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|Group/Meeting|DateHeld|ìVenue|No.Delegates|No.Speakers|
|---|---|---|---|---|
|rrGGMOrthStudy|9January2020|HamiltonHouse,|71|6|
|Dav||London|||
|Practitioner
Group|25 January 2020|StratfordManor,|63|6|
|Study Dav||Stratford-on-Avon|||
|~ointBOS,BSPD,RCS|31January 2020|London|140|9|
|Eng-Paediatric|||||
|Orthodonticmeeting|||||
|AdvancedCritical|31January-|BOSHQ,London|23|1|
|[AppraisalWorkshop|1February 2020||||
|Orthodontics:
A|3February 2020|BOSHQ,London|16|5|
|Rough Guide|||||
|Group/Meeting|Date Held|Venue||No.Delegates|No.Speakers|
|---|---|---|---|---|---|
|OSGSpring Meeting|29 February 2020|Royal Collegeof||149|8|
|||Phvsicians|London|||
|Pearls,Pitfallsand|5March 2020|BOSHO, London||19|3|
|Professional||||||
|Development -day 4||||||
|COGSymposium|5-6March 2020|BristolWatershed,||108|10|
|||Bristol||||
|'TalkingHeads'-|5August 2020|Online||87|5|
|raining inapostCovid||||||
|era||||||
|For Trainers||||||
|'Talking Heads'-|12August2020|Online||97|5|
|raining inapost Covid||||||
|era||||||
|For Trainees||||||
|Disobedient canines-|29 September 2020|Onlinevia|ProDental|246|2|
|bringing them into line||||||
|Enhancingpatient|22 October 2020|Online||52|1|
|communication||||||
|SHOStudy Dav|22 October 2020|Online||77|8|
|!Virtual CriticalAppraisal|11 December 2020|Online||30|1|
|>-OrthodonticTrainees||||||
|Workshop||||||
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|ProfJonathan
Sandler|President||||
|---|---|---|---|---|
|DrAndrewDiBiase|HonorarySecretary&||CompanySecretary||
|DrNigelFox|Honorary Treasurer||||
|DrJosephNoar|Directorate|ofClinical|Governance(resigned31December2020)||
|DrJadbinder
Seehra|Directorate|ofClinical|Governance(appointed
IJanuary2021)||
|DrGuyDeeming|Directorate|ofClinical|Practice
(resigned
1|January2020)|
|DrAnshuSood|Directorate|ofClinical|Practice
(appointed|1January2020)|
|DrSusanMoore|Directorate|ofEducation|||
|DrPeterMcCallum|Directorate|ofExternal|Relations
(resigned|27November2020)|
|DrAnjliPatel|Directorate|ofExternal|
Relations(appointed|
IJanuary2021)|
|DrDavidWaring|Directorate|ofProfessional
Development|||
|ProfPhilip
Benson|Directorate|ofResearch(resigned1January2020)|||
|ProfSueCunningham|Directorate|ofResearch(appointed
1January2020)|||
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23
##
|||**Unrestricted**|**Restricted**|**Total **|**Total**|
|---|---|---|---|---|---|
|||**funds**|**funds**|**2020**|**2019**|
||**Notes**|£|£|£|£|
|**INCOME FROM:**||||||
|Donationsandlegacies|3||31,281|31,281|16,478|
|Charitable activities:||||||
|Dissemination ofinformation|4|676,959||676,959|1,336,092|
|Investments|5|38,751|6,049|44,800|82,240|
|**TOTAL**||715,710|37,330|753,040|1,434,810|
|**EXPENDITURE ON:**||||||
|Raisingfunds:||||||
|Investment managementcosts||(5,382)|(1,706)|(7,088)|(10,998)|
|Charitableactivities:||||||
|Disseminationofinformation|6|(876,315)|(15,929)|(892,244)|(1,460,354)|
|**TOTAL**||(881,697)|(17,635)|(899,332)|(1,471,352)|
|Netgainsoninvestments|11|19,814|61,636|81,450|200,112|
|**NET INCOME/(EXPENDITURE) AND**||||||
|**NET MOVEMENT IN FUNDS**||(146,173)|81,331|(64,842)|163,570|
|**RECONCILIATION OF FUNDS**||||||
|**Fund**balancesbroughtforward||||||
|at1January2020||2,922,199|494,698|3,416,897|3,253,327|
|**FUND BALANCES**||||||
|**CARRIED FORWARD**||||||
|**AT 31 DECEMBER 2020**|16|2,776,026|576,029|3,352,055|3,416,897|
|||**`================================`**|||**--------**
**--------**|
##
|||**Unrestricted**|**Restricted**|**Total**|**Total**|
|---|---|---|---|---|---|
|||**funds**|**funds **|**2019**|**2018**|
||**Notes**|£|£|£|£|
|**INCOME FROM:**||||||
|Donationsandlegacies|3||16,478|16,478|19,478|
|Charitableactivities:||||||
|Dissemination ofinformation|4|1,331,187|4,905|1,336,092|1,449,656|
|Investments|5|72,921|9,319|82,240|81,216|
|**TOTAL**||1,404,108|30,702|1,434,810|1,550,350|
|**EXPENDITURE ON:**||||||
|Raisingfunds:||||||
|Investment managementcosts||(8,514)|(2,484)|(10,998)|(11,074)|
|Charitable activities:||||||
|Disseminationofinformation|6|(1,433,838)|(26,516)|(1,460,354)|(1,565,956)|
|**TOTAL**||(1,442,352)|(29,000)|(1,471,352)|(1,577,030)|
|Netgains/(Iosses)oninvestments|11|153,926|46,186|200,112|(136,255)|
|**NET INCOMEj(EXPENDITURE) AND**||||||
|**NET MOVEMENT IN FUNDS**||115,682|47,888|163,570|(162,935)|
|**RECONCILIATION OF FUNDS**||||||
|Fundbalancesbroughtforward||||||
|at1January2019||2,806,517|446,810|3,253,327|3,416,262|
|**FUND BALANCES**||||||
|**CARRIED FORWARD**||||||
|**AT 31 DECEMBER 2019**|16|2,922,199|494,698|3,416,897|3,253,327|
|||**`--------------------------------`**
**`--------------------------------`**|||**========**|
##
##
|**BALANCESHEET**||||
|---|---|---|---|
|**as at 31 December 2020**||CompanyNumber:|03695486|
|||**2020**|**2019**|
||**Notes**|£|£|
|**FIXEDASSETS**||||
|Tangibleassets|**`lO `**|1,152,701|1,177,350|
|Investments|11|2,030,308|1,782,455|
|||3,183,009|2,959,805|
|**CURRENTASSETS**||||
|Debtors|12|154,269|204,426|
|Cashatbankandinhand||212,984|368,284|
|||367,253|572,710|
|**LIABILITIES**||||
|Creditors: Amounts fallingduewithinoneyear|13|(198,207)|(115,618)|
|**NET CURRENTASSETS**||169,046|457,092|
|**TOTALASSETSLESSCURRENT LIABILITIES**||||
|**AND NETASSETS**||3,352,055|3,416,897|
|||**========**|**========**|
|**THE FUNDSOFTHE CHARITY**||||
|**Restricted income funds**||||
|Scholarship
Fund|15|65,169|61,129|
|Foundation
Fund|15|510,860|433,569|
|**Unrestrictedincome funds**||||
|GeneralFund|15|2,776,026|2,922,199|
|**TOTAL CHARITY FUNDS**|16|3,352,055|3,416,897|
|||**========**|**`========`**|
|**STATEMENT**
**OF CASH FLOWS**||||
|---|---|---|---|
|**forthe year ended 31 December**
**2020**||||
|||**2020**|**2019**|
||**Notes**|£|£|
|**CASH FLOWS FROM OPERATING ACTIVITIES**||||
|Net cash used inoperatingactivities|17|(25,414)|(177,635)|
|**CASH FLOWS FROM INVESTING ACTIVITIES**||||
|Dividends,interest,andrentsfrominvestments||44,800|82,240|
|Purchaseoftangiblefixedassets||(8,286)||
|Proceedsfromsaleofinvestments||2,489,540|229,656|
|Purchaseofinvestments||(2,655,940)|(209,795)|
|Netcash(usedin)/providedbyinvestingactivities||(129,886)|102,101|
|**CHANGE IN CASH AND CASH EQUIVALENTS**||||
|**IN THE REPORTING PERIOD**||(155,300)|(75,534)|
|Cashandcashequivalents at thebeginningof||||
|thereportingperiod|18|368,284|443,818|
|**CASH AND CASH EQUIVALENTS ATTHE END**||||
|**OF THE REPORTING PERIOD**|18|212,984|368,284|
##
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##
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##
##
##
##
|3.|**DONATIONS AND**|**LEGACIES**|**LEGACIES**|**Unrestricted**|**Restricted**|**Total**|**Total**|
|---|---|---|---|---|---|---|---|
|||||**funds**|**funds**|**2020**|**2019 **|
|||||£|£|£|£|
||Generaldonations|andothersimilar||||||
||typesofvoluntary|income|||31,281|31,281|16,478|
|4.|**DISSEMINATION OF INFORMATION**|||**Unrestricted**|**Restricted**|**Total**|**Total**|
|||||**funds**|**funds**|**2020**|**2019**|
|||||£|£|£|£|
||Subscriptions|||515,122||515,122|534,103|
||Annual
Conference|||12,870||12,870|514,533|
||Other meetings|||31,908||31,908|117,562|
||Journalincome|||45,350||45,350|89,840|
||Tradeawardsponsorship||||||4,905|
||Salesofpublications|||57,959||57,959|68,776|
||Otherpublications|income|||||2,269|
||Grantincome-smallbusinessscheme|||10,000||10,000||
||Otherincome|||3,750||3,750|4,104|
|||||676,959||676,959|1,336,092|
|5.|**INVESTMENTS**|||**Unrestricted**|**Restricted**|**Total**|**Total**|
|||||**funds**|**funds**|**2020**|**2019**|
|||||£|£|£|£|
||Bankinterestreceivableonshortterm|||||||
||cashdeposits|||181|102|283|653|
||Incomefrominvestments||listedon|||||
||arecognised
stock|exchange||31,231|5,947|37,178|40,223|
||Roomhireandassociated||servicecharge|||||
||incomereceivable|||7,339||7,339|41,364|
|||||38,751|6,049|44,800|82,240|
||||||||**-------**
**-------**|
|6.|**COSTS OF THE DISSEMINATION**|**COSTS OF THE DISSEMINATION**|**Unrestricted**|**Restricted**|**Total**|**Total**|
|---|---|---|---|---|---|---|
||**OF INFORMATION**||**funds**|**funds**|**2020**|**2019**|
||||£|£|£|£|
|||||||Asrestated|
||Annual
Conference||22,554||22,554|487,952|
||Othermeetings||28,151||28,151|80,133|
||Educationalprojectcosts|||||3,072|
||Prizes andawardstoone||||||
||(2019:twenty-eight)
individuals|||37|37|13,719|
||Journalexpenditure||109,423||109,423|(7,320)|
||Publications
costs|||||123,793|
||Legalfeesjudicial
review||94,943||94,943|13,338|
||Publicrelations||43,581||43,581|53,442|
||Museumcuratorfees||7,512||7,512|10,200|
||Subscriptions-international||3,823||3,823|7,347|
||Research projectgrantsto|two|||||
||(2019: three)individuals|||15,892|15,892|12,797|
||Professionaldevelopment|costs|128,579||128,579|131,890|
||Subscriptions
-national||84||84|1,073|
||||438,650|15,929|454,579|931,436|
||Supportcosts(seenote7)||437,665||437,665|528,918|
||||876,315|15,929|892,244|1,460,354|
||||**`===============================`**|||**========**|
##
|7.|SUPPORT&GOVERNANCECOSTS|Support|Governance|Total|Total|
|---|---|---|---|---|---|
|||costs|costs|2020|2019|
|||£|£|£|£|
||||||Asrestated|
||Staffcosts(seenote8)(98:2)|167,562|3,420|170,982|170,130|
||Trusteeandcommittee meeting|||||
||expenses_(50:50) _|9,506|9,506|19,012|15,814|
||Travelandsubsistence_(60:40) _|1,541|1,027|2,568|6,014|
||Office,property,and insurancecosts|39,016||39,016|53,169|
||Telephone,printing,postage,andstationery|27,150||27,150|47,661|
||Computer costs|12,084||12,084|11,190|
||Auditor'sremuneration:|||||
||Audit fees||17,500|17,500|15,000|
||Accountancy andadvisory_(50:50) _|5,315|5,315|10,630|8,138|
||Otheraccountancy andadvisory_(50:50) _|29,586|29,586|59,172|34,693|
||Otherprofessional fees(88:12)||||7,420|
||Bank and credit cardcharges|4,804||4,804|11,604|
||IrrecoverableValueAddedTax|6,804||6,804|91,282|
||Otherexpenses|35,008||35,008|20,231|
||Depreciation:|||||
||Ownedassets|21||21|3,866|
||Leased assets|32,914||32,914|32,706|
|||371,311|66,354|437,665|528,918|
|||**`===============================`**|||**=======**|
##
|8.|**STAFF COSTS**|**2020**|**2019**|
|---|---|---|---|
|||No.|No.|
||Theaveragemonthly numberofpersonsemployedbythecharitable|||
||company (excludingTrusteesand directors)during the yearwas,|||
||asfollows:|||
||Office andadministration|3|3|
|||£|£|
||||Asrestated|
||Staffcostsfor theabove persons:|||
||Wages and salaries|120,267|117,736|
||Socialsecuritycosts|9,948|12,692|
||Casual staffcosts|33,801|35,896|
||Recruitment expenses|885||
||TrainingFees|1,838||
||Pensioncosts|4,243|3,806|
|||170,982|170,130|
|||**=======**|**=======**|
##
##
|10.|**TANGIBLE ASSETS**|**Long-leasehold**|**Computers and**||
|---|---|---|---|---|
|||**buildings**|**office equipment**|**TOTAL**|
|||£|£|£|
||Cost:||||
||1January2020|1,629,778|107,643|1,737,421|
||Additions|7,536|750|8,286|
||31December2020|1,637,314|108,393|1,745,707|
||Depreciation:||||
||1January2020|452,428|107,643|560,071|
||Chargeforyear|32,914|21|32,935|
||31December2020|485,342|107,664|593,006|
||Netbookvalue:||||
||31December2020|1,151,972|729|1,152,701|
|||**`============================ `**||**========**|
||31December2019|1,177,350||1,177,350|
|||**`============================`**||**========**|
##
|11.|**INVESTMENTS**||**2020 **|**2019**|
|---|---|---|---|---|
||||£|£|
||Investmentlistedonarecognised|stockexchangeatmarketvalue:|||
||1January 2020||1,782,455|1,602,204|
||Additionsatcost||2,655,943|209,795|
||Disposal
proceeds||(2,489,540)|(229,656)|
||Realisedlosses||(159,448)|(20,663)|
||Unrealisedgains||240,898|220,775|
||31December 2020||2,030,308|1,782,455|
||Atthe balancesheetdate,themarketvalue of theportfoliocomprised:||||
||UK investments||2,030,308|1,053,382|
||Overseasinvestments|||729,073|
||||2,030,308|1,782,455|
||||**-------- **|**--------**|
||||**--------**|**--------**|
||Fixed incomesecurities|||301,924|
||Equities||2,030,308|1,480,531|
||||2,030,308|1,782,455|
|||||**========**|
|**DEBTORS **|**2020**|**2019 **|
|---|---|---|
||£|£|
|Amountsfalling due withinoneyear:|||
|Tradedebtors|20,764|64,603|
|Otherdebtors|38,249|30,821|
|Prepayments and accruedincome|95,256|109,002|
||154,269|204,426|
||**=======**|**=======**|
|13.|CREDITORS|2020|2019|
|---|---|---|---|
|||£|£|
||Amountsfallingduewithin oneyear:|||
||Tradecreditors|34,053|35,192|
||Other creditors|21,911|33,423|
||Accruals and deferred income|142,243|47,003|
|||198,207|115,618|
||||**=======**|
||Deferredincome:|||
||Deferred income broughtforward|18,781|20,833|
||Amountsreleased toincome|(18,781)|(20,833)|
||Amounts received in advance|54,292|18,781|
||Deferred income carried forward|54,292|18,781|
||||**======= **|
||Deferredincome carried forwardcomprises:|||
||Amountsfalling duewithinoneyear-|||
||AnnualConference andothermeetingsincome receivedin advance|54,292|18,781|
|||**=======**|**=======**|
|14.|FINANCIAL INSTRUMENTS|2020|2019|
|||£|£|
||Carrying amount offinancialassets:|||
||Equity instruments measured atfairvalue|2,030,308|1,782,455|
|||**========**|**========**|
##
||**1January**|||**Gains on**|**31 December**|
|---|---|---|---|---|---|
||**2020**|**Income**|**Expenditure**|**investments**|**2020**|
||£|£|
£|
£|
£|
|**Restricted income**||||||
|**funds:**||||||
|Scholarship**Fund**|61,129|
1,236|
(398)|
3,202|65,169|
|Foundation**Fund**|433,569|36,094|(17,237)|58,434|
510,860|
||494,698|37,330|
(17,635)|
61,636|
576,029|
|**Unrestricted income**||||||
|**funds:**||||||
|General**Fund**|2,922,199|715,710|(881,697)|
19,814|
2,776,026|
||3,416,897|753,040|
(899,332)|
81,450|3,352,055|
||**`========`**||**--------**
**--------**||**`========`**|
||**1January**|||**Gains on**|**31 December**|
||**2019**|**Income**|**Expenditure**|**investments**|**2019**|
||£|£|
£|
£|
£|
|**Restricted income**||||||
|**funds:**||||||
|Scholarship**Fund **|61,159|6,340|
(14,075)|
7,705|61,129|
|Foundation**Fund **|385,651|24,362|(14,925)|
38,481|433,569|
||446,810|
30,702|
(29,000)|46,186|494,698|
|**Unrestricted income**||||||
|**funds: **||||||
|General**Fund**|2,806,517|1,404,108|(1,442,352)|
153,926|2,922,199|
||3,253,327|1,434,810|(1,471,352)|.200,112
|3,416,897|
|17.|**RECONCILIATION OF NETINCOME TONET**||**`2020`**|**`2019`**|
|---|---|---|---|---|
||**CASH FLOW FROM OPERATING ACTIVITIES**||£|£|
||**NET (EXPENSE)/INCOMEFOR THE REPORTINGPERIOD**||(64,842)|163,570|
||Adjustments for:||||
||Depreciation charges||32,934|36,572|
||Gains on investments||(81,450)|(200,112)|
||Dividends, interest and rentsfrominvestments||(44,800)|(82,240)|
||Decrease indebtors||50,157|207|
||Increase/(decrease) increditors||82,587|(95,632)|
||**NET CASH USED IN OPERATING ACTIVITIES**||(25,414)|(177,635)|
||||**=======**|**======= **|
|18.|**ANALYSIS OF CHANGES IN NET FUNDS**||||
|||**`At1 `**||**`At31`**|
|||**January**||**December**|
|||**`2020`**|**Cashflows**|**`2020`**|
|||£|£|£|
||Cashat bank andinhand|368,284|(155,300)|212,984|
||**NET FUNDS**|368,284|(155,300)|212,984|
||||**=======**||