``` REGISTERED COMPANY NUMBER: 05031434 (England and Wales) REGISTERED CHARITY NUMBER: 1105075 ``` ## **`REPORT OF THE TRUSTEES AND`** ## **`FINANCIAL STATEMENTS`** ``` FOR THE YEAR ENDED 28TH FEBRUARY 2023 ``` ## **`FOR`** ## **`THE INTERNATIONAL SOCIETY FOR AFFECTIVE DISORDERS`** ``` Sandison Lang Limited 2 St Marys Road Tonbridge Kent TN9 2LB ``` ``` THE INTERNATIONAL SOCIETY FOR AFFECTIVE DISORDERS ``` ``` CONTENTS OF THE FINANCIAL STATEMENTS for the year ended 28th February 2023 ``` ||**`Page`**| |---|---| |**`Report of the Trustees`**|`1 to 2`| |**`Independent Examiner's Report`**|`3 to 4`| |**`Statement of Financial Activities`**|`5`| |**`Balance Sheet`**|`6 to 7`| |**`Notes to the Financial Statements`**|`8 to 13`| |**`Detailed Statement of Financial Activities`**|`14`| ``` THE INTERNATIONAL SOCIETY FOR AFFECTIVE DISORDERS ``` ## **`REPORT OF THE TRUSTEES`** ## **`for the year ended 28th February 2023`** ``` ThetrusteeswhoarealsodirectorsofthecharityforthepurposesoftheCompaniesAct2006, present theirreportwiththefinancialstatementsofthecharityfortheyearended28thFebruary2023. The trusteeshaveadoptedtheprovisionsofAccountingandReportingbyCharities:Statement of RecommendedPracticeapplicabletocharitiespreparingtheiraccountsinaccordancewiththe Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). ``` ## **`OBJECTIVES AND ACTIVITIES`** ## **`Objectives and aims`** ``` ISAD is a societyof people(fromany disciplineor country)who are activein the field of affective disorders research in a caring or a professional capacity or advocacy. ``` ``` TheISADexiststopromoteresearchintoaffectivedisordersthroughallrelevantscientific disciplines, includinggenetics,neuroscienceandthesocialandbehaviouralsciences.Inter-disciplinary research approaches are particularly highly valued by the society. ``` ## **`Activities Review`** ``` As theCovid19pandemichas graduallysubsidedduring2022ISADhas beenabletograduallyresume our activities. ``` ``` The Societyheld its first post pandemicface to face one day conference8th to 10th September2022at our hostinstitution,theInstituteofPsychiatry,PsychologyandNeuroscience.ISADwasdelightedto partner with the International Group for The Study of Lithium Treated Patients (IGSli) to encompass both Societies. ISAD 12th ISAD Conference 2023, 14th to 16th December 2023 ``` ``` Covid19meantthatourplannedmeetingin Milanhadbeenpostponedonthreepreviousoccasions. We areverypleasedtofinallybeabletoholdtheevent,hostedbytheUniversityof Milan. https://www.isadconference.org/ ``` ## **`FUTURE PLANS`** ``` Latest Advances in Psychiatry, 2024 ``` ``` Our collaboration with Wiley publishing will recommence in 2024. ISAD Biennial Conference Series ``` ``` Our next conference venue will be announced shortly. ``` ## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`** ## **`Governing document`** ``` Thecharityiscontrolledbyitsgoverningdocument,adeedoftrust,andconstitutesalimited company, limited by guarantee, as defined by the Companies Act 2006. ``` ## **`REFERENCE AND ADMINISTRATIVE DETAILS`** ## **`Registered Company number`** ``` 05031434 (England and Wales) ``` ## **`Registered Charity number`** ``` 1105075 ``` ``` Page 1 ``` ``` THE INTERNATIONAL SOCIETY FOR AFFECTIVE DISORDERS ``` ## **`REPORT OF THE TRUSTEES`** ``` for the year ended 28th February 2023 ``` ## **`Registered office`** ``` Institute of Psychiatry Kings College London PO72 ,De Crespigny Park Denmark Hill London SE5 8AF ``` ## **`Trustees`** ``` Professor M Alsuwaidan Professor Of Psychiatry Professor A Cleare Doctor Prof S Kennedy Professor Of Psychiatry Professor H Ruhe Professor Of Psychiatry Professor J L Scott Medical Academic Prof A Young Professor Of Psychiatry Dr S Parikh Doctor Dr R M Pinder Doctor Dr M A Frye Physician Ms K R Merikangas Research Scientist Dr J C Soares Professor of Psychiatry ``` ## **`Company Secretary`** ``` Dr S Parikh ``` ## **`Independent Examiner`** ``` Sandison Lang Limited 2 St Marys Road Tonbridge Kent TN9 2LB ``` ``` Approved by order of the board of trustees on 17th November 2023 and signed on its behalf by: ``` ``` Professor A Cleare - Trustee ``` ``` Page 2 ``` ``` INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE INTERNATIONAL SOCIETY FOR AFFECTIVE DISORDERS ``` ## **`Independent examiner's report to the trustees of The International Society For Affective Disorders ('the Company')`** ``` IreporttothecharitytrusteesonmyexaminationoftheaccountsoftheCompanyfortheyear ended 28th February 2023. ``` ## **`Responsibilities and basis of report`** ``` Asthecharity'strusteesoftheCompany(andalsoitsdirectorsforthepurposesofcompanylaw)you are responsiblefor the preparationof the accountsin accordancewith the requirementsof the Companies Act 2006 ('the 2006 Act'). ``` ``` HavingsatisfiedmyselfthattheaccountsoftheCompanyarenotrequiredtobe auditedunderPart16 of the2006Actandareeligibleforindependentexamination,Ireportinrespectofmyexaminationof your charity'saccountsascarriedoutunderSection145oftheCharitiesAct2011('the2011Act').In carrying outmyexaminationI havefollowedtheDirectionsgivenbytheCharityCommissionunderSection 145(5) (b) of the 2011 Act. ``` ``` Page 3 ``` ``` INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE INTERNATIONAL SOCIETY FOR AFFECTIVE DISORDERS ``` ## **`Independent examiner's statement`** ``` I have completedmy examination.I confirmthat no mattershave come to my attentionin connection with the examination giving me cause to believe: ``` `1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or` `2. the accounts do not accord with those records; or` `3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or` `4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).` ``` Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexaminationto which attentionshouldbedrawninthisreportinordertoenableaproperunderstandingoftheaccountsto be reached. ``` ``` Miss Katharine Jones ``` ``` Sandison Lang Limited 2 St Marys Road Tonbridge Kent TN9 2LB ``` ``` 20th November 2023 ``` ``` Page 4 ``` ``` THE INTERNATIONAL SOCIETY FOR AFFECTIVE DISORDERS ``` ## **`STATEMENT OF FINANCIAL ACTIVITIES`** ## **`for the year ended 28th February 2023`** |**`2023`**
**`Unrestricted`**
**`fund`**
`Notes`
**`£`**
**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
**`9,976`**
`Other trading activities`
`2`
**`17,500`**
**`Total`**
**`27,476`**
**`EXPENDITURE ON`**
`Raising funds`
**`3,780`**
**`Charitable activities`**
`Direct charitable expenditure`
**`10,795`**
`Other`
**`1,770`**
**`Total`**
**`16,345`**
**`NET INCOME`**
**`11,131`**
**`RECONCILIATION OF FUNDS`**
`Total funds brought forward`
**`48,096`**
**`TOTAL FUNDS CARRIED FORWARD`**
**`59,227`**|`2022`
`Total`
`funds`
`£`
`12,276`
`1,773`| |---|---| ||`14,049`| ||`3,780`
`7,083`
`1,662`| ||`12,525`| ||`1,524`
`46,572`| ||`48,096`| ``` The notes form part of these financial statements ``` ``` Page 5 ``` ``` THE INTERNATIONAL SOCIETY FOR AFFECTIVE DISORDERS ``` ## **`BALANCE SHEET`** ## **`28th February 2023`** |**`2023`**
**`Unrestricted`**
**`fund`**
`Notes`
**`£`**
**`FIXED ASSETS`**
`Tangible assets`
`6`
**`16`**
**`CURRENT ASSETS`**
`Cash at bank`
**`67,820`**
**`CREDITORS`**
`Amounts falling due within one year`
`7`
**`(8,609)`**
**`NET CURRENT ASSETS`**
**`59,211`**
**`TOTAL ASSETS LESS CURRENT LIABILITIES`**
**`59,227`**
**`NET ASSETS`**
**`59,227`**
**`FUNDS`**
`8`
`Unrestricted funds`
**`59,227`**
**`TOTAL FUNDS`**
**`59,227`**|`2022`
`Total`
`funds`
`£`
`24`
`56,584`
`(8,512)`
`48,072`
`48,096`
`48,096`
`48,096`
`48,096`| |---|---| ``` The charitablecompanyis entitledto exemptionfromauditunderSection477of the CompaniesAct 2006 for the year ended 28th February 2023. ``` ``` Themembershavenotrequiredthecompanytoobtainanauditofitsfinancialstatementsforthe year ended 28th February 2023 in accordance with Section 476 of the Companies Act 2006. ``` ``` The trustees acknowledge their responsibilities for ``` - `(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and` - `(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.` ``` The notes form part of these financial statements ``` ``` continued... ``` ``` Page 6 ``` ``` THE INTERNATIONAL SOCIETY FOR AFFECTIVE DISORDERS ``` ## **`BALANCE SHEET - continued`** ## **`28th February 2023`** ``` Thesefinancialstatementshavebeenpreparedinaccordancewiththeprovisionsapplicableto charitable companies subject to the small companies regime. ``` ``` ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissue on 17th November 2023 and were signed on its behalf by: ``` ``` A Cleare - Trustee ``` ``` The notes form part of these financial statements ``` ``` Page 7 ``` ``` THE INTERNATIONAL SOCIETY FOR AFFECTIVE DISORDERS ``` ``` NOTES TO THE FINANCIAL STATEMENTS for the year ended 28th February 2023 ``` ## **`1. ACCOUNTING POLICIES`** ## **`Basis of preparing the financial statements`** ``` Thefinancialstatementsofthecharitablecompany,whichisapublicbenefitentityunderFRS 102, havebeenpreparedinaccordancewiththeCharitiesSORP(FRS102)'AccountingandReporting by Charities:StatementofRecommendedPracticeapplicabletocharitiespreparingtheiraccounts in accordancewiththeFinancialReportingStandardapplicableintheUKandRepublicofIreland (FRS 102)(effective1 January2019)',FinancialReportingStandard102'The FinancialReporting Standard applicablein theUK andRepublicofIreland'andtheCompaniesAct2006.Thefinancial statements have been prepared under the historical cost convention. ``` ## **`Income`** ``` Allincomeis recognisedin theStatementofFinancialActivitiesoncethecharityhasentitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. ``` ## **`Expenditure`** ``` Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructive obligation committingthe charityto that expenditure,it is probablethat a transferof economicbenefitswill be requiredinsettlementandtheamountoftheobligationcanbemeasuredreliably.Expenditure is accountedforonanaccrualsbasisandhasbeenclassifiedunderheadingsthataggregateall cost relatedtothecategory.Wherecostscannotbedirectlyattributedtoparticularheadingsthey have been allocated to activities on a basis consistent with the use of resources. ``` ## **`Tangible fixed assets`** ``` Depreciationisprovidedatthefollowingannualratesinordertowriteoffeachassetover its estimated useful life. ``` ``` Fixtures and fittings- 25% on reducing balance ``` ## **`Taxation`** ``` The charity is exempt from corporation tax on its charitable activities. ``` ## **`Fund accounting`** ``` Unrestrictedfundscanbe usedin accordancewiththecharitableobjectivesat thediscretionof the trustees. ``` ``` Restrictedfunds can only be used for particularrestrictedpurposeswithin the objectsof the charity. Restrictionsarisewhenspecifiedbythedonororwhenfundsareraisedforparticular restricted purposes. ``` ``` Furtherexplanationofthenatureandpurposeofeachfundis includedin thenotestothe financial statements. ``` ## **`Hire purchase and leasing commitments`** ``` Rentalspaid under operatingleasesare chargedto the Statementof FinancialActivitieson a straight line basis over the period of the lease. ``` ``` continued... ``` ``` Page 8 ``` ``` THE INTERNATIONAL SOCIETY FOR AFFECTIVE DISORDERS ``` ## **`NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 28th February 2023`** ## **`2. OTHER TRADING ACTIVITIES`** |`ISAD meeting income`
**`NET INCOME/(EXPENDITURE)`**
`Net income/(expenditure) is stated after charging/(crediting):`
`Accountancy`
`Depreciation - owned assets`
`Hire of plant and machinery`|**`2023`**
**`£`**
**`17,500`**
**`2023`**
**`£`**
**`1,770`**
**`8`**
**`6,000`**|`2022`
`£`
`1,773`| |---|---|---| |||`2022`
`£`
`1,662`
`8`
`6,000`| ## **`3. NET INCOME/(EXPENDITURE)`** ## **`4. TRUSTEES' REMUNERATION AND BENEFITS`** ``` Therewereno trustees'remunerationorotherbenefitsfortheyearended28thFebruary2023 nor for the year ended 28th February 2022. ``` ## **`Trustees' expenses`** ``` Therewerenotrustees'expensespaidfortheyearended28thFebruary2023norforthe year ended 28th February 2022. ``` ## **`5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`** ||`Unrestricte`| |---|---| ||`fund`| ||`£`| |**`INCOME AND ENDOWMENTS FROM`**|| |`Donations and legacies`|`12,276`| |`Other trading activities`|`1,773`| |**`Total`**|`14,049`| |**`EXPENDITURE ON`**|| |`Raising funds`|`3,780`| |**`Charitable activities`**|| |`Direct charitable expenditure`|`7,083`| |`Other`|`1,662`| ``` continued... ``` ``` Page 9 ``` ``` THE INTERNATIONAL SOCIETY FOR AFFECTIVE DISORDERS ``` ``` NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 28th February 2023 ``` ## **`5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued`** |||`Unrestricte`| |---|---|---| |||`fund`| |||`£`| ||**`Total`**|`12,525`| ||**`NET INCOME`**|`1,524`| ||**`RECONCILIATION OF FUNDS`**|| ||`Total funds brought forward`|`46,572`| ||**`TOTAL FUNDS CARRIED FORWARD`**|`48,096`| |**`6.`**|**`TANGIBLE FIXED ASSETS`**|| |||`Fixtures`| |||`and`| |||`fittings`| |||`£`| ||**`COST`**|| ||`At 1st March 2022 and`|| ||`28th February 2023`|**`245`**| ||**`DEPRECIATION`**|| ||`At 1st March 2022`|**`221`**| ||`Charge for year`|**`8`**| ||`At 28th February 2023`|**`229`**| ||**`NET BOOK VALUE`**|| ||`At 28th February 2023`|**`16`**| ||`At 28th February 2022`|`24`| ``` continued... ``` ``` Page 10 ``` ``` THE INTERNATIONAL SOCIETY FOR AFFECTIVE DISORDERS ``` ## **`NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 28th February 2023`** ## **`7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`** |**`CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**||| |---|---|---| |`Salaries`
`Other creditors`
`Accruals and deferred income`|**`2023`**
**`£`**
**`6,850`**
**`13`**
**`1,746`**
**`8,609`**|`2022`
`£`
`6,849`
`13`
`1,650`| |||`8,512`| ## **`8. MOVEMENT IN FUNDS`** |**`MOVEMENT IN FUNDS`**|||| |---|---|---|---| |||`Net`|| |||`movement`|`At`| ||`At 1/3/22`|`in funds`|`28/2/23`| ||`£`|`£`|`£`| |**`Unrestricted funds`**|||| |`General fund`|**`48,096`**|**`11,131`**|**`59,227`**| |**`TOTAL FUNDS`**|**`48,096`**|**`11,131`**|**`59,227`**| |`Net movement in funds, included in the above are as follows:`|||| ||`Incoming`|`Resources`|`Movement`| ||`resources`|`expended`|`in funds`| ||`£`|`£`|`£`| |**`Unrestricted funds`**|||| |`General fund`|**`27,476`**|**`(16,345)`**|**`11,131`**| |**`TOTAL FUNDS`**|**`27,476`**|**`(16,345)`**|**`11,131`**| ``` continued... ``` ``` Page 11 ``` ``` THE INTERNATIONAL SOCIETY FOR AFFECTIVE DISORDERS ``` ## **`NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 28th February 2023`** ## **`8. MOVEMENT IN FUNDS - continued`** ## **`Comparatives for movement in funds`** |||`Net`|| |---|---|---|---| |||`movement`|`At`| ||`At 1/3/21`|`in funds`|`28/2/22`| ||`£`|`£`|`£`| |**`Unrestricted funds`**|||| |`General fund`|`46,572`|`1,524`|`48,096`| |**`TOTAL FUNDS`**|`46,572`|`1,524`|`48,096`| ``` Comparative net movement in funds, included in the above are as follows: ``` |**`Unrestricted funds`**
`General fund`
**`TOTAL FUNDS`**|`Incoming`
`Resources`
`Movement`
`resources`
`expended`
`in funds`
`£`
`£`
`£`
`14,049`
`(12,525)`
`1,524`
`14,049`
`(12,525)`
`1,524`| |---|---| ``` A current year 12 months and prior year 12 months combined position is as follows: ``` |||`Net`|| |---|---|---|---| |||`movement`|`At`| ||`At 1/3/21`|`in funds`|`28/2/23`| ||`£`|`£`|`£`| |**`Unrestricted funds`**|||| |`General fund`|`46,572`|`12,655`|`59,227`| |**`TOTAL FUNDS`**|`46,572`|`12,655`|`59,227`| ``` continued... ``` ``` Page 12 ``` ``` THE INTERNATIONAL SOCIETY FOR AFFECTIVE DISORDERS ``` ``` NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 28th February 2023 ``` ## **`8. MOVEMENT IN FUNDS - continued`** ``` Acurrentyear12monthsandprioryear12monthscombinednetmovementinfunds,included in the above are as follows: ``` |**`Unrestricted funds`**
`General fund`
**`TOTAL FUNDS`**|`Incoming`
`Resources`
`Movement`
`resources`
`expended`
`in funds`
`£`
`£`
`£`
`41,525`
`(28,870)`
`12,655`
`41,525`
`(28,870)`
`12,655`| |---|---| ## **`9. RELATED PARTY DISCLOSURES`** ``` There were no related party transactions for the year ended 28th February 2023. ``` ``` Page 13 ``` ``` THE INTERNATIONAL SOCIETY FOR AFFECTIVE DISORDERS ``` ## **`DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the year ended 28th February 2023`** |**`INCOME AND ENDOWMENTS`**
**`Donations and legacies`**
`Gifts`
`Subscriptions`
**`Other trading activities`**
`ISAD meeting income`
**`Total incoming resources`**
**`EXPENDITURE`**
**`Raising donations and legacies`**
`Website and computer costs`
**`Charitable activities`**
`Membership services`
`Conference and travel costs`
`Sundries`
`Depreciation of tangible fixed assets`
`Bank charges`
**`Support costs`**
**`Other 2`**
`Advertising`
**`Governance costs`**
`Accountancy`
`Total resources expended`
**`Net income`**|`2023`
`£`
**`-`**
**`9,976`**
**`9,976`**
**`17,500`**
**`27,476`**
**`3,780`**
**`6,000`**
**`3,054`**
**`726`**
**`8`**
**`977`**
**`10,765`**
**`30`**
**`1,770`**
**`16,345`**
**`11,131`**|`2022`
`£`
`1`
`12,275`| |---|---|---| |||`12,276`
`1,773`| |||`14,049`
`3,780`
`6,000`
`-`
`77`
`8`
`998`| |||`7,083`
`-`
`1,662`| |||`12,525`| |||`1,524`| ``` This page does not form part of the statutory financial statements ``` ``` Page 14 ```