OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

← Radiology And Oncology Congresses

2024-09-30-accounts

RADIOLOGY AND ONCOLOGY CONGRESSES

Registered Number: 04075344 Charity Number: 1087939

ANNUAL REPORT OF THE DIRECTORS and TRUSTEES

AND

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

RADIOLOGY AND ONCOLOGY CONGRESSES Annual Report of the Directors and Trustees Year ended 30 September 2024

CONTENTS

Page
1. Annual Report of the Directors and Trustees 2-8
1.1 Reference and Administrative Details 2
1.2 Structure, Governance and Management 3
1.3 Objectives and Activities 4
1.4 Public Benefit 4
1.5 Achievements and Performance 5
1.6 Financial Review 7
1.7 Plans for Future Periods 7
1.8 Acknowledgements 7
1.9 Auditor 7
1.10 Small Company Exemption 7
1.11 Statement of Trustees’ Responsibilities 8
1.12 Audit Information 8
2. Independent Auditor’s Report 9-11
3. Financial Statements 12 - 20
3.1 Statement of Financial Activities 12
3.2 Balance Sheets 13
3.3 Consolidated Cashflow Statement 14
3.4 Notes to Financial Statements 15 -20

1

RADIOLOGY AND ONCOLOGY CONGRESSES Annual Report of the Directors and Trustees Year ended 30 September 2024

1.1 Reference and Administrative Details

Name: Radiology and Oncology Congresses ( sometimes abbreviated to ROC) Company Registration Number: 04075344. Charity Number: 1087939. Principal Office : Fairmount House, 230, Tadcaster Road, York, YO24 1ES Registered Office : Fairmount House, 230, Tadcaster Road, York, YO24 1ES Auditor: S&W Partners Audit Limited, Statutory Auditor, Chartered Accountants 45 Gresham Street, London, EC2V 7BG Bankers: Unity Trust Bank, Four Brindley Place, Birmingham, B1 2JB Solicitors: Wilsons, Alexandra House, St John’s Street, Salisbury, SP1 2SB Members of the Company: The British Institute of Radiology The College of Radiographers The Institute of Physics and Engineering in Medicine

Radiology and Oncology Congresses Board :

Board Members are both Directors of the Company and Trustees of the Charity.

Chairman Ms P. Black (resigned 25 September 2024) Prof. K. Straughan (appointed 25 September 2024, resigned 18 March 2025)

Vice Chair Ms F.J. Thow (resigned 9 February 2024) Mr R. McGhee (appointed 25 September 2024) Hon. Treasurer Dr C. J. Kotre (resigned 25 September 2024) Mr S. Bhutta (appointed 25 September 2024) Directors Mr R.M. Evans Dr E.E. Hyde, President of UKIO congress 2024 & 2025 Prof. S.F. Keevil Dr R.A. Malik (resigned 12 June 2024) Mr P.W. Morgan (resigned 15 November 2024) Prof. S.A.P.O’Connor Ms S.Purdy Mr T.A. Welton

Honorary Officers :

Marketing Support Mr Richard Evans Exhibition Support Mrs Elizabeth Beckmann Finance Officer Mr John Turner

2

RADIOLOGY AND ONCOLOGY CONGRESSES Annual Report of the Directors and Trustees Year ended 30 September 2024

1.2 Structure, Governance and Management

1.2.1 Governing Documents

The organisation is a charitable company limited by guarantee, incorporated on the 15 September 2000 and registered as a charity on the 9 August 2001. The company was established under a Memorandum of Association which established the objects and powers of the charitable company and it is governed under its Articles of Association. The current Memorandum and Articles of Association were adopted at the Company’s AGM held on September 9[th] 2020.

1.2.2 Recruitment and Appointment of Board

General meetings of the company are either the Annual General Meeting (AGM) or an Extraordinary General Meeting (EGM). The Directors of the company are also Trustees of the charity. Each of the Members may appoint up to two Directors. Three Honorary Officers, being the Chair, Vice-Chair and Treasurer are elected by the members at either the AGM or an EGM for three year terms, and the President of the Congress from time to time is elected by the other Directors.

1.2.3 Trustee Induction and Training

All Trustees are familiar with the work of the charity and most have served as Trustees of the member organisations or related organisations.

The Trustees are made aware of their obligations, are directed to the Charity Commission website for further guidance and a ROC Handbook is provided. The Board regularly reviews whether any further training is required.

The Board continues to monitor the mix of skills provided by the Trustees and attempts to ensure the Board has a spread of appropriate skills.

1.2.4 Risk Management

The Board regularly reviews the risks to which the charity is exposed and listed below are the six highest identified risks, together with the steps being taken to mitigate those risks.

Relationship with, and commitment of, professional bodies involved in radiology and oncology - SCOR, BIR, IPEM, specialist societies etc. - promoting multi-professional meetings.

All Board members are aware of the importance of commitment and good working relationships between ROC, member organisations and other parties, and strive to maintain them. Where conflicts of interest exist they are dealt with transparently. A high emphasis is placed on working in partnership, recognising the contributions and perspectives of all concerned.

Promotion of multi-disciplinary Congresses and risk of competing events (multi-disciplinary in UK and abroad + specialist society meetings)

The promotion of multi-disciplinary Congresses is one of a number of fundamental Joint Objectives agreed by all ROC’s member organisations. Board members are aware of the need to be aware of potentially competing events which might adversely impact on delegate/exhibitor numbers and keep such matters under strategic review.

Appropriateness and accuracy of content of Congress programmes

All aspects of Congress programmes are reviewed, prospectively and retrospectively, at regular Board meetings. Congress Presidents play a particularly important role in the development of the content of Congress programmes, with oversight by the Board.

Continued attractiveness and relevance of ROC events

Congress Presidents, who are appointed by the Board, are experts in their fields. They are supported by multidisciplinary colleagues with, collectively, a good understanding of the Continuing Professional Development needs of delegates. All concerned are strongly motivated to ensure the continued attractiveness and relevance of ROC events, in line with ROC’s charitable object.

3

RADIOLOGY AND ONCOLOGY CONGRESSES Annual Report of the Directors and Trustees Year ended 30 September 2024

Complete failure/cancellation of an event

Preparations for events, including associated financial risks, are kept under continual review, augmented by minuted reports at ROC-E board meetings at 3-monthly intervals. We have contracted a professional conference organiser, whose day-to-day business is to ensure the success of events. The charity is further protected by an insurance policy against sudden cancellation of the event for outside circumstances other than a pandemic.

1.2.5 Organisational Structure

The Board meets at least twice a year and the primary responsibilities of the Board, the three Honorary Officers and the Executive Committee are set out in the Articles of Association. Board effectiveness is reviewed as part of an ongoing process of review of all ROC and ROC-E operations.

The charity does not employ any management staff. Strategy decisions are discussed and approved by the Board of Trustees, and operational delivery is the responsibility of ROC Events Ltd, the wholly-owned subsidiary company, reporting to the Board of Trustees. The Board is supported by a qualified Finance Officer who provides financial and administrative support, who receives a modest payment, and the services of a Professional Conference Organising company. Company Secretarial responsibilities are undertaken by one of the members, IPEM, for which it is remunerated. None of the Board members is remunerated.

There are two Committees reporting to the Board. The UKIO Organising Committee - all members of the committee are volunteers. This committee advises the Board as to the scientific programme for the annual UK Imaging and Oncology Congress. There is also a Finance Committee chaired by the Treasurer which the Finance Officer and a representative of the Professional conference Organiser attend.

1.3 Objectives and Activities

The object of the Charity shall be to advance education in radiology, oncology and related sciences, particularly by the provision of congresses pertaining to the radiation sciences as applied to medicine, and the dissemination for public benefit of the useful results of reports of research arising from such congresses.

The company brings together three of the main UK professional organisations involved in radiology, medical imaging and radiation oncology to organise an annual major combined event encompassing diagnostic and therapeutic use of imaging and radiation.

The main objective for 2023 - 2024 was to organise the UK Imaging and Oncology Congress (UKIO). The 2023 and 2022 congresses had been very well attended (after two consecutive years of holding an online only event) and the Trustees were cautiously optimistic that the 2024 event would prove to be equally successful.

Volunteers undertake most of the organising of the scientific planning of the congresses.

1.4 Public Benefit

The Trustees have complied with their duty in section 17 of the Charities Act 2011 to have due regard to the guidance on public benefit published by the Commission in exercising their powers and planning the activities of the charity, including the guidance “Public Benefit: running a charity (PB2)”.

The company has charitable purposes, as set out in 1.3 above, which are for public benefit. They cover three of the descriptions of charitable purpose set out in the Charities Act 2011:

The Charity Commission has set out two key principles of public benefit:

4

RADIOLOGY AND ONCOLOGY CONGRESSES Annual Report of the Directors and Trustees Year ended 30 September 2024

There must be an identifiable benefit or benefits

The congress, which the charity organises as its main activity, advances the education and training of a range of persons involved in healthcare through lectures, debates and teaching sessions that not only relate to clinical practice but also include service delivery and standards. It also advances scientific knowledge in medicine and related areas. These two types of activities promote the advancement of education, health and science.

Benefits must be to the public, or section of the public

The main direct beneficiaries of the activities of the charity are healthcare professionals and researchers involved in the areas of medical imaging and treatment of cancer using radiation. The main professions involved include medical doctors, radiographers, medical physicists and industrialists. Underlying the entire operations of Radiology and Oncology Congresses is the belief that its activities are to the benefit of the public, and in particular to patients undergoing diagnostic or therapeutic radiological procedures.

The congress is open to all, with no preferential registration fees for members of particular societies or organisations. There are wide public benefits from improved healthcare resulting from the activities of the charity.

In 2023 ROC created a bursary scheme to enable a number of practitioners from countries on the United Nations list of least developed countries (UNCTAD) to attend. In 2023 we thus welcomed five participants from Liberia, Malawi, Nepal, and Uganda. A further ten bursaries were awarded in 2023 to individuals who unfortunately, for various logistical reasons (principally the time required to obtain visas) were unable to attend in 2023.We were very pleased to welcome eight of them in 2024, together with a further ten recipients of further awards made in 2024.

2024 saw the introduction of the “Pitch your Project” competition. From over 20 submissions, 6 were shortlisted for a live pitching session at the Congress which resulted in 4 projects being each granted £ 5,000 funding. The Winners submit periodic progress updates and will present the results of their research at the 2025 Congress.

Radiology and Oncology Congresses does not engage in any political activity.

1.5 Achievements and Performance

Radiology and Oncology Congresses (ROC) is a charitable company, registered with both the Charity Commission and Companies House. It is a private limited company incorporated by guarantee. Its aims and activities are encapsulated in its charitable object – to advance education in radiology, oncology and related sciences particularly by the provision of congresses pertaining to the radiation sciences as applied to medicine and the dissemination for the public benefit of the useful results of reports of research arising from such congresses.

The congress took place at the ACC in Liverpool June 10[th] -12[th] with the theme “Vision and Values: Putting People First”.

The number of individuals registered for attending was 2,330, 29% higher than the 1,811 registered in 2023. 40% of congress delegates had not attended the event before.

The number of sessions on the main programme was 117, delivered by 250 speakers and there were 63 education on the stand sessions. 2024 saw the second year of the “research hub” where researchers could recruit participants from UKIO’s multi-professional attendance with 14 live projects. The Patient centred sessions were extremely successful and well attended.

The feedback on the 2024 congress was positive – 97% of delegates rated the venue as excellent or good; 91% thought it was about the right length and the excellent or good ratings for the pre-congress and onsite management were 94% and 96% respectively – all these scores are higher than for 2023. The catering arrangements were less well received by delegates but nevertheless showed a substantial improvement over 2023. All feedback is being assessed with a view to improving the delegate and exhibitor experience next year.

5

RADIOLOGY AND ONCOLOGY CONGRESSES Annual Report of the Directors and Trustees Year ended 30 September 2024

The Directors have for some time recognised that financial and workload pressures affect budgets and ability to attend educational events and been aware of the opportunities and challenges of aspects such as digitisation of educational provision. It is apparent is that there is still a strong demand for comprehensive “broad brush” flagship events such as UKIO and the networking opportunities it offers and the 2025 meeting will once again take place in Liverpool in June 2025.

1.6 Financial Review

1.6.1 Financial Activities

Total income for the year for the charity was £169,978 (2023: £28,560). Charitable expenditure incurred directly by the Charity totalled £27,598 (2023: £44,684). Direct operational and governance costs totalled £54,894 (2023: £31,474).

The Group figures for 2024 reflect the inclusion of the gross income and expenditure for the charity’s trading subsidiary, ROC Events Ltd, which runs the United Kingdom Imaging and Oncology Congress (UKIO) on behalf of the charity. The Congress’s generated a profit of £90K (2023: profit of £146K). The surplus has enabled the Charity to cover its charitable spending and direct operational and governance costs and contribute to an increase in Reserves of £ £31K.

With sustained profitability, the charity has been able to continue to make grants. The programme of bursaries to attendees from LDC (Lesser Developed Countries as defined by the UN) continued although sadly only 8 of the 10 bursaries granted in 2023 for attendance this year were taken up but we were happy to welcome a further 10 recipients of 2024 awards. Under the banner “Pitch your Project” four grants of £ 5K each were awarded for research, audit or service improvement projects. The Charity also funded the cost of publishing the 2024 congress papers. Work is on-going to identify further areas where the charity might better use its scientific meetings to engage with the broader public and encourage the development of young professionals within the sector.

1.6.2 Reserves

The group profit of £32,561 has caused the group reserves to increase to £643,176 as at 30 September 2024 (2023: £612,615). The Trustees have reviewed the Reserves Policy and believe it appropriate to hold reserves of at least £350,000 to provide working capital for the Group, as suitable venues need to be booked significantly in advance to ensure stability for the events organised by the charity. The long-term objective of the Trustees is for the Congress to cover its own costs and the operating expenses of the charity and use any surplus for bursaries and grants. The Trustees will review the strategic requirements of the scientific meetings in the coming years to build on the current outreach elements of the meetings and consider that the balance of free reserves which will still be available provides a firm financial base for these developments.

6

RADIOLOGY AND ONCOLOGY CONGRESSES Annual Report of the Directors and Trustees Year ended 30 September 2024

1.7 Plans for Future Periods

The success of the 2024 event demonstrates the continued appetite from delegates and exhibitors for a physical congress – provided of course that it can be held safely. The 2025 event will return to Liverpool in June next year.

1.8 Acknowledgements

The Board of Trustees wishes to pay tribute to the enormous hard work by the congress's President and Organising Committee, on whom the success of the congresses is entirely dependent. The Board also wishes to acknowledge the excellent contribution of the professional conference organiser, Profile Productions Ltd, towards the effective and professional staging of the 2024 event.

1.9 Auditor

S&W Partners Audit Limited (formally known as CLA Evelyn Partners Limited), first appointed for the audit of the financial statements for the period ending September 30th 2019 is the auditor.

1.10 Small Company Exemption

The report and the financial statements have been prepared in accordance with the provisions of the Companies Act 2006 relating to small companies.

7

RADIOLOGY AND ONCOLOGY CONGRESSES Annual Report of the Directors and Trustees Year ended 30 September 2024

1.11 Statement of Trustees’ Responsibilities

The Trustees (who are also directors of the Radiology and Oncology Congresses for the purposes of company law) 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).

Company law requires Trustees to prepare financial statements for each financial year which give a true and fair view of the state of the affairs of the charitable company and the group and of the income and expenditure of the charitable group for that period. In preparing these financial statements, the Trustees are required to:

The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and the group and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

1.12 Audit Information

In so far as each of the trustees are aware:

Signed on behalf of the Trustees by:

S Bhutta

S Bhutta (Apr 4, 2025 12:06 GMT+1)

………...................... Trustee & Director S. Bhutta 26 March 2025

8

RADIOLOGY AND ONCOLOGY CONGRESSES SSW

INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS OF RADIOLOGY AND ONCOLOGY CONGRESSES

Opinion

We have audited the financial statements of Radiology and Oncology Congresses (the ‘parent charitable company’) and its subsidiary (the ‘group’) for the year ended 30 September 2024 which comprise Consolidated and Company Statement of Financial Activities, the Group and Company Balance Sheets, the Consolidated Cash Flow Statement and the notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (United Kingdom Generally Accepted Accounting Practice).

In our opinion, the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the group and parent charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees’ use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group and parent charitable company’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the Annual report of the Directors and Trustees and Financial Statements , other than the financial statements and our auditor’s report thereon. The trustees are responsible for the other information contained within the Annual report of the Directors and Trustees and Financial Statements . Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

9

RADIOLOGY AND ONCOLOGY CONGRESSES

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the group and the parent charitable company and their environment obtained in the course of the audit, we have not identified material misstatements in the Directors’ Report included within the Trustees’ Annual Report.

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

Responsibilities of trustees

As explained more fully in the Statement of Trustees’ Responsibilities set out on page 7, the trustees (who are directors of the parent charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the group’s and the parent charitable company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the group or the parent charitable company or to cease operations, or have no realistic alternative but to do so.

Auditor’s responsibilities for the audit of the financial statements

We have been appointed as auditor under the Companies Act 2006 and under section 151 of the Charities Act 2011, and report in accordance with those Acts and relevant regulations made or having effect thereunder.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below:

We obtained a general understanding of the group’s legal and regulatory framework through enquiry of management in respect of their understanding of the relevant laws and regulations. We obtained an understanding of the group’s policies

10

RADIOLOGY AND ONCOLOGY CONGRESSES

and procedures in relation to compliance with relevant laws and regulations. We also drew on our existing understanding of the charity regulation.

We understand that the group complies with the framework through

In the context of the audit, we considered those laws and regulations which determine the form and content of the financial statements, which are central to the Group’s ability to conduct operations and where failure to comply could result in material penalties. We have identified the following laws and regulations as being of significance in the context of the group:

We performed the following specific procedures to gain evidence about compliance with the significant laws and regulations above:

The senior statutory auditor led a discussion with members of the engagement team regarding the susceptibility of the group’s financial statements to material misstatement, including how fraud might occur. The key areas identified as part of the discussion were management override of controls and revenue recognition, including the manipulation of revenue through fraudulent journal entries.

The procedures carried out to gain evidence in the above areas included:

A further description of our responsibilities is available on the Financial Reporting Council’s website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor’s report.

Use of our report

This report is made solely to the parent charitable company’s members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the parent charitable company’s members those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the parent charitable company, and the parent charitable company’s members as a body, for our audit work, for this report, or for the opinions we have formed.

04/04/2025

Andrew Bond

Senior Statutory Auditor, for and on behalf o S&W Partners Audit Limited Statutory Auditor Chartered Accountants

45 Gresham Street London EC2V 7BG Date

11

RADIOLOGY AND ONCOLOGY CONGRESSES Financial Statements Year ended 30 September 2024

Consolidated and Company Statement of Financial Activities (Incorporating an Income and Expenditure Account) For the year ended 30 September 2024


Note
INCOME
Income from
Donations from third parties
Donation from subsidiary
Investment income from subsidiary
Interest income from banks
Income from Charitable Activities
UKIO
Total Income
EXPENDITURE
Charitable activities
Academic Bursaries
LDC Bursaries
Research Grants
Publication of Conference papers/other
UKIO
4,5
Total Expenditure
Surplus/(deficit) for year
Fund balance brought forward
Unrestricted funds Balance carried
forward at 30 September		 Company
2024
£
-
146,427
5,706
17,845
169,978
-
169,978
-
5,978
20,000
1,620
54,894
82,492
87,486
466,189
553,675		 Company
2023
£
8,600
5,360
7,802
6,798
28,560
-
28,560
3,127
38,177
-
3,380
31,474
76,158
(47,598)
513,787
466,189		 Group
2024
£
-
-
-
17,845
17,845
901,691
919,536
-
5,978
20,000
1,620
861,377
888,975
30,561
612,615
643,176		 Group
2023
£
8,600
-
-
6,798
15,398
898,802
914,200
3,127
38,177
-
3,380
776,048
820,732
93,468
519,147
612,615

Company Registration Number 04075344

The notes on pages 14 to 19 form part of these financial statements.

12

RADIOLOGY AND ONCOLOGY CONGRESSES Financial Statements Year ended 30 September 2024

Balance Sheets As at 30 September 2024

Notes
Fixed Assets
Investment
8
Current Assets
Debtors
9
Cash at bank and in hand
Creditors:Amounts falling
due within one year
10
Net current assets
Net Assets
Reserves
Unrestricted funds
Carried Forward		 Company
2024
£
2
100,965
469,081
570,046
16,373
553,673
553,675
553,675		 Company
2023
£
2
102,910
410,005
512,915
46,728
466,187
466,189
466,189		 Group
2024
£
-
119,950
606,987
726,937
83,761

643,176
643,176
643,176		 Group
2023
£
-
109,971
610,865
720,836
108,221
612,615
612,615
612,615

Small Company Exemption

The financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies and in accordance with the Financial Reporting Standard 102.

The financial statements were approved by the Directors and authorised for issue on 26 March 2025, and signed on its behalf by:

S Bhutta

S Bhutta (Apr 4, 2025 12:06 GMT+1)

………………………………….

S. Bhutta

Trustee, Director and Honorary Treasurer

Company Registration Number 04075344

13

RADIOLOGY AND ONCOLOGY CONGRESSES Financial Statements Year ended 30 September 2024

The notes on pages 14 to 19 form part of these financial statements.

Consolidated Cashflow Statement For the year ended 30 September 2024

Net cash (used in) / provided by operating activities
Change in cash and cash equivalents in the reporting period
Cash and cash equivalents at the beginning of the reporting period
Cash and cash equivalents at the end of the reporting period		 2024
£
(3,878)
(3,878)
610,865
606,987		 2023
£
981
981
609,884
610,865

Reconciliation of net expenditure to net cash flow from operating activities

Net income for the reporting period
Increase in debtors
Decrease in creditors
Net cash (used in) / provided by operating activities
Analysis of cash and cash equivalents
Cash in hand
Total cash and cash equivalents		 2024
£
30,561
(9,979)
(24,460)
(3,878)
606,987
606,987		 2023
£
93,468
(12,029)
(80,458)
981
610,865
610,865

14

RADIOLOGY AND ONCOLOGY CONGRESSES Notes to the Financial Statements For the Year Ended 30 September 2024

1 Accounting Policies

a) Company information

The accounts have been prepared in accordance with 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 20195) (“Charities SORP (FRS 102)”), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.

Radiology and Oncology Congresses, and the group which it heads, meets the definition of a public benefit entity under FRS 102.

The financial statements have been prepared on the historical cost convention. The principal accounting policies adopted are set out below.

The Group ran a full congress June 10th-12th 2024 in Liverpool. As detailed herein, the result for the year ending September 30[th] 2024 was a profit of £31K which has increased the Group reserves to £643 K. Looking ahead and building on the success of the 2024 Congress we will run the 2025 event, in the same venue and in the same format. We have committed to run the 2026, 2027 and 2028 events at the same venue also in substantially the same format, subject to improvements reflecting participant feedback.

In the light of the success and financial profitability of the 2024 congress and the plans for the 2025 congress, the Directors are of the opinion that there is reasonable assurance that the Group will be able to continue as a going concern for at least the twelve months following the approval of these accounts. Accordingly, the financial statements have been drawn up on the going concern basis.

Radiology and Oncology Congresses owns the whole of the share capital of ROC Events Ltd. The Directors have elected to prepare consolidated accounts and the group financial statements consolidate the financial statements of the company and ROC Events Ltd. The whole of any profit of ROC Events Limited, which would otherwise be subject to corporation tax, is donated to Radiology and Oncology Congresses.

Activities in furtherance of the charity's objectives

Events income is accounted for in the period in which the event takes place.

Investment income

Investment income is account for on an accruals basis.

General funds are available for use at the discretion of the Directors in furtherance of the objectives of the charity.

15

RADIOLOGY AND ONCOLOGY CONGRESSES Notes to the Financial Statements

For the Year Ended 30 September 2024 (Continued)

g) Expenditure

All expenses are accounted for on an accruals basis. Bursary costs are recognised at the point they are granted assuming they are unconditional and specific to the individual Expenditure incurred in connection with the specific objects of the charity is included under the heading charitable expenditure.

Expenditure is classified by the category of activity for which it is used rather than by type of expense. Allocation is on an actual basis, or where this is not possible, on an estimated usage basis.

Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to the expenditure.

Cash and cash equivalents include cash in hand and at bank, and deposits held at call with banks.

i) Financial Instruments

Financial instruments are recognised in the group’s statement of financial position when the company becomes party to the contractual provisions of the instrument.

Basic financial assets, which include trade and other 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.

Basic financial liabilities, including trade and other creditors, 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.

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 business from suppliers. Accounts 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.

16

RADIOLOGY AND ONCOLOGY CONGRESSES Notes to the Financial Statements For the Year Ended 30 September 2024 (Continued)

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, if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

There are no estimates and assumptions that have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities.

3 Members' Guarantee

Radiology and Oncology Congresses is a company limited by guarantee in England and Wales and has a licence to dispose of the word “limited” in its title. The members are: The British Institute of Radiology, The College of Radiographers, and the Institute of Physics and Engineering in Medicine. In the event of a winding up, the liability of the three members would not exceed £1 each.

4 Analysis of Charitable Expenditure

Publishing current year’s conference papers
Funding attendance of Rad Chat at ESTRO
Academic Bursaries
Research Grants
Bursaries for attendees from lesser developed
countries
UKIO 2024 (note 5)
Publishing prior year’s conference papers
Funding attendance of Rad Chat at ESTRO
Academic Bursaries
Bursaries for attendees from lesser developed
countries
UKIO 2023 (note 5)		 2024
£
£
£
£
Direct
Admin
Governance
Total
1,620
-
-
1,620
-
-
20,000
5,978
774,474
-
-
-
-
39,691
-
-
-
-
47,212
-
-
20,000
5,978
861,377
802,072
39,691
47,212
888,975
2023
£
£
£
£
Direct
Admin
Governance
Total
1,380
-
-
1,380
2,000
-
-
2,000
3,127
-
-
3,127
38,177
-
-
38,177
730,554
14,021
31,473
776,048
775,238
14,021
31,473
820,732

The Group employed no staff in the year (2023: none).

17

RADIOLOGY AND ONCOLOGY CONGRESSES Notes to the Financial Statements

For the Year Ended 30 September 2024 (Continued)

5 Expenditure by the Group

United Kingdom Imaging and Oncology Congress

Direct Venue Costs
Other Event Costs
Total UKIO Costs		 2024
£
178,905
595,569
774,474		 2023
£
173,694
556,859
730,553
6
Surplus on Ordinary Activities - Group
The surplus is stated after charging:
Auditor’s remuneration: Audit (excluding VAT)
Non-Audit (excluding VAT)
Directors’ and Officers’ Insurance		 2024
2023
£
£
27,394
16,094
1,586
1,500
2,664
2,577

7 Trustees' Remuneration

No Trustee received any remuneration during the current or previous year. Travel expenses of £7,569 (2023: £7,232) were reimbursed to 6 (2023: 5) trustees. The Trustees are considered to be the charity’s key management personnel.

8 Fixed Asset Investments

Group investment – company

ROC Events Limited is a wholly owned subsidiary by way of a gift of shares. The company’s registered address is Fairmount House, 230 Tadcaster Road, York, YO24 1ES, its Company number 06722032; it carries out trading activities and its profits are donated to the parent company.

The company has authorised share capital of 100 shares at £1 of which currently only 2 have been issued.

Company / Charity
2024 2023
Total investment £2 £2

The following information has been extracted from the financial statements of ROC Events Limited for the year ended 30 September 2024:

Aggregate Assets
Aggregate Liabilities
Reserves
Total Income
Total Expenditure
Profit for year		 2024
£
253,693
(164,190)
89,503
901,691
(812,190)
89,501		 2023
£
307,619
(161,190)
146,429
898,802
(752,375)
146,427

18

RADIOLOGY AND ONCOLOGY CONGRESSES Notes to the Financial Statements For the Year Ended 30 September 2024 (Continued)

9
Debtors
Trade debtors
Amounts owed by group undertakings
Prepayments and accrued income
VAT repayment		 Company / Charity
Group
2024
2023
2024
2023
£
£
£
£
-
-
1,075
7,436
96,803
99,696
-
-
4,162
3,214
79,458
56,884
-
-
39,417
45,651
100,965
102,910
119,950
109,971

ROC provides a loan to ROC Events Limited in order to provide the latter with working capital. ROC Events Limited runs the annual UKIO congress, which is a charitable activity.

10
Creditors
Trade creditors
Deferred Income and Accruals		 Company / Charity
Group
2024
2023
2024
2023
£
£
£
£
-
-
53,888
42,125
16,373
46,728
29,873
66,096
16,373
46,728
83,761
108,221

19

RADIOLOGY AND ONCOLOGY CONGRESSES Notes to the Financial Statements For the Year Ended 30 September 2024 (Continued)

11 Taxation

Radiology and Oncology Congresses has charitable status and is exempt from capital and income taxes on its charitable activities.

12 Committed Expenditure

As at 30 September 2024, the Group had entered into contracts for the venue in respect of the 2025, 2026, 2027 and 2028 events and with the Professional Conference Organiser in respect of the 2025 event; the total commitment as of September 30 2024 was £770,269 (2023: £670,044).

13 Related Party Transactions

On June 3[rd] 2020 the Company granted to its subsidiary ROC Events Limited an unsecured loan facility for an amount of £500,000 (of which £96,803 was drawn as at 30 September 2024) repayable on demand at an interest rate of 1% plus the Bank of England base rate on outstanding balances.

With effect from April 1[st] 2020 the Company Secretarial functions for both the Company and its subsidiary ROC Events Ltd. are subcontracted to the Institute of Physics and Engineering in Medicine, one of the Charity’s three members. The 2023/24 fee was £16,831 (2022/23: £13,415), of which £3,660 (2023 - £3,199) was unpaid as at the year end.

20