THE BRITISH PAIN SOCIETY EXPERTISE WHERE IY MATTÉRS The Britfsh Paln Soclety (A company limited by guarantee) Consolldated Flnanclal Statements Year ended December 2020 3rd Floor Churchlll House 35 Red Llon Square London WCIR 4SG Charlty Number: 1103260 Reglstered Charlty In Scotland Number: SC039583 Company Number: 5021381
Tho BrM$h Paln So¢lety Contents Page No. Legal and admInIstrate Informatlon Olreclor< pOrt 2-8 Independent Examlnerfs report Consolidated Statement of Flnanclal Activltles io Consolldated and charlty Bafance Sheets li Consolldated and Charlty Statements of Cash Hows Notesto the Flnanclal Statements 13-23
Thg Brlllsh Paln Soclety Legal and admlnlstratl¥t Informatlon Dlrectors tstJanu•ry- 2* September 2020 3(SePtember-3tst DeMb 2020 DrA Bhaskar DrA. P. 8aranowskl Presldent Immedlate Past Pre51dent Vke Presldent Honordry Secretsry Interim Hon. Treasurer Emefitus Prof. S. Ahmedzal thunal Member Dr P. Brook Coun¢ll Member Dr N. co11han Council Member Mr M. Hey Coundl Member Dr R. Krlshnamoorthy Councll Membèr Dr S. Love-JDnes Councll Member Dr D. Pan8 Coundl Mernber Dr A, S}ft Councll Member DrA. Bhasknr Prof. R Knaggs Presldent Vlce Presldent Pmf. R Kna8gS Dr A Elssa Dr A Gulve DA, Elssa Dr A. Gufve Emeritus Prof. S. Ahmedzai Honorary Secretary Honorary Treasurer Councll Mernber Dr P. Brook Dr N, Colllghan Mrm. Hey Dr R. Kr5ShnaMrthY Dr S. Love-jones Ms C. Manson Or D. Pang Dr A Swift Councll Member Council Member Council Member Councll Member Councll Member Councll Member Councll Member Council Member Staff members as of31 December 2020: Msjenny Nlchola5 Chlef Executive offlcer M5 Difia Almuli SecretsrEat Manager Registered Office: ThSrd Floorchurchill House 35 Red Llon Squa London WCIR 4SG Bankers: CAF Bank 25 n8$ Hill Avenue Kln8s Hlll West Mallin8 Kent ME19 4JQ Sollcknr: Hempsons Solicltors Hempsons House 40 Vllllers Street London WC2N 6NJ Re815tered Accountant: Sandlson Lang 2 St Marfs Road Tonbrldge K¢ntTN9 2LB
Thè Brltlsh Paln Soclety Isthe largest multidlsclplinary professional organlsatlon In the field of Paln In the UX. It compri5e5 doctor5. nurses. phy5iOtherapi5ts, scientlsts, P5y¢holo8ists, oc¢upatlonal theraplsts, and other heaFthcare professlonals artively engaged In the dia8nosis ènd management of paln and In paln research. As of 3111 December 2020, there were 924 member The Society Is the Brltlsh Chapter of the International ASSOCIatn for the Study of Paln IIASP) and is part of the European FederatSon of IASP Chapters IEFICI. The wholly owned tradlng 5ubsidlary 'BPS Paln Buslness Ltd, was establlshed In September 2014 to run tr4dln8 operatlons on beha of the Soctety. The Dlrectors present their Annual Report and Financial Statements for year ended 31° December 2020. These flnanclal statements ¢omply with the ¢harttable comparfs Memorandum and Articles of Assoclatlon and appllcable laws and regvlatlons [the Charitles Art 2011, the Companles Act 2CQ6, the Charltles and Trustee Investment {Scotlandl Act 2005,. regul4tlon5 6 and 8 of the Charlties Accounts {kotlandl Regulatlons 2006 and the Charlties SORP IFRS 1021 publlshed In Ortober 20191. I. STRIKfuRE, 60VER14ANCE AND MANAGEMENT The Brittsh Paln Soclety Ss a company limited by guarantee incorporated on 21January 2004 andls governed by Its Memorandum and Artlcles of Assoclatlon, along wtth the Regulatlons last updated on 29 September 2020. The Directors are appolnted by ballot of the members. ex¢eptfortheVlce Presldent, Honornry Secretary and Honorary Treasurer who are appolnted by the Directors. Any Ordinary or Honorary Member ofthe Sodety entltled to stand for electlon to the post of DlrertOrrustee. Only Member5 who have prevlousty served as Trustees of the Pain So¢lety, the Brltlsh Paln Soclèty, or as Board members of either the Internatlonal AssocIaOrt for the Study of Paln IIASPI or the European Federation of IASP Chapters {EFIC) are eligible to Stand for the p05t of Presldent. Vice President, Honorary Secretsry or Honorary Treasvrer, however, if Thj person who falls Wtthin the ellglblllty cateBories Is willin8 to be eonslderedfor ele0. Councll may conslder a andldate or candldatesfrom the Ordlnaryand Honorary Members. All newdlrectors/tru5tses are required to undertake formal Inductlon tr•ining. This Is scheduled to tske place prior to the flrst Councll Meetln8 followin8 their appointment. The Council of the Society meets at least four times a year. All the decislon5 related to the management of the Soclety are made by the Councll at these meetings. The President sets the Agenda for the Council meetlng and takes overall responsibillty for the day-tTrday runnln8 of the Soclety alon8 wh the ExecutNe Officèrs. Therè Is support for the Counal from the following Committees and subcommtttees: Sclentific Programme Commlttee. Communication5 Committee. Patlent Volce Committee, Sclence and Research Commlttee, Edu¢*lon Committee. Charftsble Alms and Awards sub<ommlttee& The Councll is supported by a Spcretarlat. Includlns CEO who leadsthe Secretarlat team In the dellvery of the S¢xlety's obSertlves and projects and contributes to the strateglc planning processes of the S¢Klety. The Secretsat deals wtth the day to day runnlng of the Soclety, the organlsatlon of the various meetlngs promoted by the Society and managlng the membershlp of the 5oclety. All exècutlve declslons are made bv the Councll or the Offlcers. who are the Presldent, the Presldent-elect lif appllcablel, the Vice Presidentlsl Irf applicable}the HonoraryTrea5urer, the Honorary Treasurer-elect (If applicable), the HonoTarySecretary and the Honorarysecretsry-elert Ilf appllcablel and the Immediate Past Presldent Irf applicable), wtth Input from the CEO. An Annual General Meeting of the member5 is usually held at the tlme of the Annual Scientm¢ Meetln81 however. du e to COVID-19. the 2020 Annual General Meetlng was hold as a separate vlrtual meetlng In September 2020. There are currently fourteen SfJ¢lety Speclal Interest Groups 1SIGsl; Acute Pain, ainical Informatlon, Headache, Information & Communication Technolo8yi Interventional Pain Mediclne, Medlcolegal, Neuropathlc Paln, Paln In ChHdren. Paln Management Pro8rammes. Paln Education, Paln In Older People,
Phllosophy & Ethlcs. Paln In Developlng Countrles and Prlmary and Communlty Care. The governance of these groups Is established wlthin the Artlcles and Regulations of the 5oclety. Rl$k Management The Councll has Identffied areas of rlsk wEthln the Society and actions that have been taken by Councll to minirnlse or elimffinate these. Although there Is Currently noformal wrttten business contlnuity plan in place, work on this is underway and wlll be completed in 2021. The speclfic areas of rfsk Identlfied are as follows: Flnt7nclal pmblty.. The Dlrertors have established systems of Intemal control, comprlslng financlal e5tlmates and annual budgets, delegated authoritles for operatlonal management and segregatlon of dles, revlews of financial and Inve5trnent perfom)ance and the IdentlAcatFon and mana8ement of rlsks, In attordance wlth the publlcatlon CC8 "Internal Financial Controls for Charlti85°. The Intemal controls have been formalised and are set out as Flnance Procedures for the Soclety. The internal controls we subject to ongoing assessment and evaluation by the directots. At least two meeUn8s a year are held to cOlder financlal management and performance In dètail. The Honorary Treasurer report5 on flnandal matters to each Councll meetlng of the Society. comprlslng dlre¢tors and cfyopted members. These rneetings rttord the formal revlew and approval of 311 aspects of flnance, Internal Controls. and accounts. In 2021 the Society wlll contlnue looklng toward$ further prudent Investrnent byspreading rlsk of funds across addltlonal Institutlons. In 2018 the Councll agreed to explore how to appolnt professlonal advtsers In a Trustee capacity to the Councll. Sklll gaps Identified were fundral$ln& marketln& and PR. In 2019 a special re501ution went before the AGM to propose amendlng the Memorandum & Artlcles to enable suth appolntments. COVID-1g.. The curient pandemic Is an area of flnanclal risk to the 5t*lety as we are antlclpatlns redUd Income due to the move of our annual flagshlp conference, the ASM (Annual SCienriC Meetlngl, from an in person to a virtual event. We also antlcipate an impact on our smaller study days and reglonal meetlngs. The Society receivefl a fvll refund of 2020 ASM venue expenses and was able to roll over a small venue booklng to 2022 without Incurrln8 addlilonal ¢ost& Stoff retentlon.. The Socletywishes to retsln fts Secretarlat staff. They become famlllarwlth the Socletvs activitles overa yearor so and ft bs In our intereststo avold rapld turnover.To thlsend the Dlrectors have attempted to provlde a bèttèr and structured salary system and improve morale by allocating spetir areas of responsibility. Appralsa15 are undertaken for members of the Secretarlat wherèby career a5plratlons and trdlnlng needs can be idenfjfied. The Society makes a 5% salary conlributjon tothe staff pension scheme. whlch Increases to IO% after three years of Se1¢e providing staff contrlbute a mlnlmum of5%. Infvmiotlon Tedpnology ond Dato Pmtectlon.. The Society has a webslte wlth a bullt-in database In operatlon. Data protertion and antlvlral systems are in place,. the data L% backed up dally. Compliance wlth GDPR Is assessed regulady al procedures are In place to enswethatth15 compllance Is malntalned. Health andsofety The board ?ccepts formttlly and publlcty tts ¢ollectlve role In providing health and safety leadershlp In its or8anisation. Each member of the board a¢ptS thelr Indlvldual role In providln8 heaFth and Safety leadershlp for thelr or8anlsatlon. The board will ensure that all board declslons iefiect Its health and safety Intentlon5, as artsculated In the health and safety policy 5tsternent. The board recognlses Its role In engaglng the actlve particlpatSon of workers In Improvin8 health and satety. The b(kird wlll ensure that it 15 kept Informed of and alert to, relevant he8h and safety risk mana8ement Issues. In vlew of ihe Health and Safety Commlsslon recommendatlons, the boaTd wi appoint one of its numberto be the Thealth and safety directort.
In nne wlth statutory requlrements, the Society hès Emplryers Llablllty Insurance and Publlc Uablllty Insurance. the levels of whl¢h are reassessed on a regular basis. Decllnlng membershlp numbers.. Further work continues in th5s area as numbers continue to slowly decline. In 2020 a slmpllfied fee-based Structure based on Inwme was Intmduced. Involvementwlth otherbodles Althou8h the Chronlc Paln Poll¢y Coalltlon (CPPCI remalned temporari Inact durlng 2020 whlle they consolldateil. the Soclety contlnues to be involved In their work. The CPPC Is an umbrella or8anlsatlon unitlng patlents. profe55lonals and parllamentarfans which alms to develop and help to implement a stralew for Improvin8 the preventlon and treatment of chron1¢ pain In the UK. The 5odety Is a genedc stakeholder for NICE INatlonal Instttute for Health and Care Excellènce) gvldelines. The Soclety15 a generlc stakeholder for Interventknnal Procedures and Health Technology Assessments for NICE. The Soclety Is a member of the Assoclation of Medlcal Research Charities IAMRQ, The Soclety Is a generic stakeholder with NHS England Cllnlcal Reference Groups {CRGsl. The Soclety has repTe5entstlon on the NHS EnEland Cllnlcal Reference Group for Speclallsed Paln Services. The Soclety has redprocal representatlon on the 8oard of the Fac(rfty of Paln Medlclne. The Faculty of Paln Medlclne of the Royal College of Anaesthetlsts. the Chronic Paln Pollcy Coalltlon, the Royal College of Nurslng, the Physlotherapy Paln Associatlon, The Royal College of GPS. and the British Psychologlcal Soclety each have one representative who slts on the Brltlsh Pain Soclety Council as a co- opted member. The Royal Phamiaceutlcal Soclety Is also represented at the 8rlt15h Paln Soclety Coun¢ll via an elected Coundl member who Ss elected as an Indlvldual but who has Ilnks wSth the organlsation. The Society is a member of the 5peclallsed Healthcare Alllance ISHCAI, vla its Council CRG lialson Offir. The 5octety1s a member of the Health Conditlons In Schools Alllance, vla a representatlve ol the Pain In Chlldren Spoclal Interest Group. The SocFety Ls a member of the Paln Consortlum. a group ¢onsistlng of senlor representatives from The Brltlsh Paln Soclety, the Faculty of Pain Mediclne, the Chronlc Paln Poll¢y Coalltlon, and the Clinlcal Lead for Pain of the Royal College of General Prattitloners. 2. OBJECTIVES AND A1vmE5 The oblerts as set out In the Memorandum and Articles for whlch the Soclety ts establlshed I'the ObJects"I aretheadvancement of heatth byralslng thestandard of the managementof paln bypromollonof educallon, researth. and training. The dSrectors Confirm thatthey have referred to the Charlty Commlsslon's general guldance on publlc benefit when reviewing the Socletls alms and oblectlves and In plannlng future acti¥tties. All the actlvltles below are forthe publlc benefrt. The maln attltIeS undertaken in relatlon to the objects are to.. Provide facilltles for the exchange of Informatlon. oplnlons. and experlence about paln between adive workers In the fleld. Increase awareness of paln prevalenee. dlsablllty and paln management amon8 healthcare and other piofèsslonab and the publlt. Promote educatlon and tralnlnB In paFn mana8ement and reseaKh Into the understandlng and rellef of pain, Institute or assist In instltutln8 and provlde contlnulng supportfor paln resEarch. Cause to be written, publlshed. produced. and dr¢ulated, aod to encourage contrlbutiofts to and publlcatlon and production of• periodlca]s,lournals, books. papers. abstracts pamphlets, posters and
other documents and films, vldeos. recorded tapes and Communications In¢ludkn8 leained Journals. malnstream print, broadcast and onllne media and soclal medla platfornis. Endow Chairs, Readerships, Scholarshlps. Fellowshlps and Lectureshlps at. and provlde othersupport to, approprlate Instltutlons to facllltste the conduct of study and re5earth In furtherance of the Obtsects. Dlssemlnate the useful resub of researth. Sponsor and hold meetln84 symposla. conferences, lectures. das5es. seminars, courses, and exhlbltlons elther alone orwlth others. Encourage and promote the study and research Into a5pettS of paln. The Socrety olfers tlve bursaries18rants that are available to its mernbers: the" Clulow Research Award., the "Patrick Wall Internatlonal Meetlngs Bursarf, the "8rftlsh Paln Soclety Annual Sclentlflc Meetlng Bursarf, Brttish Paln Societystudy Day Bursarf and the"International Assoeiatlon forthe Study of Paln World Congres5 Bursarf. Full detsils of the awards Including eli8lbllltyand appllcatlon forms, are avallable on the Soclety webslte. 3. ACHIEVÉMENTS AND PERFORMANCE The Society continued to provide an educatlonal programme to Increase the knowled8É of paln management to professionals and lay people withln the remltofthe Memoranda and Articles of Assoclatlon, akhough due to COVID some events were unable totake place, and others moved toavlrtualformat. Ithas beensuccessfvl In produclng the follow1 serles of meetK8s and publications: SocletyMeetings/Events NICE Chronic Paln Draft Guldance Weblnarwas held on the 29 September 2020. A weblnarwhlch revlewed 2020 and the plans for the Socletywas held on the 9 December 2020. Ajolnt Socletv/ Britlsh Society of Rheumatolo8Y Study day on'Focus on UK Paln Research'took plaOn the Qof March 2020. SIG Meetlngs/Events The Philosophy & Ethic5 &xlety SIG held a weblnar on'Expbrln8 SelFn¥na8ernet, what does It mean7 on Monday 14 December2020. Publlcotlons/Resource5 The 5oclety contlnues to provkle Its quarterly Newsletter'Pain News'free of charge to Its members. The Soeiety continues to provide its quarterly journal 'Brttlsh Journol of Poln, free of charge to Its members. In December 2017, thejournal was moved behlnd a paywall for non-members. The So¢lety jolrrtly publlshed an updated resource wlth The Faculty of Paln Mediclne on 'Standards pf good practIfOr splnal InteNentlonal procedures In pain medlcine. The Sodety lolntly publlshed an updated resnurce wh The Faculty of Paln Medicine on 'Standards of 800d prartlee for medial branch block Injeeth)ns and fadlofrequency denervatlon for low b¥k paln,. The Soclety endorsed a publlcatlon on ractIce Advlsory on contrast a8ents. The Society endorsed a patient infomation leaflet on'Pre8abalin'. The Soclety endorsed a patlent Informatlon leaflet on'Gabapentln'. The S¢xlety endorged the Faculty of Paln Medlclne publkation on 'Best prattl in the management of epldural analgesla In the hosplial settln The Society, with the Facultyof Paln Medlclne produced ajolntstatement onthelrconcern over recentty publlshed NICE 8uldan¢e on 'Managln¥ low back paln and sciatlca,. The 5oclety. alon8 wlth the Faculty of Paln Medlclne pub115hed a lolnt statement of support to people walting to access paln servltes durlng the pandemlc. The Soclety PL¢bllshèd an Interlm statement on the NKE draft 8uldance on 'Chroni¢ Pain in over 16's', a55e55ment and managemeny. The Soclety with the Faculty of Paln Medlclne publlshed a lolnt statement on paln Interventlon guldanee durfng COVID-19.
The Soclety has formal representatlon on the followlng external publl¢3tion worktng groups..
CeCal Facet Joint InJectnS Guldellnes. An Internatlonal multl-organisation document.
Consent Guidellnes, Faculty of Pain Mediclne
Guidellne on the safe use of Intravenous lidocalne, Royal College of Anaesthetlsts,
AnaLqesla and Acute Compartment Syndrome Guldellnes, AAGBI
All the Socletls publlcatlons and patlent Infomiatlon leaflets are avablable to download free of charge
from the websFte.
The Societys soclal medla presen on Twttterand Facebook contlnues to grow.
The onllne di5cusslon forum for members contlnues into 2021.
In 2020, the Soclety recelved 19 requests from medla for commenL
Bursarles & Grt7nts
The Soclety awarded 4 members of the Society bursarles to attend Its ASM in London.
The 2019 aulow Award was postponed to earty 2020due to a change In comMe8 personnel. however.
In 2020 the recelving InstutIon withdrewthelr appllcatlon, and no award was made.
Informatlonforpeople affectedbypuln
The Soclety. although an organlsatlon for healthcare professlonals. provldes a copy of the British Pan)
society publlcatlon Understondlnq ond Managlng Long Term Pain.. Inform
The Society tontlnues to support Its educational activttles. Includln8 Speclal Interest Group Conferences and a serles of Study Days/Weblnars. These meetln85 may be supported by uncondlUonal educatlonal grants orswnsorshlp Itransacted through the tradlng company) from various companiès. and for transparency the 51G artmtles are accounted forseparatety. The Dlrectors have revlewed the Sodety's needs for reserves In Ilne wlth the 8uldan¢e15syed by the Charlty Commlsslon and have made the followlng prov15ion: - to work towards £3,0(M) In general funds belng kept In rKerv8 to cover the ongokng costs of the Soclety should thère be a fallure of Incomé. Sustalnable finantes remain èn on8olnB priority for ihe Sodety, and whilrt In 2020 wè have seen a surplus, further work Is needed to malntain and grow this posltlon. The prlncipal source of fundinB comes from the substtiptions of the members which declined 51i8htly durin8 2020. The D1CtorS recognlsed and had addressed where there have been s[gnifint chan8es In finances In 2020. e5peclally with regards to COVD- 19 and have therefore planned ac¢ordln8ly for 2021. Goln8 Con¢ern The Directors contlnue to dbcuss Its finances In detsll at Councll meetln85, wlth the Executlve Officers meetlng more frequently to dlscuss financlal and workload issues. In line wtth the antlcipated reduced Income from the po$tkK)nementof the annual conference, and the move of edutational events to onllne.we have also looked at reduc1 the correspondln8 expendlture. Budget forecasts forthe next 12 month5 are belng con51dered. The main varlable Is the duratlon and Impart of COVID-19, Whilst the sltuatlon makes plannlng more dlfflcul¢ we have considered the impact of reduced Income from events and are plannlng to have In place alternate means of delerIng educatlonal content remotely. In addltlon, work to develop new income5treamstor the Society Is underwaywlth the antlclpated appolntment of Lay Councll Members. The Dlrectors have confidence thatthe Society and tradin8 arm have adequate resources to rnm?In Sn operatlon for 12 month5 after approval of these finandal Statements. 5. PLANS FOR FIMJRE PERIODS The Society wlll contlnue to ralsè the proflle of paln and gonerate IrKome tothe Soclety through Natlonal'Awareness Campal8n for Pain. The Brltlsh Paln SocletV$ 2021 knnual Sclentlflc Meetlng wlll take plate as a vlrtual event on the 27-29th Aprll 2021. The Society wlll revlew several of its exi5tlw publlcations, Undersrandlng andmonjglng Long Term Poln-lnlonnatlonforpotlents, Cancer Paln and Spint71Cord Stimulatlon. The Soclety continues to expand its range of weblnars, wlth several Spedal Interest Groups ISIGS) also runnln8 several webJnars in 2021, The Paln Management Pro8ramme SIG wlll ¢ommence plannlng for thelr blennlal m8etlng due to take place In September 2021. Thls Is Ilkely to be a virtual event. The Soclety has commenced work on developlng an educatlon platform, for all healthcare professlonals with an Interest in pain to access. The 5o¢lety beBan work atthe end of 2020 on a large 2-year Qsteoarthrttls MDT pllot project. 7. STATEMENT ASTO DISCLOSURE OF INFORMATION TO AUDITORS So far as the directors are aware, there Ss no relevant audit information of whlch the company's audltors are unaware, and each dlrector has taken all the steps that they ou8ht to have taken as a director to make
themselves awafft of any relevant audit infomi3tSon and to estsbllsh that the company'5 alxlitors are aware of that information. 8. sfATEMENT OF DIRECTORS. RESPONSIBILITIES Company law requlres the dlrertors to prepare financial ststements for each financlal yearwhlch givès a trne and falr view of the state of affairs of the charitsble tompany and of the incoming resources and application of resources, inclutling thè income and expenditure, of the charltable CQTnpany during that period. In preparin8 those financlal statèments the dlrectors are required to: Select sult3blÈ accounting poll¢les and then applythem consistentW. lill Observe the mèthods and prlnciples In the Charities SORP. Ilill Make judgements and estimates that are reasonable and prudent Ilvl State whether applicable UK Accounting Stsndard5 have been followed, 5ubfrect to any material departures disclosèd and explained in the financial statements. Iv) Prepare financial statements on a golng conrn basis unles5 It is inappropriate to presume that the company will continue In business. The directors are responsible for keepine proper accounting recordswhlch disclose wlth reasonable accuraty at any time the finan¢ial p051tiorb olthe charitable company and to enable them to ensure that the flnandal statements compty with the Companle5 Act 2006, the Charities and Trustee Investment {Scotlandl Art 2005 and thè Charities Accounts (Scotlandl Regulations 2006 las amended). They are also responsible for safeguarding the assets of the charitable company and hence for tsklng reasonable steps for the preventlon and detertion of fraud and other irregularfcies. In preparing this repoTt the directors have taken advantage of special proviSlDns of the Companles Act 2006 relating to small tompartiès. St8ned.. Dated: 31 A DrAshlsh 6ufve (Honorary Treasurer) The British Pain Soclèty
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE BRITISH PAIN soaETY FOR THE YEAR ENDED 31ST DECEMBER 2020 Independent emamlnerfs reportto the trustees of The Brltlsh Paln Sod•ty I report to the charlty trustees on my examlnatlon of the xcounts of The Brlt5sh Paln Socletyfor the year ended 315t Deomber 2020. R•sponslbllltles and basls of report As the charfty irustees of the Trnst you are responslble forthe preparatlon of the accounts In XCOrdan wlth the requlrempnts of the Charttle5 Act 20111'the I report lft respect of my examlnatlon of the Trusvs aeeounts caffled out under 145 of the Art and In ¢arryln8 out my examination I have foll¢Jwed all applltabie Directions given b¥the Charity Commlsslon under settknn 14515llbl of the dependent examlnerfs statsment Slnce your charitvs gross Income exceeded £250,LO VOLkrexamlnèrmust be a member of a listed ts0. l can conflrm that l am quallfied to undertake thé examlnètton because l am a reglstered member of FCCA whlch Is one of the Ilsted bodles. I have completed my examlnatlon, I conflrm that no materfal matters have come to my attention In conneett¢)n wlth the examlnatlon glvlng me cause to belleve that In any materlal respect: accountlng records were not kept In respect of the Trust as required by section 130 of the Att.. or 2. the accounts do not accord wlth those records. or 3. the accounts do not comply wtth the ?ppllcable requlrements conceming the fonn and contert of accounts set out in the Charltles (Accounts and Reports) Regulations 2tK18 other than any requirement that the accounts 8fve a tfue and falr vlew whlch 55 not a matter consklered as part of an Independent eyamlnatlon. I have no con¢ems and have come across no other matters In connertlon wlth the examlnatlon to whlch attentlon should bè drawn In thL8 report In orderto enable a proper understandln8 of the accounts to bè reached. Mr R Cotttn8ton FCCA Sandison Lan8 Limited 2 St Marys Road Tonbdd8e Kent TN9 2L8 9 9 1i)IK
THE BRMSH PAIN SOCIEIY COPISOUDATEDSTA7ÉMENTOF FINANCIAL AcfwmES {Indudln8 wns01ldat Intome and èxpendlthrex¢ountl FwThe Yo•r End•d 31st De£ombw 21 Totsl Totsl 2019 Funds Inmmefrow. Donatlortsand le8actes 144.837 240,997 385,834 154P Incorne from drttable a¢lhrttles 6.500 6.SOO 244,720 IrKomeAmm other trodlnllttctlvltles Commer¢lal tradinB operatlons 250 108.ts8 Invesnt Income4ntere5t receknl Totsl hKome 3.890 396.474 3,554 510,424 155A77 240.997 RolMgFund5 ConNMTral tradlngoper3tlon5 42,488 CharltaNe acllvltles 264.356 15.0 Othér-tsx pakl by BPS Paln Buslness Ltd 19) Total EWrtdurÈ 265,766 280,766 $39,281 Nèt nicomÉllèxFndllurel forlheyear 1110.2891 225.997 115.708 128,857) Gr05s Iransfer between funds In lunds 1110.2891 225.997 I,708 I28573 Recondlladon of funds Total Funds at tstJanuary2020 629,036 171759 804795 830.652 Total F¥id5 31st De¢ember2020 518,747 398.756 917.503 80L795 All amounts derfvefrom contlnuln8aetMtl All 8alns and losses recognlsed In th8 pedod are Induded In the ststement of fftnantyal gtIMtIès. The notes on pages to 23 forn part ofthese finonthl Motemonts
YHE BRlnSH PAIN SOCIÈTY 8ALAIXESHEETS Asat 31 DÉ¢ember 2020 ConsoAdated Charlty Notes 2020 iy 2020 2019 Fixed assets Tan8lble assets Inve5tmeTrts 12 13 4.$64 3,878 4.S64 3.878 4.564 3.878 4.565 3,879 CuMeMtass8ts Debtors Cash at bank and hand 14 137.527 982,837 135J66 913,243 99.3(XS 1,011.465 1792n 859.580 Total rnnt assets 1.120,464 1,049,609 1.110,765 1,038.851 credit$. amountstalllngdue wlthkn ontyèar 207.525 251.692 198.870 243.134 Net Cwrent assets 912.939 797,917 911,895 795,717 Net assets 917,503 *)1,795 916,460 799,596 Fund5 ofthe tharfty Ilestricted Incorne funds 16 398.756 172.759 398.756 172.759 Unrestrktedlncomefunds.. Desi8nated fijnds fjeneralfunds 234.934 283,813 518.747 233.477 395.559 629.036 234,934 282,770 517,704 233.477 393,360 626A37 Total tharityfunds 917,503 801.795 916A60 799,596 The directors have prepared 8Youp account5 in acColace wlth Se(tlon 398 of the CompaniesA¢t 20t6, the Charftles Act 20118nd sectSon44of the Chariiles and Trustee Investment IS¢otlandl kt 2005. Thest accounts are prepared In accordan wlth the speclal provlslons of Part 15 of the CompanlesAct relatin¥ to small companks. Thè directors acknowledgethelr responslblllties forcomplylnswth the qU1Ments of the Companles Act 26 with respectto accountlng records and the preparation of accounts. ThefiNntlal statements werÈ approved bythe Directorson....... 518ned on behalf bv DrAG Ive- Director The notes ¢)n pages 13 to 23 form part of ihese financtal statements li
ThE ORIfH PAIN soa
srATEMENfoF CASHFLOWSANDCONSOUDATEDsfA7EMENfoFCASK FLOWS
ForThpYurEnd4d 3tstDecember20ZO
Cor*dtth¢¢d
2019
67,736
4,264
I5031
34.9YI
Purdt8se oleffiee tgulwtrtt
1Thterestreceed
110321
(u321
3,886
3,554
38
L858
3,S54
3,538
Cash flowsfr¢mfflnandniath1tes
14•t kna5elldocMasel In r45h •r41
¢ash •quI1•tr
718
L865
38.469
ThE BRITISH PAIN soaETY MOTESTOTHE HNANCIAL STATEMENTS Forthe year ended 31st Deeember2020 l GeDor•l Inforn)k The charlty tsa company Ilmlted by guarantee In¢orporated In En813nd ONI Wales underth¢Campanles Act 21)J6 and ChatIeS Act2011. The add$$ of the reglstered Offi ly provlded In leaal and adrnlnlstratS¥e detsll& Detslls of the tharitV$ operatlons are prtsvlded in the Reportof the dlre£tors. The lIa1rtY In respect of the guarantee Is Ilrnlted to £1 perrnemberof the charlty. The Melp81 a¢tounrfngpolldes adoMed,ludeements key sour¢es ofest4madon rta[fity Inthe prepaAtlon of thé Ilnancialstatements are as follows: a) B8sts ol prepArathin ThenantIal ststements have beEn prepared In accordance wlth Atrounitn8 and REportln8 by Chtthtes Statement Of Recommended Practlce appllcable to charltles preparlngthelr accounts InaCCordan wlth the Flnandal Reportln8 Stsndard apICable In the LIK and Republlcof Ireland IFRS1021-ICharltle5SORP IFRS 10211, the Chadtles Aet201L settbn 4401 the Charltle$and Trustee Invemment IScotlandlAct2CQS and tht CompanlesAct 2£ The Brftlsh Paln5o¢lety meets the deftnlllon of a publlcbenefft+A¥ty undér FRS 102. Assétsand Ilabllill¢s are InStlally recognfsed at hlgtorfcal co5t0rtrar¢tlon value unless OtheISe ststed In the retevant pollty notè b) Propar#tlonofa¢o)untsMaEolnK ¢on¢•rn bas1$ Preparaon of thè a¢¢iJunts Is on a golng concem bas1& TheTrustee$ areof the vlewthatthe Ie1 of reseTh5 wlll stspp0rtthetharityln8 forward. c) 6Mlsof Consolldifion 7he fftnancial thtements¢onsolid4te the resultsof the charltyand Its whollyowned sub5Fdl3ry 8PS Paln Buslness Ltd on 4 Ilne by line basis. The attouMin8 year ends are cotemln¢)us. The parentth4r6ty has tsken advantage otsectlon 408of theCompanlesAct 26 notto Irtdude an IndNldual Inrome andexpentliture of ltsresults. d) In¢¢ All In¢omlngresources are Included on the Statement of HTr?ncial ACtitIeS whenthe charfly15 legallyentltled to the Income, Ttls probable the IrKome wlll be recelved and the ?mgunt¢an be quantlhEd wf(h reasonablo ac¢urxy. MembershlpsubsL¥lptlon rIod¢0mmenctofi l NoVeMra¢h year thereforethe recognrtlonof subscrlptlon Income recelved In advante Is deferrèd. Interestoti funds hekl on depDsIt Is Included when recelvable and theornountcan be rneasured rllab]y by the charlty. e) Donat•d s•r¥k•$aMlfadlttles Donated professlonal Sery1$and donatedfadllttes are recognlsed as Incomewhen the tharftyha5 control overtlie any conditlons asso¢lat8dwlth the donated liem have been met, the recelpt of eMI¢ béntfitfrom thè usè by the charftyof the Item ts probabie and thateconomlc benefii ian be measured reliabty. In accardance wtth the chartt SORP IFRS 1021, neral vdurtteÉitlme Is xot rtto8hLsed. l¢)formatkn on the contbtIOn of dlrectots Is 8lven In the annual report. On recelpL dorbated professlonal servltes and do¢)ated faCIleS are recognlwj on the basss of the value of the81ft tothe tharltywhlth15 the arnOt thetharitywould have been wlllln8to payto obtaln servlces orfa¢116tle$of equlvalent e¢onoml¢ benefft on theopen rnarket. a correspond1 amount15 then reco¥ni$ed in expendlture in the period of recelpL 13
THE BRITISH PAIIISOCIETY NOTESTOTHE FINthaALsfATEMENTS Forth• y•ar •nd4d 3tst Decembtr 2020 2Att0unsVa1ld8s (cont&w) fxpendiwr• Expendlture Is a¢coted for on an attruak basjs and hasbeen d95Sed und¢T heidln8Sthat eBate all tost relatedtothe category. Wherecosts cannot b• dlre¢Uy attrlbutld to partlcular headln85theyh3ve been a[X?tedt08CtmtleS on a ba515 ronsl$teniw]thlhe use of resourc. Grants offered 5ublertto (Drit1$whlth hav• not been meta¢theyearend date8re noted asa commllrnerrt byt notattrued as ¥pendiiure. 9) Alloatlon of wport¢os $enlI¢ meetlng on a basls cOrtent whhthe use of rtra$dethlled In the note&tothefinin¢l•l statements. h) Fund ?Qu¢1 UnrÈstrkted funds are a¥allabteto Snd on actMtls thatfurther anypurpwes olthe charlty. 0•518D3ted funds are unre5trfcted funds of the thoritywhl¢h the trustees have declded atthelr dtscretloh toset to vsefora speafic purpose. Restrlctedfundsare donatlons whlch the donorhasspecifled¥e to be sole sed f•rpar£1arareas of the Societyswork orlor 5pedfic prole¢ts belng uDdertaken bythe Sorrety. Furtherexplanadon of thenthre and purpgse¥f ta¢hfund Is Sr¢ctuded kn the notesto thÈ Ahandèl statemert& lJx•d assets Tanglweflxed assets are slated atcost kn depreclatian. A55ets ¢ostlng less th8n £5(KlarewithThoff In the yearof purchase. Depredatlon i5pfDvidÈd at the follDwkb8 annuol rats5 In orderto wrfie off ea¢h asset overlts estlmated useful life as lollows= Offio É4uWrt- 2Q% M a redudnB balance ba#& The chailty operates a defined contrlblrtlon PEn51on s¢heme. ContrfbulFon5 are tharged tothe Statmt of Flnandal Actlvltles 35 they be¢ome prdble In accordan vAth the rulesof the scheme. Thetharfty IsuTrJer nofvrth•robll84Uon to makeamyextra payments Irre5pectlYe of hiw• that penslonfund perform kl Operbvng Ise$ entsl ch7rses payabl2 under operatln8lses are charged on a strht Ilne basi$over thÈternisof the lease. 3 Flnthl parf•mwi¢eofththarfty A$ummary perfDrrnanceofthech* exdudlng the results ol itswholly owned subsldlary Is: 2019 lrtome re8ourte$ Incornetrom subsltharycomp3fiy pald umderlknnce DonatlDn of pfoffts nder gfft ald 220 4170 724 27,942 466,936 496,6D3 129.6671 396220 279356 116A61 ExpeDdlture on tharltable acuvths Net e¥p¢ndKure 14
THEBRIT15H PAIN SOCIErY NI)TESTOTHE HNANCIALSYATVAENTS rthe yearerded 31st Dec•mber2020 41rKoMefrmd0n[onIjnd kKa¢les 2019 Donattons 61ftald rtréhed Subscrlptltsns 20 419 141017 144,837 153.593 154.012 5 In¢omi frtyntharttsblea¢tl¥llles 2020 meet1nglnMt Publlcatlons R•starth awirdsaTrdgTrnts 51GS Focu5¢n Paln Re5earth Meetin8 Other income Indudlng royakies Paln Awareriesscompaign 182M12 240,997 2.700 2321 1,460 19 247A97 53.558 150)} 6.868 1.782 244.720 61)ttrtradlnsacll¥Jtl•s.8PSP4ln Ltd 2020 2019 Intcmegentrèted by 8PS Path Bu51ne5s Ltd 108,138 8PSPaln Bthstness Ltd (rered In En6land and Wales.compaAy no. 922Cfj78115the thaTW5 whoNy cwnedsubsldlary. Itoperaresthetrade exhibition 4tth•4nnu•lxlentifi¢ meeiir& and tradtng actfvitl•s. LTnd•r I11trathe tharity. The i¢suk5 of thecompallyfortheyeaiwere as fdlows:. 2020 2019 YUrTer Bank ith¢r4st Costofsales and admlnlstlatbn cost5 Costs re¢h¥r8ed bytheth•rfjty Mcence OperatlnB (105$) I profft Corportontax Proffit Donadon underft aWtoThe BrftFsh Paln 5Klety Retalned In 5ubsldSary 250 108,118 16 Iu4881 36.724 2S.942 190 28,752 27.942 810 {IA161 IL1521 141 141561 11,15fj re8ate asstts 2,20D 15
THE &RmsH PAtN soaErY NOTeSTOTHEANANC14LSTAIEhwirs Forthe ye4renthd31stD•t&xbtr2020 7 Eyendl¢w• m ¢hwR•E4•atlMIIÈs 2019 25366 Asmcosts OthermeetlnBcosts New51etter&Journal SE¢retrrf•t& other 5thff costs PropertyC05ts Olfice costs Comwtersystem & software 3&699 395 9,230 41986 122.110 51707 14.395 4781 I,iu 16,299 11230 2,673 7A74 Doubthjl dÉts Acwuntancy Depred•tyon Loss on dtsposal Lwl wofeslbnalfees 205 6A98 Coundl ewses IndaltrUstee$1trus1ÈÉtrdInIng Audlt12019 Independentexa)Tratlonl AnnL1 report 12346 712 3,132 17 279,356 496ffj03 Thefofiowln8tables thtrwsthÈ¢oof th? M41n¢t•Le0th¥leS IUdI supportt#stsJl8ra0tOltothITdpaes s¢ Grthithndl 010dMUes T¢i•l undert•ke AcdAty pfwb 2020 ASM ChariiaL4egrants(note81 NewtI& putrAlcat(on5 Secretsrlatcosts 107,963 107,%3 15£OJ 38?65 109.230 1S.1)JO 109.230 I4795.00 116.761 279,356 134690 978 25A66 1258 25J66 Newslettw& pt1(all 12Q771 12Q771 21540 29¢461 24344 494603 SomestaffandofficecostsartaPp1Oned fJ)%tsthe InrNl5¢Ienfft nxetlrYd8rK140%toSecretsrlat st& 16
THE BRMSH PAIN SOCI R40TES TOTKE FJNANCIALSTATEMENTS Forth• year ènded 31st De¢tnthor 2020 8 Grants The attached annLFal report deta115the grantsoffered by thé charity. The ClulowAward', The award Is awarded bi-annually lup to a maxlmum of £50.0001, and Is pald In four Instalments at 38Teed mllestones. Theflrst thfee1Tr5t4lments wlll be pald at 30%of thetotal Invotce from the receMn8 InsttIon. The first Instalment wlll be transferred followlng retelpt of the Siwd grant value and the fourth at IO%. each a8alnst an award letter. The second and thlrd Instalments wlll be pald on rncelpt and approval byThe Brltlsh Paln Sodety of two pro8re55reportsto be submitted at 12 and 18 moftth5 from the date of recelpt of 8rand award letter. A flnal Instalment of IO%wlll be pald retslpt ofthè studyfinal report. Patrfck Wall Internatlonal Meeling5 BuTry.. The Soclety has made funds avallable to assl$t sclehtlsts, cllnlcal or allled health praCtl0ets atthe e• stages of thetr rdreer In paln research who requlTe flnanclal asslstsncetg present thelr work at overseas sclentlfk meetlnEs. other than the BrISh Pain Sodet*s Annual Sclentlfic Meetlng and the IASP World Con8ress Iseparnte bursarles are avallable forthese two meetlngsl. In 2020 a grant of £nll was awarded 12019., £5081. British Pakn So¢IetyAnmI Sclentlflc Meetlng Bursary: Each year, the socletyoffers bUr$aeSt0 members of the Soclety to attend It5 Annual Sclentrfic Meetlng (ASM). Headache Spedal InterertGroup ISIGI.. In 2019 tht Héadathe Spedal Intere$t Group ified appllcatlons fora research grant of to £15,OW In thefidd of headache research carried o¢rt In UK. 2019 aulow award costs P Wall award SIG headache Bursarlès Total 8rants IwJr5arles awarded.. 15,000 Is,0 978 26.344 15 9 Net Incornellexpndttur¢) fortht yt•r Thls Is ststed after charglrrf,. 20 Depreclatlon Operatln8 lease payments Audltor's remuneratbn: Audlt Fees Accountancy sevvkes Independent ExaMInaoN Ftts 1.141 40,751 969 3920 4,152 12fAJ 17
ThE BRMSH PN SOCIETY NOTESTOTHE FINANCIAL STATEMENrs Forth¢year ended 31$1 Docembér2020 IOAnalWs ofstall<osts and coundl expenses No charrtytrustee received a 5alary& benefits or any other payment lorservlcessupplled to the charity 12019: nlll. Thp Costs of staff whlth all relate to key mana8emerrt personnel were.. 2019 Salarle5 and wages So¢tal sèturlty(osts Penslon costs Tempornry and agenry staff costs 93.280 5.048 95.051 8,712 9.230 112A33 No employeeearnèd more than £60,CQO durln8the pertod. The average rnonth head countof fl-tIme equlvalent employees Ilndudln8 SUal and part-tlme staffl during the year wa5 asfollows: 2020 2019 Engaged In tharotable actlvltles 2.75 6 trustees were relml)ursed expenses, Includln8those of atteTrdltN8 the ASM duringthe yèar of £lJ24 12019 12trustees £20,633). The total cost of iunnln8the councll excludlns ASM c05t5 vfds a5 follows- 2019 Meètlttg- Catsrlng Meetln8- Room HlrelTele¢oms MeÈtlw-Travellln6 Meetirrf- Hotels L755 1365 132 5,563 219 8.279 1.031 2.786 11 Corporatlontax The charity Is exempt from tsx M Income and 8alll5 fallln8 wlthln sectlon 50S of the tsxesAct 1988 or sertion 252 of theTaxatktn of Chargeable Galns Act 1992 to the extentthai thesè arè appllÈd to Its tharltable obletts. 18
THE 8RmsH PAIN SOCIEff MOTES TOThE FINANCIALSTATEMEfr4TS For ywtnded 31st De¢ember 2QZO 12 Tan4bleflxed a59ets qGroup ahd ¢harlty) FlJrtures& Flttlrys Equlpment Totsl Cost Adjusted at tstjanuary 2020 Additrt)ns DIsp05als As at 31st December 2020 IIA13 $40 IIA72) 10,081 12P39 IN93 13A691 10ffi3 23A52 2.033 5.341 20,144 Oepredatlon: As at Istjanuary 2020 Chargeforthe year Dlsposals As at 31st Dtomber 2020 8,124 746 11,775 11,450 19.S74 1.140 5.134 15,580 13,3591 8.485 Net book value: As at l January 2020 589 3*78 As at 31 Oe¢ember 2020 1.578 464 13 Flxed asset Inves¢m•rt 2020 2019 2019 Wholly owned subsidlary BPS Paln Bu$5ness Ltd.. l ordlnaryshare of £1 14 Debtors& prepayments Group Chafft¥ 1020 2019 1019 Operatlonal Involtes Amountsowed by6roup undertakn85 Other debtors Meetlng prepayments Glft AldTax recoverable Taxatlon and VAT 38,975 18.125 36.477 8.874 64.667 58,094 39,107 58.094 4.729 118.241 105,730 1.451 137,627 136.366 99300 179,271 19
ThE BRITW PAIN soaETY NOTE5 TO niEFINANCIALsfATEME14TS Fortheyearendwl 31st0EtembÈr20211 15CMdots:amourts tanip4duowlthlnim•y•ar Group Trdde¢reditors SubscAptknn5Advanced Payments Other¢redhors Accru01sforyaThtsp8yat4e SL958 63,117 129,645 55,807 1,362 44.971 IL030 44,053 63,117 973 129,565 S507 1.362 44,9n 9,110 30mO 4A72 4,122 AW Athanced Paents yotK)nd VAT 8,877 251.692 2,321 243,134 207525 198A70 IfjAnknlsofthrftsblefvnds B•lyc• Incorne EJ4¥enthtur• k)¢offi• Trwyl•rs QLOLZO 1.20 Cluh)wle8ary 6rants PLCSemlnar ts1,705 20.220 834 In,759 136,7C6 261217 240.997 240.997 240.997 225 997 YJ8.756 SIG5 Map ofMeth¢lne Pathwèys A5M 112431 L457 7797 7.774 148,106 233 79,054 7.774 148,106 234.934 2 7W IA57 General fund Totslfunds oFtheth811ty 152.523 396.220 263.1131 1110.590 12793561 116,864 393 799,596 282.770 916A60 BP5 Paln Bu$lness Lrd Total fvnds 2.199 801,795 1043 917503 396A74 PW,7661 115,708
THE fiRillsN PAIN SOCIErY NOTE5TOTrIEFIIIAriaiLSTATEME14TS Ftytheyarended 5ts1Oe¢nb2020 Net 3lJ119 Clulawlegucy Grorts PLCS8ftAtnor 19.858J 19,858) 261563 20220 834 181617 151705 20220 834 172.759 5165 Mop olMedld+JeP&thwoys 53,558 0,357) 23.201 114 920J 69.316 7.774 77,597 7,774 144106 181.912 tIS244 IreneBLwnbrldgele#17ry Stu& edutatkn Ooys Pothwuys I&D 0therdes19rtedITr{ts 235.470 1167.OlSJ 68.445 87.942 6enemlfitsKI TotulfvndsoAthe¢horfty 151920 194.333) 569.$56 839.263 393.360 T5996 401270 f49A603J 64666 8PSPoln8vslnessLtd 104 51¢424 {42,6781 f5392 &5,476 128A57) 1389 4795 Delal$dr•stFkted funds A legacywas re¢th¢d from MIIW B and Sallle Clulowfor°88slc re5earth IrtOtheu5e5dnd cure5fvrpaln-. Gmrtts In 200812009 grants werereEelved from industryiOSUPPQrtthe developmentof a PrSmiryCary knitl>tfve Ip produ¢e o range of GPlprlmaryc•re resource& PLCSemlnur In 20168 restrfthd8rantlorthe workofthe Patlont Llalsen Committew&s red. In 4reemwtvAth thefundei. thegrant wasweÉd to be usediosupport ihe proyklon of an annual Professorslr Mlthael B¢nd Lectvre, almed attopk5felevanttopeople livkn8 wllh p4in. Dela1150f dEsIw4tedlunds 51GS Thedirettors havesetasldethe accumulatlonof surpluse5 from rneetlwoverseveral year5 spmton theworkof Indidal speclal Intere5tUQUP5 •sdetalled Inthe repprt, Mup olAledldnePothways In 2011 educatlonal vantsWererel¥ed frorn 1[$trywhIth were 48reed to hused ttssW)Fthe productlon of aserlesuf wlTbw1w$w1th the Map of kledlclne. Thed¢51gnatedASMfvnds are therturEan ofsurplusesfrom m•tkw ovqr5•V•fal wrsand are to b¢ spent on ethCaen and r•searth. 21
IHE BAITLSH PAIN SOCIETY r401ESTOTHE FINPJ4CIALSTATEMENTS FortYearn1¢d 31stl)eMitrr2020 Flxed a55¢ts Currtnt asyets cre{torS.$MQMstsIIolWQWllh1n Net assets 4,564 486,774 7,525 283,813 234.934 721,708 398.756 1,120.464 7.525 917,503 234334 518.747 3A78 643.3n 51,692 395.559 3078 876.850 251.692 629,036 Cur¥ent8sgets ¢thtors.' arMuntsfallln8 due wlthlnoneye•r 231477 171759 I,(b19.6)39 251,692 AOl.795 233A77 172,759 Flxed a55ets Jrrenta55ets Credknts:arnmntsfallkngdue wlhknoney¢ar 4.565 477,07S 198A70 281770 4565 712 398,756 1.110,765 79 916.460 234.934 517.704 398.756 2019 FLxedossets Currertassers Credknrs:gmountsfalJln8due wltNn on8yoar 3,879 L038,851 632,615 233,477 866.Q92 1243.134 626057 172,759 393.360 233,477 172,759 799.596 As at31 Oecemlxi2020th¥8TW) hadIutU nnIMuM thse commltments asfolbws.. 2019 Trtal 40.751 Notlaterthan I year latsrthan I rand nrtl8terthan 5years 78,372 78372 119,J23 22
THE BRMSH PAIN soaETY NOTESTOTHE FINANCIAL STATEMENTS For the year ended 31st December 2020 19 Rffondlllatlon of net movement ITr funds to net Cash flow from *)ptrdtlry3ctl¥ltl¢s Group Charlty 2020 2019 20ZO 2019 Net movement In fund5 Add back depreclatlon charge Add ba¢k1055 on dlsp05al Interest recelved Decreaselllncreasel In debtors Intreaselldeereasel In ueditors Net cash used In operatin8 actfvltles 115,708 1,141 205 13,8901 11.261} 44,167 67,736 {28,8571 969 116,864 1,141 205 13,8861 79.971 44.264 150,031 129,6671 969 13,5541 151,0661 86 772 4.264 3,538 192,0111 82,240 134.9311