The trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that year.
In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
- 4 -
## **THE ASSOCIATION OF LAPAROSCOPIC SURGEONS OF GREAT BRITAIN AND IRELAND**
## **INDEPENDENT EXAMINER'S REPORT**
## **TO THE TRUSTEES OF THE ASSOCIATION OF LAPAROSCOPIC SURGEONS OF GREAT BRITAIN AND IRELAND**
I report to the trustees on my examination of the financial statements of The Association of Laparoscopic Surgeons of Great Britain and Ireland (the charity) for the year ended 5 April 2023.
## **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**
Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants, which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
- 1 accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act; or
- 2 the financial statements do not accord with those records; or
- 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.
## N P Clemit
Signed on 14/12/23 @ 11:03
## **N Clemit ACA, FCCA**
JWPCreers LLP Chartered Accountants
Genesis 5
Church Lane York YO10 5DQ
Dated: 1 December 2023
- 5 -
**THE ASSOCIATION OF LAPAROSCOPIC SURGEONS OF GREAT BRITAIN AND IRELAND**
## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT**
## _**FOR THE YEAR ENDED 5 APRIL 2023**_
|**Unrestricted**
**Restricted**
**funds**
**funds**
**2023**
**2023**
**Notes**
**£**
**£**
**Income and endowments**
Donations and legacies
**2**
10,430
-
Charitable activities
**3**
353,057
7,500
Investment income
**4**
1,243
-
Other income
**5**
-
-
**Total income**
364,730
7,500
**Expenditure**
Charitable activities
**6**
320,740
8,500
**Net income/(expenditure) for**
**the year/**
**Net movement in funds**
43,990
(1,000)
Fund balances at 6 April 2022
615,595
5,438
**Fund balances at 5 April 2023**
659,585
4,438|**Total**
**Unrestricted**
**Restricted**
**funds**
**funds**
**2023**
**2022**
**2022**
**£**
**£**
**£**
10,430
1,090
-
360,557
313,258
7,500
1,243
87
-
-
180
-
372,230
314,615
7,500
329,240
270,296
8,817
42,990
44,319
(1,317)
621,033
571,276
6,755
664,023
615,595
5,438|**Total**
**2022**
**£**
1,090
320,758
87
180|
|---|---|---|
|||322,115|
|||279,113|
|||43,002
578,031|
|||621,033|
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
- 6 -
## **THE ASSOCIATION OF LAPAROSCOPIC SURGEONS OF GREAT BRITAIN AND IRELAND**
## **STATEMENT OF FINANCIAL POSITION**
## _**AS AT 5 APRIL 2023**_
|**Notes**
**Fixed assets**
Tangible assets
**10**
**Current assets**
Debtors
**11**
Cash at bank and in hand
**Creditors: amounts falling due within one year**
**12**
Net current assets
**Total assets less current liabilities**
**Income funds**
Restricted funds
**15**
Unrestricted funds|**2023**
**£**
4,883
700,884
705,767
(43,094)|**£**
1,350
662,673
664,023
4,438
659,585
664,023|**2022**
**£**
3,490
667,239
670,729
(51,946)|**£**
2,250
618,783|
|---|---|---|---|---|
|||||621,033|
|||||5,438
615,595|
|||||621,033|
The financial statements were approved by the Trustees on 1 December 2023 tan Arulampalam Signed on 13/12/23 @ 11:20
Professor T Arulampalam
## **Trustee**
- 7 -
## **THE ASSOCIATION OF LAPAROSCOPIC SURGEONS OF GREAT BRITAIN AND IRELAND**
## **STATEMENT OF CASH FLOWS** _**FOR THE YEAR ENDED 5 APRIL 2023**_
|**Notes**
**Cash flows from operating activities**
Cash generated from operations
**18**
**Investing activities**
Purchase of tangible fixed assets
Proceeds from disposal of tangible fixed assets
Investment income received
**Net cash generated from/(used in) investing**
**activities**
**Net cash used in financing activities**
**Net increase in cash and cash equivalents**
Cash and cash equivalents at beginning of year
**Cash and cash equivalents at end of year**|**2023**
**£**
-
-
1,243|**£**
32,402
1,243
-
33,645
667,239
700,884|**2022**
**£**
(2,700)
180
87|**£**
65,106
(2,433)
-
62,673
604,566
667,239|
|---|---|---|---|---|
- 8 -
**THE ASSOCIATION OF LAPAROSCOPIC SURGEONS OF GREAT BRITAIN AND IRELAND**
## **NOTES TO THE FINANCIAL STATEMENTS**
## _**FOR THE YEAR ENDED 5 APRIL 2023**_
## **1 Accounting policies**
## **Charity information**
The Association of Laparoscopic Surgeons is a charity in England. The address of the registered office is given in the charity information on page 1 of these financial statements. The nature of the charity’s operations and principal activities are promotion, carrying out and encouragement of medical research in the field of laparoscopic and minimally invasive surgery.
## **1.1 Accounting convention**
The financial statements have been prepared in accordance with the charity's governing document, the Charities Act 2011, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "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)" (effective 1 January 2019). The charity is a Public Benefit Entity as defined by FRS 102.
The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn.
The financial statements are prepared in sterling, which is the functional currency of the charity.
The financial statements 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.
Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
## **1.4 Income**
Income from grants is recognised when the charity has entitlement to the funds and any performance related conditions attached to the grants have been met.
Charitable income is recognised when the charity has entitlement to the funds, it is probable the income will be received and the amount can be measured reliably.
Interest on funds held on deposit is included when receivable and the amount can be measured reliably, this is normally an indication of interest paid or payable by the bank.
Income in relation to events after the year end are deferred until the criteria for income recognition are met.
## **1.5 Expenditure**
Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Resources expended are allocated on an actual basis according to the nature of the cost. Other costs include the independent examiner’s fees and legal and professional fees. All costs relating to the furtherance of the charity’s objects are included in charitable activities.
- 9 -
**THE ASSOCIATION OF LAPAROSCOPIC SURGEONS OF GREAT BRITAIN AND IRELAND**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 5 APRIL 2023**_
## **1 Accounting policies**
## **(Continued)**
## **1.6 Tangible fixed assets**
Tangible fixed assets are initially measured at cost and subsequently measured at cost or net of depreciation.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
|Fixtures and fittings|20-33% straight line|
|---|---|
|Computer equipment|33%|
|Website and database|33% straight line|
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.
## **1.7 Cash and cash equivalents**
Cash at bank and cash in hand includes cash and short term highly liquid investments.
## **1.8 Financial instruments**
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.
## _**Basic financial assets**_
Other debtors are recognised at the settlement amount due. Prepayments are valued at the amount prepaid.
## _**Basic financial liabilities**_
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discount due.
## **Taxation**
As a registered charity, the charity is not liable to income tax or corporation tax on the excess of its income over its expenditure, nor to capital gains tax or corporation tax on profits on disposal of tangible fixed assets.
## **2 Donations and legacies**
||**Unrestricted**|Unrestricted|
|---|---|---|
||**funds**|funds|
||**2023**|2022|
||**£**|£|
|Donations and legacies|10,430|1,090|
- 10 -
## **THE ASSOCIATION OF LAPAROSCOPIC SURGEONS OF GREAT BRITAIN AND IRELAND**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 5 APRIL 2023**_
|**3**|**Charitable activities**|||
|---|---|---|---|
|||**Charitable**|**Charitable**|
|||**Income**|**Income**|
|||**2023**|**2022**|
|||**£**|**£**|
||Conference fees and sponsorships|316,862|265,500|
||Receipts from conference dinner|4,690|-|
||Subscriptions|39,005|55,258|
|||360,557|320,758|
||**Analysis by fund**|||
||Unrestricted funds|353,057|313,258|
||Restricted funds|7,500|7,500|
|||360,557|320,758|
|**4**|**Investment income**|||
|||**Unrestricted**|**Unrestricted**|
|||**funds**|**funds**|
|||**2023**|**2022**|
|||**£**|**£**|
||Interest receivable|1,243|87|
|**5**|**Other income**|||
|||**Total**|**Unrestricted**|
||||**funds**|
|||**2023**|**2022**|
|||**£**|**£**|
||Net gain on disposal of tangible fixed assets|-|180|
- 11 -
**THE ASSOCIATION OF LAPAROSCOPIC SURGEONS OF GREAT BRITAIN AND IRELAND**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 5 APRIL 2023**_
## **6 Charitable activities**
||**Charitable**|**Charitable**|
|---|---|---|
||**Expenditure**|**Expenditure**|
||**2023**|**2022**|
||**£**|**£**|
|Depreciation|900|640|
|Educational scholarships to individuals|22,782|2,052|
|Annual scientific meeting|96,328|94,896|
|Meetings, courses and seminars|33,942|21,193|
|Podcasts|1,000|1,317|
|Subscriptions to EAES|11,146|9,526|
|Membership database|1,458|2,487|
|Administrator's costs|140,183|128,533|
|Rent, service charges and overheads|2,108|1,519|
|Office costs|14,383|9,901|
|Insurance|655|586|
|Sundry|-|579|
|Bank charges and interest|1,115|2,578|
||326,000|275,807|
|Share of governance costs (see note 7)|3,240|3,306|
||329,240|279,113|
|**Analysis by fund**|||
|Unrestricted funds|320,740|270,296|
|Restricted funds|8,500|8,817|
||329,240|279,113|
## **7 Support costs**
|**Support costs**|||
|---|---|---|
|**2023**
**Support costs**
**Governance**
**costs**
**£**
**£**
Accountancy fees
-
3,240
-
3,240
Analysed between
Charitable activities
-
3,240|**2022**
**2023 Support costs**
**Governance**
**costs**
**£**
£
£
3,240
-
3,306
3,240
-
3,306
3,240
-
3,306|**2022**
£
3,306|
|||3,306|
|||3,306|
Included in accountancy fees above is £1,350 for independent examination fees (2022: £1,350).
- 12 -
**THE ASSOCIATION OF LAPAROSCOPIC SURGEONS OF GREAT BRITAIN AND IRELAND**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 5 APRIL 2023**_
## **8 Employees**
The average monthly number of employees during the year was:
|Total
**Employment costs**
Wages and salaries
Social security costs
Pension contributions - defined contribution scheme|**2023**
**Number**
3
**2023**
**£**
116,944
7,820
15,419
140,183|**2022**
**Number**
3|
|---|---|---|
|||**2022**
**£**
109,868
7,290
11,573|
|||128,731|
The ALSGBI council, which include the trustees, are considered key management personnel. No council members received any remuneration or received any other benefit from employment in the year (2022: £nil).
There were no employees whose annual remuneration was £60,000 or more.
## **9 Taxation**
The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.
## **10 Tangible fixed assets**
|**Fixtures and**
**fittings**
**Computer**
**equipment**
**Website and**
**database**
**£**
**£**
**£**
**Cost**
At 6 April 2022
8,223
12,299
52,364
At 5 April 2023
8,223
12,299
52,364
**Depreciation**
At 6 April 2022
8,223
10,949
52,364
At 5 April 2023
8,223
10,949
52,364
**Carrying amount**
At 5 April 2023
-
1,350
-
At 5 April 2022
-
2,250
-|**Total**
**£**
72,886|
|---|---|
||72,886|
||71,536|
||71,536|
||1,350|
||2,250|
- 13 -
**THE ASSOCIATION OF LAPAROSCOPIC SURGEONS OF GREAT BRITAIN AND IRELAND**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 5 APRIL 2023**_
|**11**|**Debtors**||||
|---|---|---|---|---|
||||**2023**|**2022**|
||**Amounts falling due within one year:**||**£**|**£**|
||Prepayments||4,883|3,490|
|**12**|**Creditors: amounts falling due within one year**||||
||||**2023**|**2022**|
|||**Notes**|**£**|**£**|
||Trade creditors||216|4,500|
||Other creditors||2,721|4,155|
||Other taxation and social security||11,047|10,990|
||Accruals||4,082|3,747|
||Deferred income|**13**|25,028|28,554|
||||43,094|51,946|
|**13**|**Deferred income**||||
||||**2023**|**2022**|
||||**£**|**£**|
||At 6 April 2022||28,554|32,903|
||Released in the year||||
||Membership subscriptions||(28,554)|(14,400)|
||Annual Scientific meetings invoiced in advanced||-|(18,503)|
||Deferred in year||||
||Membership subscriptions||25,028|28,554|
||At 5 April 2023||**25,028**|**28,554**|
## **14 Retirement benefit schemes**
The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund.
The contributions payable by the charity charged to the unrestricted fund amounted to £15,419 (2022: £11,573 ). Contributions totalling £1,463 (2022: £1,137) were payable to the fund at the year end and are included in creditors.
- 14 -
## **THE ASSOCIATION OF LAPAROSCOPIC SURGEONS OF GREAT BRITAIN AND IRELAND**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 5 APRIL 2023**_
## **15 Restricted funds**
The income funds of the charity include restricted funds comprising the following unexpended balances of donations and grants held on trust for specific purposes:
|**Balance at**
**6 April 2022**
**£**
Podcasts
5,438
Training day programme
-
5,438
**Balance at**
**6 April 2021**
**£**
Podcasts
6,755
Training day programme
-
6,755|**Movement in funds**
**Income**
**Expenditure Transfer from**
**unrestricted**
**fund**
**Balance at**
**5 April 2023**
**£**
**£**
**£**
**£**
-
(1,000)
-
4,438
7,500
(7,500)
-
-
7,500
(8,500)
-
4,438
**Movement in funds**
**Income**
**Expenditure Transfer from**
**unrestricted**
**fund**
**Balance at**
**5 April 2022**
**£**
**£**
**£**
**£**
-
(1,317)
-
5,438
7,500
(7,500)
-
-
7,500
(8,817)
-
5,438|**Movement in funds**
**Income**
**Expenditure Transfer from**
**unrestricted**
**fund**
**Balance at**
**5 April 2023**
**£**
**£**
**£**
**£**
-
(1,000)
-
4,438
7,500
(7,500)
-
-
7,500
(8,500)
-
4,438
**Movement in funds**
**Income**
**Expenditure Transfer from**
**unrestricted**
**fund**
**Balance at**
**5 April 2022**
**£**
**£**
**£**
**£**
-
(1,317)
-
5,438
7,500
(7,500)
-
-
7,500
(8,817)
-
5,438|
|---|---|---|
|||5,438|
Restricted funds relate to grants supporting the association's podcasts and training day programmes.
## **16 Analysis of net assets between funds**
|**Unrestricted**
**funds**
**Restricted**
**funds**
**2023**
**2023**
**£**
**£**
Fund balances at 5 April 2023 are represented by:
Tangible assets
1,350
-
Current assets/(liabilities)
658,235
4,438
659,585
4,438
**Unrestricted**
**funds**
**Restricted**
**funds**
**2022**
**2022**
**£**
**£**
Fund balances at 5 April 2022 are represented by:
Tangible assets
2,250
-
Current assets/(liabilities)
613,345
5,438
615,595
5,438|**Total**
**2023**
**£**
1,350
662,673|
|---|---|
||664,023|
||**Total**
**2022**
**£**
2,250
618,783|
||621,033|
- 15 -
**THE ASSOCIATION OF LAPAROSCOPIC SURGEONS OF GREAT BRITAIN AND IRELAND**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 5 APRIL 2023**_
## **17 Related party transactions**
## **Remuneration of key management personnel**
The remuneration of key management personnel is as follows.
||**2023**|**2022**|
|---|---|---|
||**£**|**£**|
|Aggregate compensation|4,938|4,000|
During the year nine (2022: thirteen) council members were reimbursed £4,938 for meeting expenses (2022: £4,000). From the above figures 2 trustees were reimbursed £2,258 for meeting expenses (2022: £2,224)
|**18**
**Cash generated from operations**
Surplus for the year
Adjustments for:
Investment income recognised in statement of financial activities
Gain on disposal of tangible fixed assets
Depreciation of tangible fixed assets
Movements in working capital:
(Increase)/decrease in debtors
(Decrease)/increase in creditors
(Decrease) in deferred income
**Cash generated from operations**|**2023**
**£**
42,990
(1,243)
-
900
(1,393)
(5,326)
(3,526)
32,402|**2022**
**£**
43,002
(87)
(180)
640
9,506
16,574
(4,349)|
|---|---|---|
|||65,106|
- 16 -