Charity registration number 1098009 (England and Wal￿>
Company reglstratlon number 4577152
Alexander Sloan
AGLudl',La,I14Q Lil Id Business Advisers
ACTACC
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

ACTACC
LEGAL AND ADMINISTRATIVE INFORMATION
Directors
J E ArrowsmNh
G Kunst
M Steven
S Agarwal
AAhmed
C Walker
C A Boynton
G Martinez
A Evans
(Appointed S July 20241
Secretary
G Kunst
Chorlty numbgr IEngland ond Wal•81 lo98￿9
Ch•rlty number IS¢otlondl
SC039915
Company numb•r
4577152
Reglst•red offlc•
clo Event Managment Direct
Unit 9, Hydra Businès$ Pa
Nether Lane
Sheffield
S35 9ZX
Ind•p•nd•nt examln•r
David Jthl, FCCA
ex8nder Sloan LLP
Accountants and BusinessAdvisers
180 Sl Vincent Street
Glasgow
G2 5SG
Bank8r8
Royal Bank of Scolland plc
24 Douglas Streel
Milngavie
Glas91)W
G2 6HJ
Sanlander
Bridle Road
Booue
Merseyside
L30 4G8
W•bslt• addrèss
www.actacc.org

ACTACC
CONTENTS
Page
Directors. report
Independent examiners report
Statement of financjal activities
Balance sheet
Notes lo the fin8n¢ial stslemenls
8-15

ACTACC
DIRECTORS, REPORT
FOR THE YEAR ENDED 31 DECEAIBER 2024
The Directors present their report and finanaal statements for the year ended 31 December 2024.
The finanaal statements have been prepared in accordance with the accounbng poliaes set out in note 1 to the
financial statement5 and compty with the chari￿s Memorandum and Arbcles ofAssociation. the Companies Act
2006. the Charities Aot 2011. the Chanties and Tnjstee Investment Iscouandl Aci 2005. the Charities Ao¢ounts
Iscouandl Regulats'ons 2006 las amended) and 'Accounting and Repotting by Charities". Statetnent of
Recommended Practice applicable to chanties prepanng their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. las amended for accounting periods
commencing from 1 January 20191.
Objectives and activitieB
The principal activity of the charity is the advancement of education and ￿Search in the fields of cardiac or
thoraac anaeslhesia.
The Associats'on for Cardiolhoracic Anaesthesia and CntKal Care aim8 to advance education in the field of
cardiothoracic anaesthesia and cntical care by org8ni5ing meeting5 aimed at Consultants and Doctors in training.
The meetings comprise of 18¢tures by experts. pra¢b"¢al dèmon$tration$ and papers of resear¢hers in this
field. The meelin9s have been devekjping ovèr fecenl years Irom a one-day meeting in Spring and Autumn into
vo or three day meetings with salellrte meetings sometimes focussed on related areas of interest such as
transoesophageal echocardiography. intensive care or thoracic anaesthesia. Some of these meetings have been
joint meetings with other specialist societses such as the Inlenswe Care Society. the British Society of
aernatology. the Society of Cardiolhoracic Surgeons or. as in 2018. the European Swety for Cardiothoracic
Anae8lhesiology and Intensive Care IEACTAIC).
Research In the field ol cardiac and thoradc anaesthesia Is promoted in various ways a$ outllned below In the
Grant Making Policy.
Free papers are requested and presenled 89 Posters and verbal presentstions al most ACTACC meetings. The
Hargadon Memorial prize is awarded for the besl oral P￿sentation a¢ the free papers and has recently been
increased to £200 with a prize of £100 for the second placed paper and similar prizes for the best poster
presenlalions.
Grant maklng pollcy
ACTACC normally funds an annual award up to a limit of £15.OCN). which is assessed through the National
Institute of Academic Anae5thesia INIUI. This amount was doubled lo £30.000 during the last 10 years. by the
slr8legy lo provide grant allocalions onty every other year. No grants were made in 2024 due lo 8 18ck of any
8ppli¢8tion$.
The 2024 NIAA grant contnbutson of £30,000 by ACTACC has been agreed to be repeated for the second NIAA
grant round in 2025 in collaboralion the Assoaalion ol Anaesthesia. who will be contributing (he same
amount. This will use £15.000 not allocaled in 2023 w•th Ihe £15.0(K) frorn 2024.
AGTACC a150 funds Travelling Fellowships for traineès and nèwly 8ppointÈd con$ultant$ in thè form of the Bill
Pallister Travalling Fallowship Award IRestrict8d Fund). The￿ no appl￿tiOnS for this Fèllowship in 2024.

ACTACC
DIRECTORS, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEAIBER 2024
Achl8¥èm•nts and pèrfomiane•
ACTACC continues to have stable membership num￿[$. It IS growing in diverstty, and increasing emphasis has
been put on making sure the views and issues of suwroups within the cafdiothoracic anaesthetic community
are represented. Forward development ol the assouation involved starting sub-committees led by the ACTACC
Directors with ACTACC members joining lo help develop reSoUr￿S and educational & research setvices for
members. More recentty the views of our cardiac surgKal colleagues and SCTS have been represented at our
executive board meetings.
New elections of ACTACC boaf¢J members in 2024 induded appointing Dr Alison Evans as a full Director and
Treasurer from her role as a trainee representative. Dr Ravish Jeeji stepped off of the Board due to ill health. Dr
Joe Arrowsmith. D1￿CtOr, who was appointed as the President of ACTACC at the charity's AGM in Glasgow on
19 November 2021 remained the Presidenl until the AGM in Cardiff in Juty 2024. In July 2024 Dr Mark Steven
was appointed 8s President and Dr Gudrun was appointed as Secretary and PreS￿ent￿leCt.
A grant of £20,000 was receiveil from Medtronic to sponser ACTACC develop a webinar programme of
educational sessions for our members.
The Annual Scientific Meeting look pla￿ as a very successhjl face&l￿faCe confe￿nce in Cardiff on 4th and Sth
Juty 2024. The next annual scjentific meebngs wll tske place in Leicester 2025 this year, in London 2026 and in
Blackpool 2027.
Flnanclal r•vl•w
Per the Slalemenl of Finan¢i81 Adivilies on page S. the ¢harity reported a Surplu$ for the year of £28,50312023-
Defiert £34,39918nd total lunds al 31 Decembèr 2024 of £275,862 of which £203,937174%1 were Unrestncted.
R•••rv•8 pollcy
It is the policy ol the charty to mainlain Unreslricted Funds al a level that equates to approximatety six months of
unrestricted expenditure. At 31 December 2024. the charity's free reserves per Unrestricted Funds amounted (o
£203,937. Atthough above the required level. Ihe reserves were 8￿ptable to Ihe D1￿Clor$ in view ol the
possibility of the ¢h8rity having lo underwNe deficits from luty￿ Meeting$.
Rl8k manag•m•nt
The Directors has assessed the major risks to which ihe charity is exposed, in particular those related to the
operations and future of the charty and are sa￿Sfied that systems are in place to mits'gale exposure to the major
risks.
Structure. governance and rnanagement
The Assoaation of Cardiothoracic Anaesthetistsllhe charity") is a company limited by guarantee INO. 45771521
governed by its Memorandum and Artides ol Associalion. The charity is an English registered charity (No.
10980091 and also a recognised S¢o¢tish Chaiity INO. SC0399151.
The Directors who serveij (Juring the year and up to Ihe dale of si9n8lure of the fin8nryal 5ts1efflenls were..
J E Arrowsmith
G Kunst
M Steven
S Agamal
AAhmed
C Walker
C A Boynton
R Jeeji
G Martinez
A Evans
(Resigned 1 December 20241
(Appointed 5 Juty 20241

ACTACC
DIRECTORS, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEAIBER 2024
Appolntm•nt of Dlr•etors
Directors of ACTACC are appointed for an initial tern of three years. renewable for a further three years. They
may only serve consecutive terms. Appointment is by nomination from within the membership of ACTACC
and, rf necessary. by postal ballot. The Direclors agree among themsefves regarding their various roles.
New Directors take part in an induction piogramrne, which aims to fatniliarise thetn wth the charity's values, aims
and obiectsves together with bts day-l(￿daY operations, in addition to darifying their statutory responsibilities as
Directors ol a company limited by guarantee and as Trustees of a charity.
Organlsatlonal structure
The Directors are responsible lor the direclion ant1 administration of the charrty and seThe on a voluntary basls.
Administrative Support for ACTACC
Event Management Direct IEMDI are the company who continue to provide adfflinistrative support for ACTACC
and EMD also organise5 the ASM.
Publle B•n•fit Stat•m•nt
The Directors confirm that they have compiled with their duty to have due regard to the gumlance on public
benefit published by the Charity ComMiss￿n in exerasing their duty and powers.
Independ?nt examlner
The Directors recommend th81 David Jeff￿81. FCCA, 8 Partner in Alexander Sloan, A¢¢ountsnls and 8usine8s
Advisers, remains in offic• as indepèndent examiner unb"I further noti¢e.
The Dlr8Ctors' Report was approved by Ihe Board of Oir8Ctors.
J E Arrowsmlth
Director
291712025
Dated..

ACTACC
INDEPENDENT EXAMINER'S REPORT
TO THE DIRECTORS OF ACTACC
I report to the Directors on my examination of the finanaal statements of ACTACC for the year ended 31
December 2024.
Responsibilities and basis of report
As the Directors of the charity land also rtg Trvstees for the purposes of company lawl, you are ￿spOnSible for
the preparation of the financial statements in accordance with the requirements of the Charities and Trustee
Investment (Scotlandl Act 2005 Ilhe 2005 Act). the Charities Accounts Iscollandl Regulations 2006 las
amended), the Companies Ac¢ 2006 (the 2(K)6 Acll and the Charibes Act 2011. You are satisfied that the
financial stslement5 of the Charity are not required by ch81ity or company law to be audrted 8nd have chosen
instead to have an ind8pendent examination.
Having satisfied mysew that financtal statements of charity are not required to be audited under Part 16 of the
2006 Act and are eligible lor independent examinabon. I report In respect of my examination of charrty's
financial statements carried out under section 44 111 I cl of Ihe 2005 Act and section 145 01 the Charrties Act
2011 (the 2011 Act). In carrying out my examination. I have followed the ￿quIreMentS of Regulation 11 of the
Charities Accounts IScoY8ndl Regulalions 2006 las amended) and all the applicable Directions given by the
Charity Commission undèr se¢tion 14515llbl ol the 2011 A¢t.
Ind•p•nd•nt examIn•￿8 statèment
Since the charity is required by cornpany law lo prepare its accounts on an accruals basis and is registered as
a charity in S¢olland, your ex8min&r musl b& 8 member of a body listed in Regulation 11121 of Ihts Charities
Accounts (Scotlandl R6gulation$ 2Q￿ la$ amènded). l ¢onfim thal l am qualth¢d lo undertakè th¥
èxamin81ion b8cau$è l am a membef QIACCA, which is one of lh& listed bodie$.
I have completed my examination. I conffirn that no matters have come to my attention in connection with the
examination giving me cause to believe thal in any material respect..
8c¢ounting r¥¢ord$ ￿re not kept in respect ol the charity 0$ required ty $e¢tion 386 of the Comp8nlg$
Act 2006.
the fin8n¢ial ststemenls do not a¢¢ord with those records.. or
the financial staternenls do not compty wlh the accounting reqU1￿ments of section 396 of the Companies
Act 2006 other than any reqU1￿ment Ihat the financial statements gpie a tnje and fair view, which 15 not a
matter considered a5 Part of an independent examinalion.. or
the financial statements have not been prepared in accordan￿ wth the methods and principles of the
Statement ol Recommended Pradice for accounting and reporting by charities applicable to charities
preparing their financial slalements in accordance with Ihe Finanaal Reporting Standard applicable in the
UK and Republic of Ireland IFRS 1021.
I have no concerns and have come across no other matters in connection with the examination lo which
attention should be drawn in this ￿K*)rt in order to enable a proper understanding of the financial statements to
be ￿aChed.
David Jeffcoal. FCCA
Alexander Sloan LLP
Accountants and Businèss Adwsers
180 St Vincent Street
Glasgow
G2 5SG
291712025
Dated..

ACTACC
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEAIBER 2024
Current flnanclal year
Unrestrlcted
lunds
2024
Restrlcted Endo¥*Thent
funds
fundi
2024
2024
Total
Total
2024
2023
Notss
Income from:
Donations and legacies
Charitable activities
Investments
42,755
78.833
2,939
42,755
78.833
2.939
21,753
133.416
1,289
Totsl Ineomè
124,527
124,527
156,458
Expenditure on..
Charitable activities
96,024
96,024
190,857
Totsl •xpondltUM
96,024
96,024
190,857
Net Incomellexpendltur•l and
movement In funds
28,503
28.503
134,3991
Reconclllatlon ol fund8=
Fund balances al 1 January 2024
17S,434
69,108
2,617
247,159
281,558
Fund balanc•8 at 31 December
2024
203.937
69.108
2.617
275.862
247,159
The statement of financial activibes indudes all gains and losses recognised in the year. All income and expenditure
derive from continuing activities.
The notes on pages 8 10 15 fomi an integral part of Ihese fin8nty•l st8tements.

ACTACC
STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED)
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEAIBER 2024
Prlor flnanclal year
Unrestrlcted
funds
2023
Restrlcted Endovmient
fundi
funds
2023
2023
Total
2023
Income from:
Donations and legacies
Charitable activities
Investments
21.753
133.416
1.289
21,753
133.416
1,289
Totsl Ineomè
156,458
156,458
Expenditure on..
Charitable activities
189.180
1,677
190,857
Totsl •xpondltUM
189.180
1,677
190,857
Not Income and mov•m•nt Sn fund•
132.7221
{1,6771
134,3991
ReconclllatSon ol funds:
Fund balan¢e$ at 1 January 2023
208,156
70,785
2,617
281,558
Fund balanc•8 at 31 December 2023
175.434
69.108
2,617
247,159
The notés on pagès B to 1S fomi an Int•gral part of Ihèse finanual statements.

ACTACC
BALANCE SHEET
AS AT 31 DECEMBER 2024
2024
2023
Notes
Currènt assèts
Debtors
Cash at bank and in hand
12
65.381
238.612
34.989
223,918
303.993
258.907
Crgdltors.. •mounts f•lllng dug ¥Athln
onè yèar
13
128.331)
111,7481
Net current a88ets
27S,662
247,159
Thè lunds ol thè ¢horlty
Endowrnenl funds
Restncted Income lund$
Unrestricted funds
1S
16
17
2.617
89,108
203.937
2.617
89,108
175.434
275,662
247,159
The company is enlitled to the exernption from the audrt requ1￿ment coniained in section 477 of the Companies Act
2006, for the year ended 31 December 2024.
The directors acknowledge their responsibilrties lor comptying wilh the requirements of th& Companies A¢t 2008
vlth respect to accounting records and Ihe preparation of financial statements.
The members have not required the company to obtain an audit of its finanrAal statements for the year in question in
accordance with section 476.
These fin8n¢i81 $t8lemenl$ have been prepared in a￿01￿0n¢• with the provisions applicable to ¢ompani&s subject
lo the small ¢ompanie$ regime.
281712025
The financial statements were approved by the Directors on .........................
A Evans
Dlrector
Company registration number 4577152 (England and Wales)

ACTACC
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEAIBER 2024
Aecountlng pollel•s
Charfty Snforniatlon
ACTACC is a private company limrted by guarantee incorporated in England and Wdles. The registered office
and principal place of business is cjo Event Managment Dired. Unit 9, Hydra Business Path, Nether Lane,
Sheffield, S35 9ZX.
1.1 Accounting convention
The financial statements have been prepared in accordance with the charity's Memorandum and Articles of
Association. the Companies Act 2006. the Charities Act 2011. Ihe Charities and Trustee Investment
Iscollandl Act 2005. the Charities Accounts (Scollandl Regulalions 2006 las amended) and "Accounting and
Reporting by Charities.. Statement of Recommended Pracbce applicable to charrties preparing their accounts
in accordance wth the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021
18$ amended for accountsng periods ￿mMenC￿l0 from 1 January 20191. Thtr ¢h81ity 1$ a Public B&neffil Entity
as defined by FRS 102.
The financial statements are prepared in steding, which is the functional currenry of the charity. Monetary
amounts in these financial statements are rounded lo the nearest £.
The finanri81 statements have been prepared under the historical cosl convention. The principal accounting
policies Bdopled are sel out below.
1.2 Golng ¢on¢¥m
At the time of approving the financial stalements. the Direc¢ors have a reasonable expectation that the charity
has adequate resour￿3 lo continue in Operal￿nal exislence for Ihe loreseeable future. Thus the Directors
¢onlinu& lo adopt the going conc¢m bo$i$ of ac¢ounling in preparing the finano81 stat&menls.
1.3 Charttable fundi
Unrestricted funds are available for use at the discretion of the Directors in furtherance of their charitable
objecbves.
Restricted funds ar8 subjèd to specthc conditsons by donors or grantors a$ to how they may bg Usgd. The
purposes and uses of the restricied lunds are set out in the notes to the finanaal statements.
Endowment fvnds ale $ubje¢t lo $p¥¢fft conditions by donors th81 th¢ ¢apilal must bo maintained by th$
charity.
1A Income
Income is recognised when the charity is legalty entitled to it after any perfomance conditions have been rnet,
the arnounts can be measured reliabty. and Tt 15 probable thal ino)me will be ￿Ceived.
Cash donations are recognised on receipt. Other donations and membership subsoiptions are recognised
once the charity has been notified of the donation. unless perfomiance condilions require deferral of the
arnount.
Legacies are recognised on receipt or olhemse il the charity has been notified ol an impending distribution,
the amount is known, and receipt is expected. If the amount is not known, the legary is I￿ated as a
contingent asset.
Income from Charltsble Actlvltles
Income from charrtable activities indudes ino)me eamed both from ihe suppty of goods or services under
contl8Ctual arr8ngements and from perft)rmance-related grants whiGh have conditions that specify the
provision of particular goods or services to be provided by the chartty. Inwme frotn charitable aGtivities is
recognised as eamed las the ielated goods or S￿VICeS are pmwded).

ACTACC
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEAIBER 2024
Accounting policies
(Continuedl
Invèstmènt Ineomè
Interest on funds held on deposrt is induded when recewable and the amount can be measU￿d reliably by the
charity,. this is normally upon notificab.on of Ihe inlerest paid or payable by the bank.
1.5 Expendlturè
Liabilities are recognised as expendrture as swn as the￿ is a legal or constnjctrve obligation commitb'ng the
ch8rity to that expenditure. it is prob8ble that seluemenl wil be required and the amount of the obligation can
be rneasuTed or estimated reliabty.
Liabilrties a￿ measured on recognrtion at historical cost and then subsequentty meaSU￿d at the best estimate
of the amount required lo settle the obligation at Ihe reporling date. The exception is that certain financial
instruments rnust be adjusted to their present value.. these include financial liabilities where settlernent is
deferred for rn0￿ than 12 month5 after Ihe reporting date.
l expenditu￿ is ¥¢¢ounl&d for on an a¢¢￿815 basi$. A# expenses Midudin9 $UPPOrt costs and governan¢&
costs are allocated or apportioned to the applicable expendIlu￿ headings.
Charltabl• aetlvlllè8
Expenditure on charitable a¢￿¥1￿¢$ InduO&s 911 costs In¢urrod by Ihe ¢hgrlty In undertaking a¢tlvlll&$ that
further rts charitable aims for the benefft ol its beneficiaries. induding those support costs and costs relating to
the governance of the charrty apportj'oned to charitable aclivilies. The costs of charitable activities presented
in the Statement of Finanrial Activilies indudes the ry)sts of both direct service provision and the payrnents of
granl awards il applicable.
Grant expendlture
Grants payable are made to third parties in the fvrtherance of the charrtable objects. The award of a grant is
recognised as a liability onty when the criteria for a constructive obligation are rnet. payment Is probable, il can
be rneasured reliably and there are no condrtions atlaGhin9 to its payment th81 limrt recognition.
In the case ol an uncondrtional grant offer. this is accrued once the reapient has been notffied of the grant
award. The notification gives the recipient a reasonable expectation that they will recewe the one-year or
multi-year grant. Granl awards Ihat are subjed lo the ￿￿plent fulfilling perfomiance conditions are only
accrued when the recipient has been nots￿d of Ihe granl and any remaining unfulfilled condition attaching lo
that grant is outside ol the ¢onlrol of the ¢h8rty.
Governance cost8
Governance costs Ivthith are induded as a ¢omponenl of support costs in accordance with SORPI comprise
all costs involving the public accountability ol the charity and rts compliance with regulalM)n and good practice.
These costs include those related to constitutional and statulory iequirements, extem81 scrub'ny (audit tsi
independent examination), strategic management, and other le9al and professional fees.
IrrecoverJble VAT
Irtecoverable VAT is charged against the èxpendtture heading for which it was incutyed.
1.6 Cash and cash equivalents
Cash and cash equivalents indude cash in hand, deposits held at call with banks. other short-term liquid
investments wlh original maturities of th￿e months or less, and bank overdrafts. Bank overdrafts are shown
wrthin borrowings in curTent liabilrties.

ACTACC
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEAIBER 2024
Accounting policies
(Continuedl
1.7 Flnanelal Instrnm•nts
The charity has elected to appty the provisions of Section 11 'Basic Financial Instwments, and Sects'on 12
'Other Finanri81 Instruments Issues. of FRS 102 to all of its financial instruments.
Flnancial instruments are recognisefl in the chanty's balance sheet when the chailty becomes party to the
contractual provisions of the instrument.
Financial assets and liabilitEs are offset. wth the net amounts presented in the financial statements, when
there is a legalty enforceable right lo set off the recognised amounts and there is an intention lo settle on a net
b8515 or to realise the asset and 5elUe the liability simuhaneou5ty.
Basle finanelal •ss•ts
Basic financial asset5. whKh indude debtor5 and cash and bank balances. a￿ initially measured at
tr8ns8Ction price induding Iransaction costs and are subsequentty carried at 8morty.sed c05t Using the effective
interest method unles5 the 8rr8ngemenl wnstilules a finan￿n9 transaction. where the transaction 1$
measured at the present value of the lulure receipls discounl•d at a market rate of interest. Finanaal assets
classified as r￿1Vable within one yeai ale not amortbsed.
Baslc flnancial liabilltlos
B8sic fin8n¢ial liabilities. indudin9 Creditors and bank 108n$ ao initk?Ily recognised al tr8n$adion pri¢e unl•$$
the arrangement conslilules a finanong transaction. where the debt Inslwment is measured at the present
value ol the future payments discounted at a market ratè of inlerest. Finanaal liabilities classified as payable
wrthin one year are not amortised.
Debt instruments are 8ubsequentty carried at amortl8ed cosl. using the effective interest rate method.
Trade ¢re¢Jilor$ a￿ obligations lo pay for 9oc4Js or servi¢*$ Ihal have b¢•n acquirea in the ordinary ¢ours¥ of
operations from suppliers. Amounts payable are dassified as current liabilrties if payment is due wthin one
year or less. If not, they are presente¢J as non-current liabilitses. Trade credrtors are recognised iniually at
transaction price and subsequentty measured at amortised cost using the effectNe interest rnethod.
Dorecognition of finonclal liabilities
Financial Iiabilrties are derecognised when the charty's contractual obligations expire or are discharged or
cancelled.
1.8 Employee benellts
The cost of any unused holiday entthment is recognised in the period in which the employee's seNus are
received.
Terrnination benefits are recognised immediatety as an expense when the charity is demonstrably cornmrtted
lo tenninale the employment of an employee or to provKle lewrninatson beneffts.
Critical aeeountin9 •Stimat•s and judg•mènts
In the applicats.on of the chanty's accounting policies. the Directors a￿ ￿qUired to make judgements,
estimates and assumptions about the carying amounl ol assels and liabilrties that are not readify apparent
from other sources. The estimates and asswaled assumpbons are based on historical experience and other
factors that are considered to be relevant. Actual resums may differ from Ihese estirnates.
The estimates and underlying assumptions ale reviewed tsn an ongoing basis. Revisions to accounting
estimates are recognise¢J in the peri¢)d in which the ests.mate is revised where the revision affects On￿ that
period, or in the period of the revision and future periods where the revision affects both current and future
periods.
10-

ACTACC
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEAIBER 2024
Ineom• from donatlons and legael•s
Unrestricted
funds
2024
Unrestrlcted
funds
2023
Membership Subscriptions
Medtronic Limited Partnership Sponsorship
21.755
21,000
21,753
42,755
21,753
In¢om• from ¢horltabl• a¢iivltlos
2024
2023
In¢om8 from ￿￿tIng$
78,833
133,416
Income from Inv••tm•nt•
Unrnotrtcted Unmtrlcted
fund•
fund8
2024
2023
Interest receivable
2,939
1,289
6 Cost ol eharltabl• aeUvltl••
2024
2023
Running costs
Interest and finance charge$
Governan￿ costs
Grant payable {see Note 7)
92,355
159
3,510
150,567
170
4.230
35,890
96,024
190,857
Analysls by fvnd
Unrestncted funds
Restricted funds
96,024
189,180
1.677
96.024
190.857

ACTACC
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEAIBER 2024
Grants payablè
2023
Grants to institutions-.
North Bristol NHS Trust-ACTACC NIAA Granl
Travelling expenses award to Dr Thomas Keast
34.213
1,677
35,890
Dlrèctors
None ol the Directors lor any persons connecled wih them) received any remuneraiion or benefils from the
charity during the year.
Employee¥
The 8vera9e monthty number ol employees during the yearwa8-.
2024
Numb•r
2023
Numbèr
Total
Thore wore no employ￿$ whose annual r¥munerotion wa$ mor& than £80.000.
R•muneratlon of key management pernonn•l
The remuner4ts.on of key management personn81 was as follows:
10 Taxatlon
The charity is exempt from taxation on its activities because all its income is aPpl￿d for charitable purposes.
11 Net Incomellexpendlturel for the y•ar
2024
2023
Nel incomelleKpenditurel lor the year is stsled after tharging=
Indgpendont Examinèrs remunèr8tion
3,510
4,230
12 Debtors
2024
2023
Amounts falllng due wlthln one year:
Trade debtors
Other debtors
Prepayments and accrued income
2.126
49.475
13,780
870
27,777
6,342
65,381
34,989
12_

ACTACC
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEAIBER 2024
13 Cr•dltors'. amounts falllng du• wbthln on• yèar
2024
2023
Notes
Deferred income
Other credrtors
Accru8ls
14
13.400
11,931
3.000
8,028
3.720
28.331
11,748
14 Def?rred Incorn?
2024
2023
Arlsing from Mèetlng$ In y8ars
13,400
Deferred income is induded in Ihe finawal stslem&nts as follows..
2024
2023
Deferred income Is induded wthin..
Cur￿n1 liobilllies
13,400
Movements in the year..
Deferred income at 1 January 2024
Released from previous periods
Resources deferred in the year
9.100
19,1001
13.400
Deferred incom¥ 8131 D￿mber 2024
13,400
15 Endowment lunds
Endowment funds represenl assets which must be held pe￿anenIty by Ihe charity. Income arising on the
endowment funds be used in accordance with the objects of the tharity and is included as unrestricted
income.
At 1 January
2024
At31
Decèmber
2024
Pem)anent endowments
John Haigadon Memorial Fund
2.617
2,617
13-

ACTACC
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEAIBER 2024
15 Endovnnent funds
(Continuedl
Prèvlous yèar=
At 1 January
2023
At31
Deeember
2023
Pèman•nt èndowmènts
John Hargadon Memorial Fund
2.617
2.617
Purpose of Endowment Fund
John Harg¥don Mernorlal Fund
Interest arising from tho Fund is alltxaled lo the Charit￿$ General Funa. Th& Fund 1$ lulty ￿presented by
eash.
16 R•8trfcted lund8
The restricted funds of the charity comprise the unexpended balances of donations and grant5 held on trust
subject lo specific condition5 by donors as to how Ihey may be used.
At 1 J•nuory
2024
R*8our¢•8
•xpond•d
At31
Doe•mbtr
2024
Bill P8llisl&r Travelling Fellowship Award Fund
69.108
89,108
Prevlou$ y¥•r=
At 1 J•nuory
2023
R*¥our¢•8
¥xp¢nd¥d
At31
D¢¢¥mber
2023
Bill Pallisl&r Tr8velling Fellowship Award Fund
70.785
11,6771
69,108
8111 Palll8ter Tr¥velllng Fellov&Fhlp A￿r￿ Fund
The Bill Pallisler Travelling Fell¢)wship Award Fund represents le98ry income th81 w85 received from the
Estate of the18te Bill Palliste¥.
An amount of £5,000 is available during any single calendar year, and wll usualty be paid to a single applicant
but may be divided befften applicanls. at the d•s￿l￿)n of the Educalion Committee. The award is intended
to support a trainee or wnsultant wthin three years of appointrnent lo Iravel to an over5ea5 centre of interest.
14_

ACTACC
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEAIBER 2024
17 Unr•strSetod funds
These are the unrestricted fijnds to the charity
At 1 January
2024
Incoming
resource$
Resources
expended
At31
D8c8mber
2024
General fvnds
175.434
124.527
196.0241
203,937
Previous year:
At 1 January
2023
Incomlng
Resources
xpended
At31
De¢gmb8r
2023
Goneral fvnd$
208,156
156,458
1189,1801
175,434
18 Anoly$l8 of n•1 08$*18 b•tw¢on fund$
Unrestrlcted
fund8
2024
Rostrlcted Endovrnent
funds
funds
2024
2024
Total
2024
At 31 D•¢¥mb*r 2024=
Current assetsllliabilitiesl
203.937
69.108
2,617
275,862
203.937
69.108
2.817
275.662
Unr¢¥tri¢ted
funds
2023
Rt¥tfl¢ted Endowment
funds
funds
2023
2023
Totgl
2023
At 31 December 2023:
Current 8ssets1lliabilttiesl
175.434
69.108
2.617
247,159
175,434
69,108
2,617
247,159
19 Related paity transactlons
There were no disdosable related party transactions during the year12023- none).
15-