THE CRANIOFACIAL SOCIETY OF GREAT BRITAIN AND IRELAND A SOCIETY FOR THE STUDY OF CLEFT LIP AND PALATE AND OTHER CRANIOFACIAL ANOMALIES
Charity No. 1092782
Company No. 04338320
Trustees' Report and Unaudited Accounts
30 September 2021
THE CRANIOFACIAL SOCIETY OF GREAT BRITAIN AND IRELAND A SOCIETY FOR THE STUDY OF CLEFT LIP AND PALATE AND OTHER CRANIOFACIAL ANOMALIES
Contents
Pages Trustees' Annual Report 2 to 3 Independent Examiner's Report 4 Statement of Financial Activities 5 Summary Income and Expenditure Account 6 Balance Sheet 7 Statement of Cash flows 8 Notes to the Accounts 9 to 15 Detailed Statement of Financial Activities 16 to 17
Page 1
THE CRANIOFACIAL SOCIETY OF GREAT BRITAIN AND IRELAND A SOCIETY FOR THE STUDY OF CLEFT LIP AND PALATE AND OTHER CRANIOFACIAL ANOMALIES
Trustees Annual Report
THE CRANIOFACIAL SOCIETY OF GREAT BRITAIN AND IRELAND - A SOCIETY FOR THE STUDY OF CLEFT LIP AND PALATE AND OTHER CRANIOFACIAL ANOMALIES
The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the unaudited financial statements of the charity for the year ended 30 September 2021.
REFERENCE AND ADMINISTRATIVE DETAILS
Company No. 04338320
Charity No. 1092782
Registered Office
5 Singleton Court Wonastow Road Industrial Est Monmouth Gwent NP25 5JA
Directors and Trustees
The Directors of the charitable company are its Trustees for the purposes of charity law. The following Directors and Trustees served during the year:
J. Davies
F. Mehendale
Company Secretary
L. Crampin
Accountants
pH & Co 5 Singleton Court Wonastow Road Industrial Est Monmouth NP25 5JA
Page 2
THE CRANIOFACIAL SOCIETY OF GREAT BRITAIN AND IRELAND A SOCIETY FOR THE STUDY OF CLEFT LIP AND PALATE AND OTHER CRANIOFACIAL ANOMALIES
Trustees Annual Report
OBJECTIVES AND ACTIVITIES
Public benefits
The trustees have complied with their duty to have due regard to the Charity Commission's public benefit guidance. The main activities of the Society during the year ended 30 September 2021 included: A multidisciplinary scientific and educational conference with associated prizes for excellence; supporting an educational programme to prevent delayed detection of cleft palate - both financially and with clinical input; and support of research governance processes.
This year’s annual conference was virtual due to COVID 19 Situation.
STRUCTURE, GOVERNANCE AND MANAGEMENT
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006 and in accordance with the Charities SORP (FRS 102).
Signed on behalf of the board
J. Davies Trustee 22 June 2022
Page 3
THE CRANIOFACIAL SOCIETY OF GREAT BRITAIN AND IRELAND A SOCIETY FOR THE STUDY OF CLEFT LIP AND PALATE AND OTHER CRANIOFACIAL ANOMALIES
Independent Examiners Report
Independent Examiner's Report to the trustees of THE CRANIOFACIAL SOCIETY OF GREAT BRITAIN AND IRELAND A SOCIETY FOR THE STUDY OF CLEFT LIP AND PALATE AND OTHER CRANIOFACIAL ANOMALIES
I report to the charity trustees on my examination of the accounts of THE CRANIOFACIAL SOCIETY OF GREAT BRITAIN AND IRELAND - A SOCIETY FOR THE STUDY OF CLEFT LIP AND PALATE AND OTHER CRANIOFACIAL ANOMALIES for the year ended 30 September 2021 which comprise the Statement of Financial Activities, the Summary Income and Expenditure Account, the Balance Sheet, the Statement of Cash Flows and the related notes.
Responsibilities and basis of report
As the trustees of the charity (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act’).
Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's financial statements as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that:
-
accounting records were not kept in accordance with section 386 of the 2006 Act ; or
-
the financial statements do not accord with those records; or
-
the financial statements do not comply with the accounting requirements under section 396 of the 2006 Act other than any requirement that the financial statements give a 'true and fair' view which is not a matter considered as part of an independent examination; or
-
the financial statements have not been prepared in accordance with the Charities SORP (FRS 102).
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.
Mr. A Kandasamy AFA pH & Co 5 Singleton Court Wonastow Road Industrial Est Monmouth NP25 5JA
22 June 2022
Page 4
THE CRANIOFACIAL SOCIETY OF GREAT BRITAIN AND IRELAND A SOCIETY FOR THE STUDY OF CLEFT LIP AND PALATE AND OTHER CRANIOFACIAL ANOMALIES
Statement of Financial Activities for the year ended 30 September 2021
| Notes Income and endowments from: Donations and legacies 4 Investments 5 Other 6 Total Expenditure on: Raising funds 7 Charitable activities 8 Other 10 Total Net losses on investments Net expenditure Transfers between funds Net expenditure before other gains/(losses) Other gains and losses Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward |
Unrestricted funds 2021 £ 39,018 2,878 6,322 |
Total funds 2021 £ 39,018 2,878 6,322 |
Total funds 2020 £ 13,315 3,211 - |
|---|---|---|---|
| 48,218 18,766 1,463 29,020 |
48,218 18,766 1,463 29,020 |
16,526 14,926 8,949 31,029 |
|
| 49,249 - |
49,249 - |
54,904 (5,879) |
|
| (1,031) - |
(1,031) - |
(44,257) - |
|
| (1,031) | (1,031) | (44,257) | |
| (1,031) 158,039 157,008 |
(1,031) 158,039 157,008 |
(44,257) 202,296 158,039 |
Page 5
THE CRANIOFACIAL SOCIETY OF GREAT BRITAIN AND IRELAND A SOCIETY FOR THE STUDY OF CLEFT LIP AND PALATE AND OTHER CRANIOFACIAL ANOMALIES
Summary Income and Expenditure Account for the year ended 30 September 2021
| Income Net losses on investments Interest and investment income Gross income for the year Expenditure Total expenditure for the year Net expenditure before tax for the year Net expenditure for the year |
2021 £ 45,340 - 2,878 48,218 49,249 49,249 (1,031) (1,031) |
2020 £ 13,315 (5,879) 3,211 |
|---|---|---|
| 10,647 | ||
| 54,904 | ||
| 54,904 | ||
| (44,257) | ||
| (44,257) |
Page 6
THE CRANIOFACIAL SOCIETY OF GREAT BRITAIN AND IRELAND A SOCIETY FOR THE STUDY OF CLEFT LIP AND PALATE AND OTHER CRANIOFACIAL ANOMALIES
Balance Sheet at 30 September 2021
| Company No. 04338320 Notes 2021 £ Fixed assets Investments 12 78,259 78,259 Current assets Debtors 13 14,912 Cash at bank and in hand 73,124 88,036 Creditors:Amount falling due within one year 14 (9,287) Net current assets 78,749 Total assets less current liabilities 157,008 Net assets excluding pension asset or liability 157,008 Total net assets 157,008 The funds of the charity Restricted funds 15 Unrestricted funds General funds 15 157,008 157,008 Reserves 15 Total funds 157,008 |
Company No. 04338320 Notes 2021 £ Fixed assets Investments 12 78,259 78,259 Current assets Debtors 13 14,912 Cash at bank and in hand 73,124 88,036 Creditors:Amount falling due within one year 14 (9,287) Net current assets 78,749 Total assets less current liabilities 157,008 Net assets excluding pension asset or liability 157,008 Total net assets 157,008 The funds of the charity Restricted funds 15 Unrestricted funds General funds 15 157,008 157,008 Reserves 15 Total funds 157,008 |
2020 £ 69,716 |
|---|---|---|
| 69,716 10,580 84,931 |
||
| 88,036 (9,287) 78,749 157,008 157,008 157,008 157,008 157,008 157,008 |
95,511 (7,188) |
|
| 88,323 158,039 |
||
| 158,039 | ||
| 158,039 | ||
| 158,039 | ||
| 158,039 | ||
| 158,039 |
These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
For the year ended 30 September 2021 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
Approved by the board on 22 June 2022
And signed on its behalf by:
F. Mehendale Trustee 22 June 2022
Page 7
THE CRANIOFACIAL SOCIETY OF GREAT BRITAIN AND IRELAND A SOCIETY FOR THE STUDY OF CLEFT LIP AND PALATE AND OTHER CRANIOFACIAL ANOMALIES
Statement of Cash flows for the year ended 30 September 2021
| Cash flows from operating activities Net expenditure per Statement of Financial Activities Adjustments for: Dividends, interest and rents from investments Increase in trade and other receivables Increase in trade and other payables Net cash used in operating activities Cash flows from investing activities Payments for investments Dividends, interest and rents from investments Net cash from investing activities Net cash from financing activities Net decrease in cash and cash equivalents Cash and cash equivalents at the beginning of the year Cash and cash equivalents at the end of the year Components of cash and cash equivalents Cash and bank balances |
2021 £ (1,031) (9,200) (4,332) 2,097 (12,466) (2,221) 9,200 6,979 - (5,487) 84,931 79,444 73,124 73,124 |
2020 £ (44,257) (3,211) (4,428) 1,192 |
|---|---|---|
| (50,704) - 3,211 |
||
| ~~3211~~ | ||
| ~~,~~ | ||
| - | ||
| (47,493) 128,966 |
||
| 81,473 | ||
| 84,931 84,931 |
Page 8
THE CRANIOFACIAL SOCIETY OF GREAT BRITAIN AND IRELAND A SOCIETY FOR THE STUDY OF CLEFT LIP AND PALATE AND OTHER CRANIOFACIAL ANOMALIES
Notes to the Accounts
for the year ended 30 September 2021
1 Accounting policies
Basis of preparation
The financial statements 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 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
Change in basis of accounting or to previous accounts
There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.
Fund accounting
Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity.
-
Designated funds These are unrestricted funds earmarked by the trustees for particular purposes. Revaluation funds These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values.
-
Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal.
Income
-
Recognition of Income is included in the Statement of Financial Activities (SoFA) when the charity income becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability.
-
Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SoFA. Donations and Voluntary income received by way of grants, donations and gifts is included in the legacies the SoFA when receivable and only when the Charity has unconditional entitlement to the income.
-
Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the donations and gifts gift/donation to which it relates. Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material.
Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets
Page 9
THE CRANIOFACIAL SOCIETY OF GREAT BRITAIN AND IRELAND A SOCIETY FOR THE STUDY OF CLEFT LIP AND PALATE AND OTHER CRANIOFACIAL ANOMALIES
Expenditure
Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT which expenditure cannot be fully recovered, and is reported as part of the expenditure to which it relates. Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activities services in the furtherance of its objects, including the making of grants and governance costs. Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid. Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs. Other expenditure These are support costs not allocated to a particular activity.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Freehold investment property
Investment properties are measured initially at cost and subsequently at fair value at each balance sheet date and are not depreciated. All gains or losses are taken to the Statement of Financial Activities as they arise.
Stocks
Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair value which is the amount the charity would have been willing to pay for the items on the open market.
Trade and other debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.
Trade and other creditors
Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
Page 10
THE CRANIOFACIAL SOCIETY OF GREAT BRITAIN AND IRELAND A SOCIETY FOR THE STUDY OF CLEFT LIP AND PALATE AND OTHER CRANIOFACIAL ANOMALIES
Research and development
Expenditure on research and development is written off in the year in which it is incurred.
Foreign currencies
Monetary assets and liabilities denominated in currencies other than the functional currency of the charity are translated at the rates of exchange prevailing at the end of the reporting period.
Transactions in currencies other than the functional currency of the charity are recorded at the rate of exchange on the date that the transaction occurred.
All exchange differences are are taken into account in arriving at net income/expenditure.
2 Company status
The company is a private company limited by guarantee and consequently does not have share capital.
Page 11
THE CRANIOFACIAL SOCIETY OF GREAT BRITAIN AND IRELAND A SOCIETY FOR THE STUDY OF CLEFT LIP AND PALATE AND OTHER CRANIOFACIAL ANOMALIES
3 Statement of Financial Activities - prior year
| 3Statement of Financial Activities - prior year | |||
|---|---|---|---|
| Income and endowments from: Donations and legacies Investments Total Expenditure on: Raising funds Charitable activities Other Total Net gains on investments Net income Net income before other gains/(losses) Other gains and losses: Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward 4Income from donations and legacies Conference & Meetings Subscriptions 5Income from investments Investment Fund Interest |
Unrestricted £ 23,980 15,038 39,018 Unrestricted £ 2,221 657 2,878 |
Unrestricted funds 2020 £ 13,315 3,211 16,526 14,926 8,949 31,029 54,904 (5,879) (44,257) (44,257) (44,257) 202,296 158,039 Total 2021 £ 23,980 15,038 39,018 Total 2021 £ 2,221 657 2,878 |
Total funds 2020 £ 13,315 3,211 |
| 16,526 14,926 8,949 31,029 |
|||
| 54,904 (5,879) |
|||
| (44,257) | |||
| (44,257) | |||
| (44,257) 202,296 |
|||
| 158,039 | |||
| Total 2020 £ - 13,315 |
|||
| 13,315 | |||
| Total 2020 £ 2,421 790 3,211 |
Page 12
THE CRANIOFACIAL SOCIETY OF GREAT BRITAIN AND IRELAND A SOCIETY FOR THE STUDY OF CLEFT LIP AND PALATE AND OTHER CRANIOFACIAL ANOMALIES
6
Other income
| 7 Expenditure on raising funds Costs of generating voluntary income Conference & Meetings 8 Expenditure on charitable activities Expenditure on charitable activities Grants made Governance costs 9 Analysis of grants Activity or programme Other Donation Activity or programme Other Donation |
Unrestricted £ 6,322 6,322 Unrestricted £ 18,766 18,766 Unrestricted £ 1,463 1,463 |
Total 2021 £ 6,322 6,322 Total 2021 £ 18,766 18,766 Total 2021 £ 1,463 ~~1,463~~ Total 2021 £ - Total 2021 £ - |
Total 2020 £ - |
|---|---|---|---|
| - | |||
| Total 2020 £ 14,926 |
|||
| 14,926 | |||
| Total 2020 £ 8,949 |
|||
| ~~8,949~~ | |||
| Total 2020 £ - Total 2020 £ - |
Page 13
THE CRANIOFACIAL SOCIETY OF GREAT BRITAIN AND IRELAND A SOCIETY FOR THE STUDY OF CLEFT LIP AND PALATE AND OTHER CRANIOFACIAL ANOMALIES
10 Other expenditure
| Other expenditure | |||
|---|---|---|---|
| Student Bursaries Motor and travel costs General administrative costs Legal and professional costs |
Unrestricted £ 240 29 7,048 21,703 29,020 |
Total 2021 £ 240 29 7,048 21,703 29,020 |
Total 2020 £ 1,050 474 7,116 22,389 |
| 31,029 |
11 Staff costs
No employee received emoluments in excess of £60,000.
12 Investments
| Cost or revaluation At 1 October 2020 Additions Revaluation At 30 September 2021 Net book values At 30 September 2021 At 30 September 2020 13 Debtors Prepayments and accrued income 14 Creditors: amounts falling due within one year Other creditors Accruals |
2021 £ 14,912 14,912 2021 £ 9,286 1 9,287 |
Other investments - Unlisted £ 69,716 2,221 6,322 78,259 78,259 69,716 |
Total £ 69,716 2,221 6,322 |
|---|---|---|---|
| 78,259 | |||
78,259 |
|||
| 69,716 | |||
2020 £ 10,580 |
|||
| 10,580 | |||
| 2020 £ 7,189 (1) 7,188 |
Page 14
THE CRANIOFACIAL SOCIETY OF GREAT BRITAIN AND IRELAND A SOCIETY FOR THE STUDY OF CLEFT LIP AND PALATE AND OTHER CRANIOFACIAL ANOMALIES
15 Movement in funds
| Restricted funds: Unrestricted funds: General funds Total funds 16 Analysis of net assets between funds Investments Net current assets 17 Reconciliation of net debt Cash and cash equivalents Net debt |
At 1 October 2020 158,039 158,039 |
Incoming resources (including other gains/losses ) £ 48,218 48,218 At 1 October 2020 £ 84,931 84,931 84,931 |
Resources expended £ (49,249) (49,249) Unrestricted funds £ 78,259 78,749 157,008 Cash flows £ (11,807) (11,807) (11,807) |
At 30 September 2021 £ 157,008 |
|---|---|---|---|---|
| 157,008 | ||||
| Total £ 78,259 78,749 |
||||
| 157,008 | ||||
| At 30 September 2021 £ 73,124 |
||||
| 73,124 | ||||
| 73,124 |
18 Related party disclosures
Controlling party
The company is limited by guarantee and has no share capital; thus no single party controls the company.
Page 15
THE CRANIOFACIAL SOCIETY OF GREAT BRITAIN AND IRELAND A SOCIETY FOR THE STUDY OF CLEFT LIP AND PALATE AND OTHER CRANIOFACIAL ANOMALIES Detailed Statement of Financial Activities
for the year ended 30 September 2021
Unrestricted
| Income and endowments from: Donations and legacies Conference & Meetings Subscriptions Investments Investment Fund Interest Other Total income and endowments Expenditure on: Costs of generating donations and legacies Conference & Meetings Total of expenditure on raising funds Charitable activities Grants made Total of expenditure on charitable activities Other expenditure Student Bursaries Motor and travel costs Travel and subsistence General administrative costs, including depreciation and amortisation Bank charges General insurances Software, IT support and related costs Subscriptions |
1,463 1,463 funds 2021 £ 23,980 15,038 39,018 2,221 657 2,878 6,322 6,322 48,218 18,766 18,766 18,766 1,463 240 240 29 29 299 689 4,470 35 |
1,463 1,463 Total funds 2021 £ 23,980 15,038 39,018 2,221 657 2,878 6,322 6,322 48,218 18,766 18,766 18,766 1,463 240 240 29 29 299 689 4,470 35 |
Total funds 2020 £ - 13,315 |
|---|---|---|---|
| 13,315 | |||
| 2,421 790 |
|||
| 3,211 | |||
- |
|||
| - | |||
| 8,949 8,949 16,526 14,926 14,926 14,926 8,949 1,050 |
|||
| 1,050 | |||
474 |
|||
| 474 | |||
612 556 4,528 40 |
Page 16
THE CRANIOFACIAL SOCIETY OF GREAT BRITAIN AND IRELAND A SOCIETY FOR THE STUDY OF CLEFT LIP AND PALATE AND OTHER CRANIOFACIAL ANOMALIES
| Sundry expenses Telephone, fax and broadband Legal and professional costs Accountancy and bookkeeping Management charges Total of expenditure of other costs Total expenditure Net gains on investments Net expenditure Net expenditure before other gains/(losses) Other Gains Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward |
313 1,242 7,048 2,840 18,863 21,703 29,020 49,249 - (1,031) (1,031) - (1,031) 158,039 157,008 |
313 1,242 7,048 2,840 18,863 21,703 29,020 49,249 - (1,031) (1,031) - (1,031) 158,039 157,008 |
138 1,242 |
|---|---|---|---|
| 7,116 | |||
| 2,840 19,549 |
|||
| 22,389 | |||
| 31,029 | |||
| 54,904 (5,879) |
|||
| (44,257) | |||
| (44,257) - |
|||
| (44,257) | |||
202,296 158,039 |
Page 17