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2021-08-31-accounts

REGISTERED CHARITY NUMBER: 1080367

The Society for Vascular Technology of Great Britain and Ireland

Receipts and Payments Account

For the Year Ending 31st August 2021

The Society for Vascular Technology of Great Britain and Ireland

Index

For the Year Ending 31st August 2021

Page
Report of the Trustees 1 to 2
Independent Examiner's Report 3
Receipts and Payments Account 4
Statement of Assets and Liabilities 5

The Society for Vascular Technology of Great Britain and Ireland

Report of the Trustees

For the Year Ending 31st August 2021

The trustees present their report with the financial statements of the charity for the year ending 31st August 2021.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity Number

1080367

Principal address

Margaret Powell House 405 Midsummer Boulevard Milton Keynes MK9 3BN

Trustees Office Lee Smith President Emma Waldegrave Vice President Benjamin Freedman Treasurer Dominic Foy Past President Sara Causley Secretary Carole Tennison Conference Secretary Kamran Modaresi Chair of Professional Standards Committee Richard Simpson Chair of Research Committee Hannah Lines Chair of Education Committee Carlos Pinho Website Secretary Daniela Bond-Collins Newsletter Secretary Lynne McRae Membership Secretary Steve Rogers Non-Portfolio

Independent examiner

M Edwards FCA Bourne & Co Chartered Accountants 6 Lichfield Street Burton-on-Trent Staffordshire DE14 3RD

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, constitution of association, and constitutes an unincorporated charity.

Continued…..

Page 1

The Society for Vascular Technology of Great Britain and Ireland

Report of the Trustees

For the Year Ending 31st August 2021

Trustees selection

The Officers of the Society shall be elected annually at the termination of their term of office by the ordinary members by postal vote and announced at the Annual General Meeting. All Officers shall be fully accredited members of the Society.

With the exception of Vice-President, no member shall be permitted to stand for election for more than consecutive offices without one year's absence from the Executive Committee, unless no other person comes forward for election.

Members appointed to an office shall hold the office for the period commencing at the date of the Annual General Meeting.

OBJECTIVES AND ACTIVITIES

The objective of the charity is the advancement of the education of the public by promoting training and research in vascular technology and to disseminate the results of such research for the benefit of the public.

ACHIEVEMENTS AND PERFORMANCE

The charity continued in its programme of education and training through theory and practical examinations along with the provision of study days and activities. The charity has achieved its objectives for the year.

FINANCIAL REVIEW

We consider that the reserves set out on page 5 of the financial statements are adequate for the charity's current and future needs and include sufficient contingency funds.

DECLARATION

The trustees declare that they have approved the trustees' report above.

Signed on behalf of the charity's trustees

Signed ............................................

Date ……………………………………..

Lee Smith - President

Page 2

The Society for Vascular Technology of Great Britain and Ireland

Independent Examiner's Report on the Accounts

For the Year Ending 31st August 2021

Report to the Trustees of The Society for Vascular Technology of Great Britain and Ireland on accounts for the year ending 31st August 2021 set out on pages 4 to 5.

I report to the trustees on my examination of the accounts of the above charity ("the Trust") for the year ended 31st August 2021.

Responsibilities and basis of report

As the charity trustees of the Trust, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ("the Act").

I report in respect of my examination of the Trust's accounts carried out under Section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under Section 145(5)(b) of the 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 which gives me cause to believe that in, any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Signed ............................................

Date …...................................

M Edwards FCA Bourne & Co Chartered Accountants 6 Lichfield Street Burton-on-Trent Staffordshire DE14 3RD

Page 3

The Society for Vascular Technology of Great Britain and Ireland

Receipts and Payments Account

For the Year Ending 31st August 2021

Receipts
Annual General Meeting
Advertising
Examination, revision and study day fees
Practical exam fees
Membership fees
Miscellaneous income
Charitable donations
Bank interest received
Total receipts
Payments
Annual General Meeting
Ann Donald memorial award
Education committee meetings
Journal access
Executive committee
Professional standards committee
Research committee
CASE expenses
Revision and study days
Practical examination fees
Newsletter
Postage, printing and stationery
Website / database administration
Insurance
Professional fees
Miscellaneous expenses
Sponsored research grants
Donation
Academy for Healthcare Science
Bank charges
Total payments
Net of payments
Cash funds last year end
Cash funds this year end
31.08.2021
31.08.2020
Unrestricted
Funds
Restricted
Funds
Total
Funds
Total Funds
£
£
£
£
5,000.00
-
5,000.00
5,000.00
8,300.00
-
8,300.00
3,580.00
1,183.29
-
1,183.29
1,480.00
2,400.00
-
2,400.00
2,435.00
23,548.10
-
23,548.10
20,601.73
-
-
-
-
-
-
-
-
14.05
-
14.05
205.23
40,445.44
-
40,445.44
33,301.96
1,417.93
-
1,417.93
918.12
500.00
-
500.00
-
-
-
-
2,717.01
2,588.51
-
2,588.51
3,015.74
1,425.26
-
1,425.26
2,563.47
476.24
-
476.24
1,959.11
-
-
-
-
1,835.00
-
1,835.00
2,286.10
-
-
-
2,902.15
604.07
-
604.07
183.34
-
-
-
25.00
1,591.68
-
1,591.68
1,746.14
2,226.00
-
2,226.00
1,435.00
713.32
-
713.32
663.32
1,350.00
-
1,350.00
3,249.42
3.18
-
3.18
19.08
2,475.50
-
2,475.50
4,000.00
300.00
-
300.00
300.00
-
-
-
524.40
2,052.75
-
2,052.75
1,751.08
19,559.44
-
19,559.44
30,258.48
20,886.00
-
20,886.00
3,043.48
145,844.62
3,000.00 151,888.10
148,844.62
166,730.62
3,000.00 172,774.10
151,888.10

Page 4

The Society for Vascular Technology of Great Britain and Ireland

Statement of Assets and Liabilities

For the Year Ending 31st August 2021

CASH FUNDS
Bank current account
Bank reserve account
TOTAL CASH FUNDS
31.08.2021
31.08.2020
Unrestricted
Funds
Restricted
Funds
Total
Funds
Total Funds
£
£
£
£
26,579.41
-
26,579.41
15,707.46
143,194.69
3,000.00 146,194.69
136,184.15
169,774.10
3,000.00 172,774.10
151,891.61

The financial statements were approved by the Board of Trustees on …………………………. and were signed on its behalf by:

……………………………………………………..

Lee Smith - President

Page 5