2023-12-31-accounts - The British Pain Society

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

				Page No.
Legal and administrative		information
Directors' report				2-9
Independent	Examiner's	report		10
Consolidated	Statement	of Financial	Activities
Consolidated	and Charity	Balance Sheets
Consolidated	and Charity	Statements	ofCash Flows
Notes to the	Financial Statements			14-24

The following is a summa	ry of reserv	es at 31Dec
Restricted funds:		f
Clulow legacy (including	interest)	116,744
Other grants etc		307,028
PLC Seminar		834
Designated funds:		f
ASM		137,676
SIGS		97,506
Map ofMedicine		7,774
General funds:		f
Invested in fixed assets		1,879
Free reserves		249,035
Total		918,476

				Unrestricted	Restricted	TOTAL	TOTAL
			Notes	Funds	Funds	2023	2022
				f	f	f	f
Income from:
Donations and legacies				118,440		118I440	191,880
Income from charitable	activities			40,580		40,580	40,309
income from other trading		activities
Commercial trading operations				57,842		57,842	38,275
Investment income-interest		received		18,332		18,332	5,780
Total income				235,194		235,194	276,244
Expenditure on:
Raising Funds
Commercial trading operations				5,100		5,100	41,668
Charitable activities				244,011	(10)	244,001	233,043
Total Expenditure				249,111	(10)	249,101	274,711
Net income/(expenditure)		for the year		(13,917)	10	(13,907)	1,533
Gross transfers between	funds
Net movement in funds				(13,917)	10	(13,907)	1,533
Reconciliation offunds:
Total Funds at 1January	2023			507,787	424,596	932,383	930,850
Total Funds at 31December 2023				493,870	424,606	918,476	932,383

AS AT31DECEMBE	R 2023
			Consolidated		Charity
		Note	2023	2022	2023	2022
			E	E	f
Fixed assets
Tangible assets		12	1,879	3,708	1,879	3,708
Investments		13			1	1
			1,879	3,708	1,880	3,709
Current assets
Debtors			15,265	4,366	89,287	20,613
Cash at bank and in	hand		1,063,405	1,031,803	985,699	1,012,768
Total current assets			1,078,670	1,036,169	10741986	1 033 381
Creditors: amounts	falling due
within one year		15	(162,073)	(107,494)	(159,490)	(103,339)
Net Current assets			916,597	928,675	915,496	930,042
Net assets			918,476	932,383	917,376	933,751
Funds ofthe charity
Restricted income funds			424,606	424,596	424,606	424,596
Unrestricted income	funds:
Designated funds			242,956	245,299	242,956	245,299
General funds			250,914	262,488	249,814	263,856
			493,870	507,787	492,770	509,155
Total charity funds			918,476	932,383	917,376	933,751

			Consolidated	Consolidated	Charity
			2023	2022	2023	2022
			E	f	E	E
Net cash flow from operating		activities	13,270	5,806	(45,401)	(31,094)
Cash flow from investing	activities
Interest received			18,332	5,780	18,332	5,780
Net cash flow from investing	activities		18,332	5,780	18,332	5,780
Cash flows from financing activities
Net increase/(decrease)	in cash and cash
equivalents			31,602	11,586	(27,069)	(25,314)
Cash and cash equivalents	at	13anuary 2023	1,031,803	1,020,217	1,012,768	1,038,082
Cash and cash equivalents	at	31December 2023	1,063,405	1,031,803	985,699	1,012,768

Financial performance	of	the charity	the charity	the charity
A summary performance		ofthe charity excluding the results of its wholly owned subsidiary is:
				2023	2022
				E	E
Incoming resources				177,352	237,969
Income from subsidiary	company		paid under licence	6,550
Donation ofprofits under		gift aid		43/724
				227,626	237,969
Expenditure on charitable		activities		244/001	233,043
Net expenditure				(16,375)	4,926

					2023	2022
					E	E
	Donations				583	743
	Gift aid received					2
	Grants					53,960
	Subscriptions				117,857	137,175
					118,440	191,880
5	Income from charitable		activities
					2023	2022
					E	E
	Meeting income					6,668
	SIGS				26,720	20,682
	Other income including		royalties		13,860	12,959
					40,580	40,309
6	Other trading activities		- BPSPain Business Ltd
					2023	2022
					E	E
	Income generated	by BPS Pain Business		Ltd	57,842	38,275

				2023	2022
				E	E
Turnover				57,842	38,275
Cost ofsales and		administration	costs	(5,100)	(41,668)
Costs recharged		by the charity	under licence	(6,550)
Operating	(loss)	/ profit		46,192	(3,393)
Donation	under	gift aid to The	British Pain Society	(43,724)
Retained	in subsidiary			2,468	(3,393)
Aggregate	assets			1,101	(1,368)

7	Expenditure o	n charita	ble	a	ctivities
						2023	2022
						f	f
	Staff costs					195	68,040
	Direct costs					124,810	65,991
	Support costs					107,365	83,674
	Governance costs					11,631	15,338
						244,001	233,043
						2023	2022
						f	f
	Direct costs:
	Research grants					(10)	200
	ASM costs					10,030	12,578
	Other meeting	costs				71,061	19,604
	Newsletter and Journal					43,729	33,609
						124,810	65,991
	5upport costs:
	Property costs					66,847	33,657
	Office costs					15,053	14,054
	Computer system and		software			5,032	9,788
	Insurance					3,001	3,565
	Doubtful debts					(2,186)	3,287
	Accountancy					9,355	15,264
	Depreciation					469	927
	Loss on disposal ofassets					1„360
	Legal and professional		fees			8,434	3,132
						107,365	83,674
	Governance costs:
	Council expenses					8,919	10,820
	Induction and	training	of	trustees			1,998
	Independent	examination				2,712	2,520
						11,631	15,338
8	Net income/(expenditure)				for the year
	This is stated	after charging:
						2023	2022
						f	f
	Depreciation					469	927
	Operating lease payments					12,959	16,837
	Independent	Examiner's		remuneration:
	Accountancy	services				1,592	1,480
	Independent	Examination			Fees	1,120	1,040

		2023	2022
		f	f
Clulow award costs		(10)
Research grant costs			200
Total grants and bursaries	awarded:	(10)	200

During the year this	event	was	Organizers of Congresses SA. A	Organizers of Congresses SA. A
summary performance	ofthe	annual conference:
			2023	2022
			f	f
incoming resources			268,100	228,530
Expenditure incurred			245,114	233,130
Net income / (expenditure)			22,986	(4,600)

No charity trustee received a salary, benefits or any nil). The management services are now outsourced. personnel were:	other payment for services supplied to the The costs of staff which all relate to key	charity (2022 management
	2023	2022
	E	E
Salaries and wages		56,668
Social security costs		1,756
Pension costs		6,057
		64,481

The total		cost of running the council excluding ASM costs wa	s as follows:
			2023	2022
			E	E
Meeting	-	Catering	1,965	1,332
Meeting	-	Room Hire / Telecoms	408	354
Meeting	-	Travelling	4,042	2,631
			6,415	4,317

OR 12	THE YEAR ENDED 31 DECEMBER Tangible fixed assets (Group and	2023 charity)
				Office	Fixtures &
				Equipment f	Fittings f	Total f
	Cost:
	As at 1January 2023			10,397	10,063	20,460
	Disposals			(6,857)	(1,849)	(8,706)
	As at 31December 2023			3,540	8,214	11,754
	Depreciation:
	As at 1January 2023			7,699	9,053	16,752
	Charge for the year			278	191	469
	Disposals			(5,549)	(1,797)	(7,346)
	As at 31December 2023			2,428	7,447	9,875
	Net book value:
	As at 31December 2023			1,112	767	1,879
	As at 31December 2022			2,698	1,010	3,708
13	Fixed asset investment
				Group	Charity
			2023	2022	2023	2022
			f	f	f	f
	Wholly owned subsidiary
	BPS Pain Business Ltd: 1ordinary	share ofE1

Debtors
	Group		Charity
	2023	2022	2023	2022
	f	E	f	f
Operationalinvoices	7,800	3,422
Amounts owed by group undertakings			81,822	19,669
Prepayments	4,363	944	4,363	944
Other debtors	3,102		3,102
	15,265	4,366	89,287	20,613

			Group		Charity
			2023	2022	2023	2022
			f		f	f
Trade creditors			47,377	13,992	45,936	11,560
Subscriptions	Advanced	Payments	73,800	42,158	73,800	42,158
Other creditors			4,564	7,451	4,564	7,451
Accruals for	grants payable		30,000	35,000	30,000	35,000
Accruals			6,250	8,260	5,190	7,170
Taxation and	VAT		82	633
			162,073	107,494	159,490	103,339

Analysis of	charitable funds
				Net		Balance
2023		Income f	Expenditure f	income f	Transfers f	01.01.23 f	31.12.23 f
Restricted funds
Clulow legacy			10	10		116,734	116,744
Grants						307,028	307,028
PLCSeminar						834	834
			10	10		424,596	424,606
Designated	funds
SIGS		47,489	(23,968)	23,521	(17,588)	91,573	97,506
Map of Medicine Pathways						7,774	7,774
ASM			(8,276)	(8,276)		145,952	137,676
		47,489	(32,244)	15,245	(17,588)	245,299	242,956
General fund		129,863	(211,767)	(81,904)	67,862	263,856	249,814
Total funds	ofthe charity	177I352	(244 001)	(66I649)	50 27 I	933 751	917376
BPSPain Business Ltd		57,842	(5,100)	52,742	(50,274)	(1,368)	1,100
Total funds		235,194	(249,101)	(13,907)		932,383	918,476

THE YEAR ENDED 31DECEM Analysis ofcharitable funds	BER 2023 (continued)
			Net		Balance
	Income	Expenditure	income	Transfers	01.01.22	31.12.22
2022		E
Restricted funds
Clulow legacy					116734	116,734
Grants	50,000	(200)	49800		257,228	307,028
Pain Education SIG	3,960	(4,080)	(120)	120
PLCSeminar					834	834
	53960	(4,280)	49,680	120	374796	424,596
Designated funds
SIGS	20~682	(12'471)	8,211	(120)	83482	91,573
Map of Medicine Pathways					7,774	7774
ASM	6,668	(12,578)	(5910)		151,862	145,952
	27,350	(25049)	2,301	(120)	243,118	245299
Generalfund	156,659	(203714)	(47,055)		310,911	263,856
Totalfunds ofthe charity	237,969	(233,043)	4,926		928,825	933,751
BPSPain Business Ltd	38275	(41,668)	(3,393)		2,025	(1,368)
Totalfunds	276,244	(274,711)	1,533		930,850	932,383

Analysis of net asset	s between funds
onsolidated		General	Designated		Unrestricted		Restricted	Total
		f		f		Total f	f	f
2023 Fixed assets Current assets		1,879 381,108		242,956		1,879 624,064	454,606	1,879 1,078,670
Creditors: amounts one year	falling due within	(132,073)				(132(073)	(30000)	(162I073)
Net assets		250914		242~956		493I870	424 606	918,476
2022 Fixed assets Current assets		3708 331,274		245299		3,708 576573	459,596	3708 1,036,169
Creditors: amounts one year	falling due within	(72494)				(72,494)	(35000)	(107,494)
Net assets		262,488		245299		507,787	424,596	932,383
Charity
2023 Fixed assets Current assets		1,880 377,424		242,956		1,880 620,380	454,606	1,880 1,074,986
Creditors: amounts one year	falling due within	(129,490)				(129,490)	(30,000)	(159,490)
Net assets		249,814		242,956		492,770	424,606	917,376
2022 Fixed assets Current assets		3,709 328,486		245299		3,709 573785	459,596	3,709 1,033,381
Creditors: amounts falling due within one year (68339)						(68,339)	(35000)	(103339)
Net assets		263856		245299		509,155	424,596	933,751
8 Gross obligations under operating As at 31 December 2023the group		leasing agreements had future minimum		lease commitments as follows: 2023				2022
							f	f
							Total	Total
Not later than 1year Later than 1year and not later than		5years					15,000 28,750 43,750	16,837 49,108 65,945

Reconciliation of	net	m	ove	me	nt in funds	to net cash	flow from operatin	g activities
							Group		Charity
							2023	2022	2023	2022
							E		E	E
Net movement in	funds						(13,907)	1,533	(16,375)	4,926
Add back: depreciation			charge				469	927	469	927
Add back: loss on disposal							1,360		1,360
Interest received							(18,332)	(5,780)	(18,332)	(5,780)
Decrease/(increase)		in	debtors				(10,899)	23,244	(68,674)	4,171
Increase/(decrease)		in	creditors				54,579	(14,118)	56,151	(35,338)
Net cash used in operating				activities			13,270	5,806	(45,401)	(31,094)
Financial instruments
Categorisation of	financial			instruments
							Group		Charity
							2023	2022	2023	2022
							E	E	E	E
Financial assets that		are debt			instrument	measured
at amortised cost							1,074,307	1,035,225	1,070,623	1,032,437
Financial liabilities	measured				at amortised	cost	162,073	107,494	159,490	103,339