2023-06-30-accounts - The Facial Surgery Research Foundation - Saving Faces

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Trustees		Elliott Bernard	(Chair)
		Patrick Magennis (Deputy chair)
		Professor Simon Holmes
		Austen Smith
		Atul Setia
		Simon Bentley
		Peter Hardee
		Michael Simpson
Chief Executive		lain Hutchison
Principal address		71 Tonbridge	Street
		King's Cross London
		WC1H BDZ
Charity number		1081214
Independent	examiner	MIBushell Audit LLP
		8 High Street
		Brentwood
		Essex
		CM144AB
Solicitors		Field Fisher
		Riverbank house
		2 Swan Lane
		London
		EC4R STT
Bankers		Santander Business Banking Operations
		Sunderland
		SR43 4FW

CONTENTS
				Page
Trustees' report				4 - 11
Independent	examiner's		report	12
Statement of	dnanctal		activities	13
Balance sheet				14
Notes to the	financial	statements		15-21

Risk identified	Risk identified	Risk identified						Action taken to mitigate the risk
Financial:	the challenging					economic		Ail income streams have been re-evaluated	and
climate has resulted			in		low-income			plans are in place to diversify and
generation		and has affected					fundraising	increase fundraising activities.
activities	andtargets.			Thiscouldimpact				Fundraising progress ismonitored on a monthly
our ability		to fulfil our		key charitable				basis to ensure targets are met.
objectives		and commitments					to research	The adequacy offinancial returns achieved	is
and audit.								monitored.
								Financial updates, cash flows and reserve levels
								are presented to the Chief Executive regularly.
								Financial updates, cash flows and reserve levels
								are presented tothe Board ofTrustees at	their
								meetings.
								The reserves policy is regularly reviewed as	well
								asthe reserves level.
Information		Governance:				ensuring that		Implementation ofpolicies and measures to
personal	data is stored				and		handled	secure and protect data.
securely	in compliance				with		the Data	Yearly review ofsystem security and
Protection		Act 2018.						authorisation procedures, undertaking
								regular access audits, and configuring
								automatic password change prompts to IT
								systems where possible
								All staff and volunteers receive refresher
								training on Information Governance policies
								and procedures.
								The Data Protection Officer and Information
								Governance Lead ensure that the charity is
								appropriately compliant.
								An Information Governance report will be
								provided tothe Trustees at each meeting.
Personnel		risk: ensuring				staff welfare,		All staff have the opportunity at any point	to
morale and workload				are regularly				have a meeting with their regular line manager
considered		to minimise			loss		ofkeystaf	to raise issues in addition to weekly staff
and skills.								meetings.
								All staff receive relevant training to enable
								them to perform their duties.
								There is a review ofrates of pay, training,
								working conditions and job satisfaction.
								The Chief Executive has prepared a
								whistleblowing facility to give staff the
								opportunity toreport any misconduct within
								the charity.
								In an event of loss of key staff, there will be
								succession planning and hand overs to ensure a
								smooth transition.

			Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
			funds	funds		funds	funds
			2023	2023		2022	2022	2022
		Notes		f		8	8
Income from:
Donations and	legacies		113,868		113,868	182,590	13,903	196,493
Charitable activities			5,566		5,566	4,340		4,340
Other trading activities			86		86	378		378
Investments			917		917	601		601
Total income			120,437		120,437	187,909	13,903	201,812
Expenditure on:
Raising funds		7	9,814		9,814	2,450		2,450
Charitable acaviaes		8	146,815	13,440	160,255	165,148		165,148
Total expenditure			156,629	13,440	170,069	167,598		167,598
Net income/(expenditure)			(36,192)	(13,440)	(49,632)	20,311	13,903	34,214
Transfers between
funds			(13,440)	13,440		99,731	(99,731)
Net movement	in
funds			(49,632)		(49,632)	120,042	(85,828)	34,214
Reconciliation	offunds:
Fund balances	at 1 July	2022	341,799		341,799	221,757	85,828	307,585
Fund balances	at 30June
2023			292,167		292,167	341,799

				2023		2022
			Notes	f	6	5
Fixed assets
Tangible assets			12		2,488		1,094
Current assets
Debtors			13	9,902		2,348
Cash at bank and	in	hand		285,906		342,201
				295,808		344,549
Creditors: amounts		falling due within	14
one year				6,129		3,844
Net current assets					289,679		340,705
Total assets less	cunent liabilities				292,167		341,799
The funds ofthe	Charity
Unrestricted funds					292,167		341,799
					292,167		341,799

		Unrestricted	Unrestricted
		funds	funds
		2023 6	2022f
Charitable	activities
Grant income		5,566	4,340

		Unrestricted	Unrestricted
		funds	funds
		2023	2022
		f	6
Fundraising	events		378

Unrestricted	Unrestricted
funds	funds
2023	2022
	6
917	601

Fundraising and	publicity
Other fundraising	costs

Unrestricted	Unrestricted
funds	funds
2023	2022
6	f
9,814	2,450

							Charitable	Charitable
							activities	activiges
							2023	2022
							6	f.
	Direct costs
	Staff costs						46,269	44,109
	Research	and clinical				trials	20,472	40
	Training and		outreach				6,303	8,563
	HANA Head		snd	Neck		Cancer Audit	20	224
	TMJ Registry						20	40
							73,084	52,976
	Share ofsupport			and		governance costs (see nots 9)
	Support						87,171	112,172
							160,255	165,148
	Analysis	by	fund
	Unrestdicted		funds				146,815	165,148
	Restricted	funds					13,440
							160,255	165,148
9	Support costs agocatsd toactivities
							2023	2022
							6
	Staff costs						50,545	49,236
	Depreciation						761	156
	Insurance						5,829	8,295
	Telephone						319	750
	Pnntmg, postage			and		stationery	243	9,203
	Rent snd	premises			costs		20,738	26,021
	ITcosts						4,670	11,700
	Independent		examiners			fees	1,470	3,600
	Legal and	professional				fees	2,520	1,877
	Bank charges						76	190
	Travel							1,144
							87,171	112,172
	Analysed	between:
	Charitable	activities					87,171	112,172

The average	monthly
		2023	2022
		tumber	Number
Employment	costs	2023	2022
		E	E
Wages and salaries		85,511	84,443
Social security	costs	3,787	1,083
Other pension	costs	7,516	7,819
		96,814	93,345

Tangible fixed asset	s
			circe
		st	Ipnwm
			E
Cost
At 1 July 2022			48,035
Additions			2,155
At 30June 2023			50,190
Depreciation and impairment
At 1 July 2022			46,941
Depreciation charged	in the year		761
At 30June 2023			47,702
Carrying amount
At 30June 2023			2,488
At 30June 2022			1,094

13	Debtors
					2023	2022
	Amounts	falling due		within one year:		E
	Prepayments		and accrued income		9,902	2,348
14	Creditors: amounts			falling due within one year
					2023	2022
					E	E
	Other taxa5on		and social security		1,596
	Trade creditors					182
	Accruals	and	deferred	income	4,479	3,662
					6,129	3,844

		At	1	July 2022	Incoming	Resources	Transfers	At30June
					resources	expended		2023
					E	E		E
General	funds			341,799	120,437	(156,629)	(13,440)	292,167
Previous	year:	At	1	July 2021	Incoming	Resources	Transfers	At 30June
					resources	expended		2022
				E	f	E	E
General	funds			221,757	187,909	(167,598)	99,731	341,799