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← The Facial Surgery Research Foundation - Saving Faces

2024-06-30-accounts

Charity registration number 1081214

SAVING FACES

ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR END 30 JUNE 2024

SAVING FACES LEGAL AND ADMINISTRATIVE INFORMATION

Trustees Elliott Bernerd (Chair)
Patrick Magennis (Deputy chair)
Professor Simon Holmes
Austen Smith
Atul Setia
Simon Bentley
Peter Hardee
Michael Simpson
Chief Executive Iain Hutchison
Principal address 71 Tonbridge Street
King’s Cross
London
WC1H 9DZ
Charity number 1081214
Independent examiner M J Bushell Audit LLP
8 High Street
Brentwood
Essex
CM14 4AB
Bankers Santander Business Banking Operations
Sunderland
SR43 4FW

CONTENTS

Page
Trustees' report 1 - 11
Independent examiner's report 12
Statement of financial activities 13
Balance sheet 14
Notes to the financial statements 15 - 22

TRUSTEES’ REPORT FOR THE YEAR ENDED 30 JUNE 2024

The Trustees present their report and the financial statements of the charity for the year ended 30 June 2024.

MISSION AND ACTIVITIES

Saving Faces – The Facial Surgery Research Foundation is the only charity in the UK solely dedicated to reducing the incidence of and improving the treatment for facial injuries, disorders and diseases including oral cancer worldwide. With over 20 years of experience leading research of the highest quality, we pursue our mission of improving and saving patients’ lives by delivering world-class research projects, clinical audits, education, support and advice services in the UK and across the globe. Saving Faces applies its income as the Trustees from time to time think fit to conduct or fund research which is likely to lead to overall improvement in prevention and early detection strategies, treatment and quality of life.

Why our work is urgently needed:

Facial disease, injury and deformity are unlike any other conditions. They can harm our very being – our speaking and eating as well as our appearance. They often leave life-changing physical and emotional scars, undermining self-esteem and dignity, isolating patients from others, affecting their job opportunities and sometimes condemning them to impoverished lives in the shadows.

RESEARCH REPORT

The Nationwide Selective Elective Neck Dissection (SEND) clinical research study with patients

The SEND study was led by Saving Faces and is still the only nationwide research study anywhere in the world to compare two different surgical treatments for head and neck cancer. SEND assessed the effectiveness of two very different treatments for early mouth cancer each of which was widely used internationally. Prior to SEND, both treatments were known to be relatively successful, but for 30 years, individual surgeons in hospitals around the world had tried to determine which one was better. Unfortunately, even the most famous hospitals treated too few patients to provide the answer.

The Saving Faces study succeeded because we created a national UK collaboration involving 68 oral and maxillofacial surgeons treating 614 patients at 27 hospitals. Our findings were that both treatments cured a large proportion of patients but one cured 15% more than the other. The impact of the SEND study publication has been far reaching as the USA, UK, Europe and Japan have all revised their guidelines to recommend that patients are offered the more successful treatment. Every year, 30,000 more people around the world with early mouth cancer are being cured as a direct result of our findings. Put another way, this means that every

fifteen minutes, somewhere in the world, the life of one more person with mouth cancer is saved as a direct result of the SEND study.

Since the SEND results were published in an open-access paper in the British Journal of Cancer (BJC), it has been downloaded or read by almost 14,000 doctors and scientists with over 100 citations.

Saving Faces renewed its data sharing agreement with NHS England (formerly NHS Digital) and will continue to receive mortality data relating to all the patients in the trial. In 2025 we will investigate the 10-year survival rates and long-term effects of the two SEND treatments. Our results will provide a better understanding of the treatments and offer further guidance on treatment decision-making for both surgeons and patients.

Cochrane Review

Taking account of the findings of SEND and other recent studies relating to surgical treatments for Oral and Oropharyngeal Cancers, the authors of the Cochrane review ‘Interventions for the treatment of Oral and Oropharyngeal Cancers: surgical treatment, ’ conducted and submitted an updated systematic review and meta-analysis in early 2023. Professor Hutchison was invited to review the submission. The updated review was published in August 2023.

Genomic Radiotherapy and Dysphagia (GRAD) Study

Saving Faces is in the process of undertaking a pilot genome wide association study using blood and saliva samples from 130 of the 1000 participants who provided data for the pre-covid baseline. The baseline results provided us with a method of determining, on the basis of patient-reported outcome data, which patients have been the most severely affected and adversely affected by normal radiotherapy, and develop terrible radiotherapy complications in normal tissue.

The Bart's and the London Genome Centre have analysed the blood and saliva samples from the 130 patients and extracted the genetic profiles. We will now assess the association between health status and genetics, to identify which genetic factors are associated with severe complications. The results will provide a better understanding of the radiotherapy +/chemotherapy and guidance on treatment decision-making for surgeons and patients.

National Head and Neck Cancer Audit (HANA)

Between July 2023 and June 2024, there were no data uploads since the project was temporarily put on hold whilst the HANA Project Board renegotiated a contract to continue the audit with their technology partners, Dendrite Clinical Systems. The Confidentiality Advisory Group has reviewed the audit and continued the audit’s Section 251 support, which allows us to collect identifiable patient data without consent.

National Jaw Surgery Patient Survey

This survey looks at the benefit of corrective jaw surgery. This is surgery to correct unusual pertruding or abnormality in jaws during teenage years. The results show that 95% of patients

who have had this complicated and large jaw surgery benefit hugely with only 2% wishing they had not had the surgery. An online survey to gather feedback from patients who have undergone jaw surgery continued to be completed by several sites. Between July 2023 and June 2024, the survey was completed by 5 more patients making a total of over 1,870 entries.

The National Facial, Oral and Oculoplastic Research Centre (NFORC)

This unique research centre was a result of a formal partnership between Saving Faces and the two UK surgical societies, the British Association of Oral and Maxillofacial Surgeons (BAOMS); and the British Oculoplastic Surgical Society (BOPSS) who focus on the treatment of face and mouth diseases, injuries and disfigurement. The Royal College of Surgeons of England (RCSEng) selected NFORC as its head and neck cancer trials centre. Saving Faces provides the core funding and research staff and BAOMS and BOPSS surgeons provide the research ideas and clinical support for the trials (studies). NFORC is the world’s only trials unit dedicated to researching better treatment for facial and mouth conditions.

NFORC held meetings with consultant surgeons to discuss the progress of ongoing projects.

NFORC Projects include:

The Wisdom Tooth Surgery Service Evaluation

A Consultant Oral and Maxillofacial Surgeon and the President of the British Association of Oral Surgeons (BAOS), have collaborated with Saving Faces/NFORC to conduct a service evaluation to assess the standard of care and performance of dental departments and clinics.

The study team have created materials and documents to facilitate the service evaluation, including the clinical data collection forms and patient surveys. The surgeon and his colleagues have started to collect data to test the database and have encouraged other surgeons who perform surgical wisdom tooth treatment to undertake their own service evaluations for a 3-month period. Surgeons from 3 hospital sites have undertaken service evaluations so far. The results of the service evaluations will inform the development of a national study on surgical wisdom tooth treatment.

TMJ service survey

A Consultant OMF Surgeon and OMFS registrar contacted the Saving Faces and NFORC research team to help them to investigate current treatments for temporomandibular joint (TMJ) disorder patients with a view to improving service provision and planning. In collaboration with this surgeon and registrar, NFORC staff have created a survey on REDCAP to collect data on both surgical and non-surgical TMJ treatments. The survey was circulated to BAOMS members (UK and international) in mid-September 2023 via the BAOMS office. 102 clinicians completed the survey. An abstract was submitted to BAOMS to present the results of the survey at the BAOMS

Quality Outcome Measures in Oral and Maxillofacial Surgery (QOMS)

The QOMS project was set up in 2018 by the then President of BAOMS to deal with

the lack of validated outcome measures in the Oral and Maxillofacial specialty against which surgical performance could be judged. QOMS is managed by BAOMS with support from Saving Faces and NFORC staff who are on the management committee. Saving Faces also provides funds for the data collection database costs and assists with patient and public involvement activities for the QOMs projects.

Publications between 1[st] July 2023 and 30[th] June 2024. Saving Faces published the following research papers:

ADMINISTRATION REPORT

Fundraising

We would like to thank all our fundraisers who took on incredibly demanding challenges and every supporter who organised their own individual events to raise money for Saving Faces.

Carols

The annual Saving Faces’ Christmas Carol concert took place on 11th December 2023 at St Bartholomew’s the Great Church. The Chelsea Opera Group gave a beautiful performance. As always, we were amazed by the generosity of supporters and a total of £5746.18 was raised from the event.

Legacies and Donations in Memory

Saving Faces received the legacies totalling £239,700 and donations in memory totalling £2,591.78.

Trustees

One resigned and was then reappointed as a Trustee on 8th February 2024.

FUTURE PLANS

The Alan Rickman Professorship of Facial Surgery

Our friend, the wonderful actor Alan Rickman was a generous and supportive Patron Saving of Faces, because he had known actors whose careers had been blighted by facial injury, disease or cancer. He launched Saving Faces National Facial and Oral Research Centre (NFORC) and challenged us then saying “I believe Saving Faces next project is to appoint an outstanding surgical Professor to lead NFORC . Let me help you achieve this”. When he died, he bequeathed a legacy to Saving Faces.

We are working with Alan Rickman’s friends and family to run a crowdsourcing 1 million people £5 campaign to create an endowment that permanently funds The Alan Rickman Professor of Facial Surgery.

This Professor is needed because head and neck cancer, facial injury disease and disfigurement are very common but research to improve their treatment is very poorly funded. The Alan Rickman Professor will lead research to develop new treatments and operations that will bring about better treatment and improved facial appearance and function by using the big data they collect. In addition to this, the Professor will educate, encourage and inspire future doctors and surgeons to collaborate with them in research. There will be an annual conference at which the Professor will present their research, and friends and colleagues of Alan will speak, ensuring the permanent association of his name with ground-breaking research.

Millions of people loved Alan and miss him. We are giving them an opportunity to honour him and improve thousands of people’s lives around the world at the same time.

In October 2024, Saving Faces will launch the campaign to fund the Alan Rickman Professorship of Facial Surgery.

STRUCTURE, GOVERNANCE AND MANAGEMENT

The Facial Surgery Research Foundation – Saving Faces is constituted under a Trust Deed dated 28th April 2000, amended on 21 June 2000 and 12 March 2001, and is a registered charity 1081214.

Trustee Recruitment

Trustees are recruited on the recommendation of incumbent members of the Board, commensurate with the Chair’s aim to maintain a balanced composition. Applications from individuals seeking to become a Trustee will be considered as and when appropriate by the Board.

The Board of Trustees is responsible for managing the charity and they have a wide range of skills and experience including professional and clinical expertise. The Trustees keep the major risks to which the charity is exposed under review and, where reasonable and practicable, procedures have been established with a view to mitigating the consequences of those risks that have been identified.

Trustee training and induction

New Trustees are provided with a formal induction programme incorporating the opportunity to meet key staff, and an induction pack of documentation including the charity’s constitution, recent Annual Reports and Accounts, recent Board minutes and the current Strategic Plan.

Structure, delegation and decision-making

The decision-making process operates as follows:

At the strategic level, the Board of Trustees regularly reviews Saving Faces’ direction in the wider context of clinical research, requiring the Chief Executive to identify relevant key issues and present options for its consideration. Due governance remains a key requirement.

The Chief Executive and Clinical Research Manager coordinate the development, implementation and running of clinical trials, audits and special projects across participating (hospital) sites in the UK. This includes project progress, feedback, managing project changes and ensuring smooth collaboration with partner sites. They are responsible for leading the team of Clinical Research staff.

The Chief Executive and Finance Manager are responsible for the financial oversight of the Charity including budgeting, financial planning and monitoring as well as financial reporting and the creation and monitoring of internal controls and accounting policies. It presents a report to the Board at each of its meetings.

At the operational level, the Board delegates the day-today running of the Charity to the Chief Executive, requiring him to deliver every aspect of governance, planning and performance in accordance with the agreed strategic direction. The Board is kept appraised of personnel, awareness, research programme and budgetary issues.

Research Programme: Peer Review

Given the importance of expert independent peer review in validating applications for new research grants and the verification of outcomes, the Scientific Advisory Board (SAB) provides the Board of Trustees with the necessary degree of objectivity as to the quality, value for money and efficiency of research that the Charity currently funds or may consider funding.

Key management personnel and remuneration policy

Saving Faces is committed to attracting and retaining talented staff. Staff are kept fully informed of the organisation’s strategy and objectives, and individual performance is reviewed throughout the year. Learning and development remain a priority. Volunteer personnel are engaged for specific tasks. The key management personnel comprise the Trustees and the Chief Executive. Trustees do not receive remuneration, and the Chief Executive is unpaid and donates to the charity.

Internal control and risk management

Saving Faces has a formal risk management process through which the Chief Executive and Management Team identify the major risks to which the charity may be exposed and has ranked these by likelihood and impact, culminating in a risk control document which is updated when necessary. All significant risks, together with current mitigation actions, are reported to the Trustees as soon as possible and a risk agenda item will be added to all Trustee meetings. The Trustees are satisfied that systems have been developed and are in place to mitigate identified risks to an acceptable level.

Several other policies, deal with risk management and risk assessment e.g. Health and Safety Policy, Privacy etc. All policies are reviewed regularly and updated in line with changes in legislation, regulation and best practice. New policies are introduced as required.

The principal risks and uncertainties identified by the charity are as follows:

Risk identified Action taken to mitigate the risk
Financial: the challenging economic
climate has resulted in low-income
generation and has affected fundraising
activities and targets. This could impact
our ability to fulfil our key charitable
objectives and commitments to research
and audit.		 •
All income streams have been re-evaluated and
plans are in place to diversify and
increase fundraising activities.
•
Fundraising progress is monitored on a monthly
basis to ensure targets are met.
•
The adequacy of financial returns achieved is
monitored.
•
Financial updates, cash flows and reserve levels
are presented to the Chief Executive regularly.
•
Financial updates, cash flows and reserve levels
are presented to the Board of Trustees at their
meetings.
•
The reserves policy is regularly reviewed as well
as the reserves level.
Information Governance: ensuring that
personal data is stored and handled
securely in compliance with the Data
Protection Act 2018.		 •
Implementation of policies and measures to
secure and protect data.
•
Yearly review of system security and
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 to the Trustees at each meeting.
Personnel risk: ensuring staff welfare,
morale and workload are regularly
considered to minimise loss of key staff
and skills.		 •
All staff have the opportunity at any point to
have a meeting with their regular line manager
to raise issues in addition to weekly staff
meetings.
•
All staff receive relevant training to enable
them to perform their duties.
•
There is a review of rates of pay, training,
working conditions and job satisfaction.
•
The Chief Executive has prepared a
whistleblowing facility to give staff the
opportunity to report any misconduct within
the charity.
•
In an event of loss of key staff, there will be
succession planning and handovers to ensure a
smooth transition.

Public benefit

The Trustees believe the charity has fully met the requirement to provide benefit to the public and have paid due regard to Charity Commission guidance -section 17 of the Charities Act 2011 and PB2 Public Benefit: Running a Charity.

Patrons

Saving Faces invites well-known, respected people to be Patrons. They do not have any decision-making powers but receive regular reports about the charity's work. Our current patrons are: Tony Adams MBE, Sir Alex Ferguson CBE, Julia Hobsbawm OBE, Carole Stone CBE, Lord Clive Hollick, Baroness Helena Kennedy KC, Kathy Lette, Nichola McAuliffe, Sir Jonathan Pryce CBE, Jon Snow, Ruth Rogers MBE, Hayley Sieff, John Miskelly, Nick Kalavrezos and Rima Horton.

The Trustee’s report was approved by the Board of Trustees

Patrick Magennis Deputy Chair of Trustees

Date 17[th] April 2025

SAVING FACES

INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF SAVING FACES

I report to the Trustees on my examination of the financial statements of Saving Faces (the Charity) for the year ended 30 June 2024.

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.

I report in respect of my examination of the Charity’s financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011.

Independent examiner's statement

Since the Charity’s gross income exceeded £250,000, the independent examiner must be a member of a body listed in section 145 of the Charities Act 2011. I confirm that I am qualified to undertake the examination because I am a member of ICAEW, which is one of the listed bodies.

Your attention is drawn to the fact that the charity has prepared the financial statements in accordance with the relevant version of the Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn. I understand that this has been done in order for the financial statements to provide a true and fair view in accordance with UK Generally Accepted Accounting Practice.

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:

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.

MJ Bushell Audit LLP 8 High Street Brentwood Essex CM14 4AB 22 April 2025 Dated: .........................

SAVING FACES

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 30 JUNE 2024

Unrestricted Restricted Total Unrestricted Restricted Total
funds funds funds funds
2024 2024 2024 2023 2023 2023
Notes £ £ £ £ £ £
Income from:
Donations and legacies 3 322,224 322,224 113,868 113,868
Charitable activities 4 5,016 5,016 5,566 5,566
Other trading activities 5 - - 86 86
Investments 6 5,029 5,029 917 917
Total income 332,269 332,269 120,437 120,437
Expenditure on:
Raising funds 7 4,797 4,797 9,814 9,814
Charitable activities 8 153,589 4,930 158,519 146,815 13,440 160,255
Total expenditure 158,386 4,930 163,316 156,629 13,440 170,069
Net income/(expenditure) 173,883 (4,930 ) 168,953 (36,192 ) (13,440 ) (49,632)
Transfers between
funds (4,930) 4,930 - (13,440 13,440 -
Net movement in
funds 10 168,953 168,953 (49,632 (49,632)
Reconciliation of funds
Fund balances at 1 July 292,167 292,167 341,799 341,799
Fund balances at 30 Jun
2024 461,120 461,120 292,167 292,167

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

SAVING FACES

BALANCE SHEET

AS AT 30 JUNE 2024

2024 2023
Notes £ £ £ £
Fixed assets
Tangible assets 13 2,690 2,488
Current assets
Debtors 14 9,283 9,902
Cash at bank and in hand 452,014 285,906
461,297 295,808
Creditors: amounts falling due within 15
one year (2,867) (6,129)
Net current assets 458,430 289,679
Total assets less current liabilities 461,120 292,167
The funds of the Charity
Unrestricted funds 17 461,120 292,167
461,120 292,167

The financial statements were approved by the Trustees on 17[th] April 2025

Patrick Magennis Deputy Chair of Trustees

SAVING FACES

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024

1 Accounting policies

Charity information

Saving Faces – The Facial Surgery Research Foundation is the only charity in the UK solely dedicated to reducing the incidence of facial injuries, disorders and diseases including oral cancer worldwide.

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 Charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows.

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. Monetary amounts in these financial statements are rounded to the nearest £.

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 or grantors 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.

Endowment funds are subject to specific conditions by donors that the capital must be maintained by the Charity.

1.4 Income

Income is recognised when the Charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the Charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Legacies are recognised on receipt or otherwise if the Charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.

SAVING FACES

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 30 JUNE 2024

1 Accounting policies

(Continued)

1.5 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.

Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.

1.6 Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

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:

Office equipment 25% 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 Impairment of fixed assets

At each reporting end date, the Charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

1.8 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.9 Financial instruments

The Charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Charity's balance sheet when the Charity becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

SAVING FACES

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 30 JUNE 2024

1 Accounting policies

(Continued)

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the Charity’s contractual obligations expire or are discharged or cancelled.

1.10 Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the Charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.11 Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

2 Critical accounting estimates and judgements

In the application of the Charity’s accounting policies, the Trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3 Income from donations and legacies

Unrestricted Unrestricted
funds funds
2024 2023
£ £
Donations and gifts 322,224 113,868

SAVING FACES

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 30 JUNE 2024

4 Income from charitable activities

Unrestricted Unrestricted
funds funds
2024 2023
£ £
Charitable activities
Sale of services 5,016 5,566

5 Income from other trading activities

**Unrestricted ** Unrestricted
funds funds
2024 2023
£ £
Fundraising events - 86
**Unrestricted ** Unrestricted
funds funds
2024 2023
£ £
Interest receivable 5,029 917
**Unrestricted ** Unrestricted
funds funds
2024 2023
£ £
Fundraising and publicity
Other fundraising costs 4,797 9,814

SAVING FACES

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 30 JUNE 2024

8 Expenditure on charitable activities

Charitable Charitable
activities activities
2024 2023
£ £
Direct costs
Staff costs 51,346 46,269
Research and clinical trials 41 20,472
Training and outreach 7,532 6,303
HANA Head & Neck Cancer Audit - 20
TMJ Registry - 20
N3MA 3rd Molar Audit 10 -
58,929 73,084
Share of support and governance costs (see note 9)
Support 99,590 87,171
158,519 160,255
Analysis by fund
Unrestricted funds 153,589 146,815
Restricted funds 4,930 13,440
158,519 160,255
9 Support costs allocated to activities
2024 2023
£ £
Staff costs 51,475 50,545
Depreciation 1,164 761
Insurance 4,031 5,829
Telephone 390 319
Printing, postage and stationery 1,379 243
Rent and premises costs 26,571 20,738
IT costs 10,838 4,670
Independent examiners fees 3,000 1,470
Legal and professional fees 648 2,520
Bank charges 110 76
Travel (16) -
99,590 87,171
Analysed between:
Charitable activities 99,590 87,171

SAVING FACES

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 30 JUNE 2024

10
Net movement in funds
The net movement in funds is stated after charging/(crediting):
Fees payable for the independent examination of the charity's financial
statements
Depreciation of owned tangible fixed assets
11
Employees
The average monthly number of employees during the year was:
Employment costs
Wages and salaries
Social security costs
Other pension costs
There were no employees whose annual remuneration was more than £60,000.
Remuneration of key management personnel
The remuneration of key management personnel is as follows: £31,700 (2023 -
£36,301)
Aggregate compensation
12
Taxation		 2024
£
-
1,164
2024
Number
4
2024
£
93,308
1,744
7,769
102,821
2024
£
31,600		 2023
£
-
761
2023
Number
4
2023
£
85,511
3,787
7,516
96,814
2023
£
36,301

The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.

SAVING FACES

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 30 JUNE 2024

13 Tangible fixed assets

Cost
At 1 July 2023
At 30 June 2024
Depreciation and impairment
At 1 July 2023
Depreciation charged in the year
At 30 June 2024
Carrying amount
At 30 June 2024
At 30 June 2023
14
Debtors
Amounts falling due within one year:
Prepayments and accrued income
15
Creditors: amounts falling due within one year
Other taxation and social security
Trade creditors
Accruals and deferred income
16
Retirement benefit schemes
Defined contribution schemes
Charge to profit or loss in respect of defined contribution schemes		 eq
2024
£
9,283
2024
£
5
162
2,700
2,867
2024
£
7,769		 Office
ipment
£
51,557
51,557
47,703
1,164
48,867
2,690
2,488
2023
£
9,902
2023
£
1,596
54
4,479
6,129
2023
£
7,516

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.

SAVING FACES

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024

17 Unrestricted funds

The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.

At 1 July 2023 Incoming Resources Transfers At 30 June
resources expended 2024
£ £ £ £ £
General 292,167 332,269 (158,386) (4,930) 461,120
Previous year: At 1 July 2022 Incoming Resources Transfers At 30 June
resources expended 2023
£ £ £ £ £
General funds 341,799 120,437 (156,629) (13,440) 292,167

18 Related party transactions

There were no disclosable related party transactions during the year (2023 - none).