``` REGISTERED COMPANY NUMBER: 05314579 (England and Wales) REGISTERED CHARITY NUMBER: 1107420 ``` ## **`Report of the Trustees and`** ``` Unaudited Financial Statements for the Year Ended 31 December 2021 ``` ## **`for`** ``` The Society For The Advancement Of Anaesthesia In Dentistry ``` ``` Inspire Chartered Accountants ``` ``` 6 Queens Court Third Avenue Team Valley Gateshead Tyne and Wear NE11 0BU ``` ``` The Society For The Advancement Of Anaesthesia In Dentistry ``` ``` Contents of the Financial Statements for the Year Ended 31 December 2021 ``` ||**`Page`**| |---|---| |**`Report of the Trustees`**|`1 to 3`| |**`Independent Examiner's Report`**|`4 to 5`| |**`Statement of Financial Activities`**|`6`| |**`Balance Sheet`**|`7 to 8`| |**`Notes to the Financial Statements`**|`9 to 16`| |**`Detailed Statement of Financial Activities`**|`17 to 18`| ## **`The Society For The Advancement Of`** ## **`Anaesthesia In Dentistry`** ## **`Report of the Trustees`** ## **`for the Year Ended 31 December 2021`** ``` ThetrusteeswhoarealsodirectorsofthecharityforthepurposesoftheCompaniesAct2006,presenttheir report withthefinancialstatementsofthecharityfortheyearended31December2021.Thetrusteeshaveadopted the provisionsofAccountingandReportingbyCharities:StatementofRecommendedPracticeapplicableto charities preparingtheiraccountsinaccordancewiththeFinancialReportingStandardapplicableintheUKandRepublic of Ireland (FRS 102) (effective 1 January 2019). ``` ## **`OBJECTIVES AND ACTIVITIES`** ## **`Objectives and aims`** ``` Theobjectivesweretopromoteandencouragethestudyandextendthepracticeofimprovedmethods of administrationofanaesthesiaandsedationandallformsofanxietyandpaincontrolinDentistry.Therehasbeen no change in these during the year. ``` ``` The aim of the charity was to enhance the safety and well-being of the patients. ``` ``` Thestrategyadoptedinfurtheranceoftheseobjectiveswastouselectures,classes,demonstrations, discussions, publicationstoimparttoanddisseminateamongprofessionsinandrelatedtodentistryaknowledgeofallforms of pain and anxiety control in dentistry. ``` ``` ThetrusteeshavepaiddueregardtoguidanceissuedbytheCharityCommissionindecidingwhatactivitiesthe charity should undertake. ``` ``` Three major types of activities were undertaken by the charity. ``` ``` The holding of courses and seminars. The publication of an annual journal. The funding of research projects. ``` ## **`ACHIEVEMENT AND PERFORMANCE`** ``` The activities of the charity were severely restricted by the covid pandemic, 2021 has been a year for recovery. ``` ``` Thecharityrana seriesofwebinarsearlyin2021.Thesemeantthatthecharitableaimsofthesocietywerefulfilled, as well as providing income for the society. ``` ``` Itwaspossibletoprovidetwocoursesintheyear,usingahybridapproachforthefirstone.Thecourseswerefor a lower number of delegates than normally would be accommodated. ``` ``` It was possible to hold the annual symposium, again for fewer delegates that would normally attend. The research projects were all allowed additional time for completion ``` ``` IthadnotbeenpossibletooffertheSAADSafeSedationPracticeSchemeevaluationsduringthepandemic,andso the schemewassuspendeduntilthecovidrestrictionswerelifted.Likewise,theInhalationSedationEquipment Loan Scheme was suspended for most of 2021. ``` ``` ThereturntosomefacetofacemeetingsoftheBoardofTrusteesmeantthatTrusteesexpensesincreasedin 2021 compared to 2020, but were still below pre pandemic expenses. ``` ``` Page 1 ``` ## **`The Society For The Advancement Of`** ## **`Anaesthesia In Dentistry`** ## **`Report of the Trustees`** ## **`for the Year Ended 31 December 2021`** ## **`FINANCIAL REVIEW`** ## **`Financial review`** ``` Thetotalincomingresourcesofthecharityduringthefinancialyear£276,549(2020-£220,516).Thetotal resources expended during the financial year £290,185 (2020 - £228,019). ``` ``` Itisthepolicyofthecharitythatunrestrictedfundswhichhavenotbeendesignatedforaspecificuseshould be maintainedatalevelequivalenttobetweenthreeandsixmonth'sexpenditure.Thetrusteesconsiderthatreserves at thislevelwillensurethat,intheeventofasignificantdropinfunding,theywillbeabletocontinuethe charity's currentactivitieswhileconsiderationisgiventowaysinwhichadditionalfundsmayberaised.Thislevelof reserves has been maintained throughout the year. ``` ``` The trustees have a risk management strategy which comprises: ``` ``` - an annual review of the principal risks and uncertainties that the charity faces; ``` ``` - the establishment of policies, systems and procedures to mitigate those risks identified in the annual review ; and ``` ``` -theimplementationofproceduresdesignedtominimiseormanageanypotentialimpactonthecharityshould those risks materialise. ``` ``` Thisworkhasidentifiedthatfinancialsustainabilityisthemajorfinancialriskforthecharity,includingtheriskto the economy generally from the effect of Covid-19. ``` ## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`** ## **`Governing document`** ``` Thecharityiscontrolledbyitsgoverningdocument,adeedoftrust,andconstitutesalimitedcompany,limited by guarantee, as defined by the Companies Act 2006. ``` ## **`REFERENCE AND ADMINISTRATIVE DETAILS`** ## **`Registered Company number`** ``` 05314579 (England and Wales) ``` ## **`Registered Charity number`** ``` 1107420 ``` ## **`Registered office`** ``` 21 Portland Place London W1B 1PY ``` ``` Page 2 ``` ## **`The Society For The Advancement Of Anaesthesia In Dentistry`** ## **`Report of the Trustees`** ``` for the Year Ended 31 December 2021 ``` ## **`Trustees`** ``` Dr L R Adams Dr C Boyle Dr F Clough (appointed 24.9.21) M K Deol Dr K M Downie Dr C G P Holden Dr P C Howlett Dr S Hughes S G Jones Ms E Lee Dr T Lees (appointed 24.9.21) Dr Y K Loo Dr S Shah Dr Z Shehabi Dr M Majithia (resigned 24.9.21) Dr D P Pearson (resigned 24.9.21) ``` ## **`Independent Examiner`** ``` Inspire Chartered Accountants 6 Queens Court Third Avenue Team Valley Gateshead Tyne and Wear NE11 0BU ``` ``` Approved by order of the board of trustees on 27 September 2022 and signed on its behalf by: ``` ``` Dr K M Downie - Trustee ``` ``` Page 3 ``` ## **`Independent Examiner's Report to the Trustees of The Society For The Advancement Of`** ## **`Anaesthesia In Dentistry`** ## **`Independent examiner's report to the trustees of The Society For The Advancement Of Anaesthesia In Dentistry ('the Company')`** ``` IreporttothecharitytrusteesonmyexaminationoftheaccountsoftheCompanyfortheyear ended 31 December 2021. ``` ## **`Responsibilities and basis of report`** ``` Asthecharity'strusteesoftheCompany(andalsoitsdirectorsforthepurposesofcompanylaw)youare responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'). ``` ``` HavingsatisfiedmyselfthattheaccountsoftheCompanyarenotrequiredtobeauditedunderPart16ofthe 2006 Actandareeligibleforindependentexamination,Ireportinrespectofmyexaminationofyourcharity'saccounts as carriedoutundersection145oftheCharitiesAct2011('the2011Act').IncarryingoutmyexaminationI have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act. ``` ``` Page 4 ``` ## **`Independent Examiner's Report to the Trustees of The Society For The Advancement Of Anaesthesia In Dentistry`** ## **`Independent examiner's statement`** ``` Sinceyourcharity'sgrossincomeexceeded£250,000yourexaminermustbea memberofa listedbody.I can confirm thatIamqualifiedtoundertaketheexaminationbecauseIamaregisteredmemberofInstituteof Chartered Accountants in England and Wales which is one of the listed bodies. ``` ``` Ihavecompletedmyexamination.Iconfirmthatnomattershavecometomyattentioninconnectionwith 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)).` ``` Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexaminationtowhich attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. ``` ``` Michael McKenna ``` ``` Institute of Chartered Accountants in England and Wales Inspire Chartered Accountants ``` ``` 6 Queens Court Third Avenue Team Valley Gateshead Tyne and Wear NE11 0BU ``` ``` 27 September 2022 ``` ``` Page 5 ``` ## **`The Society For The Advancement Of`** ## **`Anaesthesia In Dentistry`** ## **`Statement of Financial Activities`** ## **`for the Year Ended 31 December 2021`** |`Unrestricted`
`fund`
`Notes`
`£`
**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
`61,531`
**`Charitable activities`**
`Evaluation fee`
`-`
`Courses and conferences`
`185,637`
`Other trading activities`
`3`
`-`
`Investment income`
`4`
`21,831`
**`Total`**
`268,999`
**`EXPENDITURE ON`**
**`Charitable activities`**
`Courses and conferences`
`283,155`
`Other`
`7,030`
**`Total`**
`290,185`
`Net gains/(losses) on investments`
`53,783`
**`NET INCOME/(EXPENDITURE)`**
`32,597`
**`RECONCILIATION OF FUNDS`**
**`Total funds brought forward`**
`754,480`
**`TOTAL FUNDS CARRIED FORWARD`**
`787,077`|`Restricted`
`fund`
`£`
`-`
`7,550`
`-`
`-`
`-`
`7,550`
`-`
`-`
`-`
`-`
`7,550`
`73,420`
`80,970`|`31.12.21`
`31.12.20`
`Total`
`Total`
`funds`
`funds`
`£`
`£`
`61,531`
`53,537`
`7,550`
`2,240`
`185,637`
`142,929`
`-`
`1,630`
`21,831`
`20,180`
`276,549`
`220,516`
`283,155`
`225,339`
`7,030`
`2,680`
`290,185`
`228,019`
`53,783`
`(84,521)`
`40,147`
`(92,024)`
`827,900`
`919,924`
`868,047`
`827,900`| |---|---|---| ``` The notes form part of these financial statements ``` ``` Page 6 ``` ## **`The Society For The Advancement Of Anaesthesia In Dentistry`** ## **`Balance Sheet`** ## **`31 December 2021`** |`Notes`
**`FIXED ASSETS`**
`Tangible assets`
`8`
`Investments`
`9`
**`CURRENT ASSETS`**
`Debtors`
`10`
`Cash at bank`
**`CREDITORS`**
`Amounts falling due within one year`
`11`
**`NET CURRENT ASSETS`**
**`TOTAL ASSETS LESS CURRENT`**
**`LIABILITIES`**
**`ACCRUALS AND DEFERRED INCOME`**
`12`
**`NET ASSETS`**
**`FUNDS`**
`13`
`Unrestricted funds`
`Restricted funds`
**`TOTAL FUNDS`**|`Unrestricted`
`fund`
`£`
`15,699`
`459,769`
`475,468`
`-`
`397,899`
`397,899`
`(7,980)`
`389,919`
`865,387`
`(78,310)`
`787,077`|`Restricted`
`fund`
`£`
`-`
`-`
`-`
`-`
`80,970`
`80,970`
`-`
`80,970`
`80,970`
`-`
`80,970`|`31.12.21`
`Total`
`funds`
`£`
`15,699`
`459,769`
`475,468`
`-`
`478,869`
`478,869`
`(7,980)`
`470,889`
`946,357`
`(78,310)`
`868,047`
`787,077`
`80,970`
`868,047`|`31.12.20`
`Total`
`funds`
`£`
`18,469`
`405,986`
`424,455`
`875`
`496,227`
`497,102`
`(6,922)`
`490,180`
`914,635`
`(86,735)`
`827,900`
`754,480`
`73,420`
`827,900`| |---|---|---|---|---| ``` ThecharitablecompanyisentitledtoexemptionfromauditunderSection477oftheCompaniesAct2006for the year ended 31 December 2021. ``` ``` Themembershavenotrequiredthecompanytoobtainanauditofitsfinancialstatementsfortheyear ended 31 December 2021 in accordance with Section 476 of the Companies Act 2006. ``` ``` The notes form part of these financial statements ``` ``` continued... ``` ``` Page 7 ``` ## **`The Society For The Advancement Of`** ## **`Anaesthesia In Dentistry`** ## **`Balance Sheet - continued`** ## **`31 December 2021`** ``` 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.` ``` Thesefinancialstatementshavebeenpreparedinaccordancewiththeprovisionsapplicabletocharitable companies subject to the small companies regime. ``` ``` ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissueon27September2022 and were signed on its behalf by: ``` ``` K M Downie - Trustee ``` ``` The notes form part of these financial statements ``` ``` Page 8 ``` ## **`The Society For The Advancement Of`** ## **`Anaesthesia In Dentistry`** ## **`Notes to the Financial Statements`** ``` for the Year Ended 31 December 2021 ``` ## **`1. FIXED ASSET INVESTMENTS`** ``` Fixedassetinvestmentsareinitiallymeasuredattransactionpriceplustransactioncostsandare subsequently measured at fair value at each reporting date. ``` ``` Changes in fair value are recognised in net income /(expenditure)in the year. ``` ## **`2. ACCOUNTING POLICIES`** ## **`Basis of preparing the financial statements`** ``` Thefinancialstatementsofthecharitablecompany,whichisapublicbenefitentityunderFRS102,have been preparedinaccordancewiththeCharitiesSORP(FRS102)'AccountingandReportingbyCharities: Statement ofRecommendedPracticeapplicabletocharitiespreparingtheiraccountsinaccordancewiththe Financial ReportingStandardapplicableintheUKandRepublicofIreland(FRS102)(effective1January2019)', Financial ReportingStandard102'TheFinancialReportingStandardapplicableintheUKandRepublicofIreland'and the CompaniesAct2006.Thefinancialstatementshavebeenpreparedunderthehistoricalcostconvention, with theexceptionofinvestmentswhichareincludedatmarketvalue,asmodifiedbytherevaluationof certain assets. ``` ## **`Income`** ``` AllincomeisrecognisedintheStatementofFinancialActivitiesoncethecharityhasentitlementtothefunds, it is probable that the income will be received and the amount can be measured reliably. ``` ## **`Expenditure`** ``` Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructiveobligationcommitting the charitytothatexpenditure,itisprobablethatatransferofeconomicbenefitswillberequiredin settlement andtheamountoftheobligationcanbemeasuredreliably.Expenditureisaccountedforonanaccruals basis andhasbeenclassifiedunderheadingsthataggregateallcostrelatedtothecategory.Wherecostscannot be directlyattributedtoparticularheadingstheyhavebeenallocatedtoactivitiesonabasisconsistentwith the use of resources. ``` ``` Grantsofferedsubjecttoconditionswhichhavenotbeenmetattheyearenddatearenotedasa commitment but not accrued as expenditure. ``` ## **`Tangible fixed assets`** ``` Depreciationisprovidedatthefollowingannualratesinordertowriteoffeachassetoveritsestimated useful life. ``` ``` Fixtures and fittings ``` ``` - 15% on reducing balance ``` ## **`Taxation`** ``` The charity is exempt from corporation tax on its charitable activities. ``` ## **`Fund accounting`** ``` Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. ``` ``` Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsofthe charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. ``` ``` continued... ``` ``` Page 9 ``` ## **`The Society For The Advancement Of`** ## **`Anaesthesia In Dentistry`** ## **`Notes to the Financial Statements - continued`** ## **`for the Year Ended 31 December 2021`** ## **`2. ACCOUNTING POLICIES - continued`** ## **`Fund accounting`** ``` Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ``` ## **`3. OTHER TRADING ACTIVITIES`** |**`3.`**|**`OTHER TRADING ACTIVITIES`**||| |---|---|---|---| |||`31.12.21`|`31.12.20`| |||`£`|`£`| ||`Leaflets and publications`|`-`|`1,630`| |**`4.`**|**`INVESTMENT INCOME`**||| |||`31.12.21`|`31.12.20`| |||`£`|`£`| ||`Other fixed asset invest - FII`|`21,781`|`19,739`| ||`Deposit account interest`|`50`|`441`| |||`21,831`|`20,180`| |**`5.`**|**`NET INCOME/(EXPENDITURE)`**||| ||`Net income/(expenditure) is stated after charging/(crediting):`||| |||`31.12.21`|`31.12.20`| |||`£`|`£`| ||`Depreciation - owned assets`|`2,770`|`3,259`| ## **`6. TRUSTEES' REMUNERATION AND BENEFITS`** ``` Therewerenotrustees'remunerationorotherbenefitsfortheyearended31December2021norfor the year ended 31 December 2020. ``` ``` continued... ``` ``` Page 10 ``` ## **`The Society For The Advancement Of`** ## **`Anaesthesia In Dentistry`** ## **`Notes to the Financial Statements - continued`** ## **`for the Year Ended 31 December 2021`** ## **`6. TRUSTEES' REMUNERATION AND BENEFITS - continued`** ## **`Trustees' expenses`** ``` During the year the Trustees received expenses in the sum of £5,822 (2020:£2,501). ``` ## **`7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`** |`Unrestricted`
`fund`
`£`
**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
`53,537`
**`Charitable activities`**
`Evaluation fee`
`-`
`Courses and conferences`
`142,929`
`Other trading activities`
`1,630`
`Investment income`
`20,180`
**`Total`**
`218,276`
**`EXPENDITURE ON`**
**`Charitable activities`**
`Courses and conferences`
`193,623`
`Other`
`2,680`
**`Total`**
`196,303`
`Net gains/(losses) on investments`
`(84,521)`
**`NET INCOME/(EXPENDITURE)`**
`(62,548)`
**`RECONCILIATION OF FUNDS`**
**`Total funds brought forward`**
`817,028`
**`TOTAL FUNDS CARRIED FORWARD`**
`754,480`|`Restricted`
`fund`
`£`
`-`
`2,240`
`-`
`-`
`-`
`2,240`
`31,716`
`-`
`31,716`
`-`
`(29,476)`
`102,896`
`73,420`|`Total`
`funds`
`£`
`53,537`
`2,240`
`142,929`
`1,630`
`20,180`
`220,516`
`225,339`
`2,680`
`228,019`
`(84,521)`
`(92,024)`
`919,924`
`827,900`| |---|---|---| ``` continued... ``` ``` Page 11 ``` ## **`The Society For The Advancement Of Anaesthesia In Dentistry`** ## **`Notes to the Financial Statements - continued`** ## **`for the Year Ended 31 December 2021`** ## **`8. TANGIBLE FIXED ASSETS`** |**`8.`**|**`TANGIBLE FIXED ASSETS`**|| |---|---|---| |||`Fixtures`| |||`and`| |||`fittings`| |||`£`| ||**`COST`**|| ||`At 1 January 2021 and 31 December 2021`|`68,271`| ||**`DEPRECIATION`**|| ||`At 1 January 2021`|`49,802`| ||`Charge for year`|`2,770`| ||`At 31 December 2021`|`52,572`| ||**`NET BOOK VALUE`**|| ||`At 31 December 2021`|`15,699`| ||`At 31 December 2020`|`18,469`| |**`9.`**|**`FIXED ASSET INVESTMENTS`**|| |||`Listed`| |||`investments`| |||`£`| ||**`MARKET VALUE`**|| ||`At 1 January 2021`|`405,986`| ||`Revaluations`|`53,783`| ||`At 31 December 2021`|`459,769`| ||**`NET BOOK VALUE`**|| ||`At 31 December 2021`|`459,769`| ||`At 31 December 2020`|`405,986`| ``` There were no investment assets outside the UK. ``` ``` continued... ``` ``` Page 12 ``` ## **`The Society For The Advancement Of`** ## **`Anaesthesia In Dentistry`** ## **`Notes to the Financial Statements - continued`** ## **`for the Year Ended 31 December 2021`** ## **`9. FIXED ASSET INVESTMENTS - continued`** ``` Cost or valuation at 31 December 2021 is represented by: ``` |`Valuation in 2020`
`Valuation in 2021`
`Cost`
**`10.`**
**`DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
`Prepayments and accrued income`
**`11.`**
**`CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
`Accruals and deferred income`
**`12.`**
**`ACCRUALS AND DEFERRED INCOME`**
`Accruals and deferred income`
**`13.`**
**`MOVEMENT IN FUNDS`**
`At 1.1.21`
`£`
**`Unrestricted funds`**
`General fund`
`754,480`
**`Restricted funds`**
`Restricted`
`73,420`
**`TOTAL FUNDS`**
`827,900`|`Listed`
`investments`
`£`
`(84,521)`
`53,783`
`490,507`
`459,769`
`31.12.21`
`31.12.20`
`£`
`£`
`-`
`875`
`31.12.21`
`31.12.20`
`£`
`£`
`7,980`
`6,922`
`31.12.21`
`31.12.20`
`£`
`£`
`78,310`
`86,735`
`Net`
`movement`
`At`
`in funds`
`31.12.21`
`£`
`£`
`32,597`
`787,077`
`7,550`
`80,970`
`40,147`
`868,047`| |---|---| ``` continued... ``` ``` Page 13 ``` ## **`The Society For The Advancement Of`** ## **`Anaesthesia In Dentistry`** ## **`Notes to the Financial Statements - continued`** ## **`for the Year Ended 31 December 2021`** ## **`13. MOVEMENT IN FUNDS - continued`** ``` Net movement in funds, included in the above are as follows: ``` |**`Unrestricted funds`**
`General fund`
**`Restricted funds`**
`Restricted`
**`TOTAL FUNDS`**|`Incoming`
`resources`
`£`
`268,999`
`7,550`
`276,549`|`Resources`
`expended`
`£`
`(290,185)`
`-`
`(290,185)`|`Gains and`
`Movement`
`losses`
`in funds`
`£`
`£`
`53,783`
`32,597`
`-`
`7,550`
`53,783`
`40,147`| |---|---|---|---| ## **`Comparatives for movement in funds`** |`At 1.1.20`
`£`
**`Unrestricted funds`**
`General fund`
`817,028`
**`Restricted funds`**
`Restricted`
`102,896`
**`TOTAL FUNDS`**
`919,924`
`Comparative net movement in funds, included in the above are as follows:`
`Incoming`
`Resources`
`resources`
`expended`
`£`
`£`
**`Unrestricted funds`**
`General fund`
`218,276`
`(196,303)`
**`Restricted funds`**
`Restricted`
`2,240`
`(31,716)`
**`TOTAL FUNDS`**
`220,516`
`(228,019)`|`Net`
`movement`
`At`
`in funds`
`31.12.20`
`£`
`£`
`(62,548)`
`754,480`
`(29,476)`
`73,420`
`(92,024)`
`827,900`
`Gains and`
`Movement`
`losses`
`in funds`
`£`
`£`
`(84,521)`
`(62,548)`
`-`
`(29,476)`
`(84,521)`
`(92,024)`| |---|---| ``` continued... ``` ``` Page 14 ``` ## **`The Society For The Advancement Of`** ## **`Anaesthesia In Dentistry`** ## **`Notes to the Financial Statements - continued`** ## **`for the Year Ended 31 December 2021`** ## **`13. MOVEMENT IN FUNDS - continued`** ``` A current year 12 months and prior year 12 months combined position is as follows: ``` |**`Unrestricted funds`**
`General fund`
**`Restricted funds`**
`Restricted`
**`TOTAL FUNDS`**|`At 1.1.20`
`£`
`817,028`
`102,896`
`919,924`|`Net`
`movement`
`in funds`
`£`
`(29,951)`
`(21,926)`
`(51,877)`|`At`
`31.12.21`
`£`
`787,077`
`80,970`| |---|---|---|---| ||||`868,047`| ``` Acurrentyear12monthsandprioryear12monthscombinednetmovementinfunds,includedinthe above are as follows: ``` |**`Unrestricted funds`**
`General fund`
**`Restricted funds`**
`Restricted`
**`TOTAL FUNDS`**|`Incoming`
`resources`
`£`
`487,275`
`9,790`
`497,065`|`Resources`
`expended`
`£`
`(486,488)`
`(31,716)`
`(518,204)`|`Gains and`
`Movement`
`losses`
`in funds`
`£`
`£`
`(30,738)`
`(29,951)`
`-`
`(21,926)`
`(30,738)`
`(51,877)`|`Gains and`
`Movement`
`losses`
`in funds`
`£`
`£`
`(30,738)`
`(29,951)`
`-`
`(21,926)`
`(30,738)`
`(51,877)`| |---|---|---|---|---| |||||`(51,877)`| ``` continued... ``` ``` Page 15 ``` ``` The Society For The Advancement Of Anaesthesia In Dentistry ``` ## **`Notes to the Financial Statements - continued`** ``` for the Year Ended 31 December 2021 ``` ## **`14. RELATED PARTY DISCLOSURES`** ``` There were no related party transactions for the year ended 31 December 2021. ``` ``` Page 16 ```