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 2024
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 2024
|
Page |
Report of the Trustees |
1 to 4 |
Independent Examiner's Report |
5 to 6 |
Statement of Financial Activities |
7 |
Balance Sheet |
8 to 9 |
Cash Flow Statement |
10 |
Notes to the Cash Flow Statement |
11 |
Notes to the Financial Statements |
12 to 20 |
Detailed Statement of Financial Activities |
21 to 22 |
The Society For The Advancement Of
Anaesthesia In Dentistry
Report of the Trustees
for the Year Ended 31 December 2024
ThetrusteeswhoarealsodirectorsofthecharityforthepurposesoftheCompaniesAct2006,presenttheir report
withthefinancialstatementsofthecharityfortheyearended31December2024.Thetrusteeshaveadopted the
provisionsofAccountingandReportingbyCharities:StatementofRecommendedPracticeapplicableto charities
preparingtheiraccountsinaccordancewiththeFinancialReportingStandardapplicableintheUKandRepublic of
Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
TheobjectivesoftheCharityaretopromoteandencouragethestudyandextendthepracticeofimproved methods
ofadministrationofanaesthesiaandsedationandallformsofanxietyandpaincontrolinDentistry.Therehasbeen no
change in these during the year.
The aim of the charity was to enhance the safety and well-being of the patients
Thestrategyadoptedinfurtheranceoftheseobjectivesweretouselectures,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 as follows:
The holding of courses and seminars.
The publication of a biannual journal.
The funding of research projects.
Page 1
The Society For The Advancement Of
Anaesthesia In Dentistry
Report of the Trustees
for the Year Ended 31 December 2024
ACHIEVEMENT AND PERFORMANCE
Theactivitiesofthecharitywereseverelyrestrictedbythecovidpandemic,andthroughout2024therehasbeen a
continuation of recovery and review of what SAAD offers.
The number of membership subscriptions increased slightly compared with the previous year.
Theusualthreecoursesandtrainingschemeswereprovidedduringintheyear,andwerewellsupported. The
blendedformatcontinuestobepopularandsothedecisiontocontinuetoprovideoneofthecoursesina blended
formatwasreaffirmed.TheSAADAssessedSedationHygienist/Therapist(SASH/T)schemewasalsoprovidedin the
blended format for the first time and received excellent feedback.
Thetrainingschemescontinuetobewellsupported,andtheonlinecasebaseddiscussions,providedtosupport those
enrolled on the schemes are increasingly popular.
TheseriesofthreeSAADWinterWebinarswaswellsupported,albeitwithslightlylowernumberofdelegates than
previously.Acomplimentarywebinar'Avisitingsedationist;aninsiderview'wasprovidedforSAAD members,
non-members paid to attend.
ThepilotSAADLifeSupport(SLS)coursewasheldinFebruary2024.Thefeedbackwasexcellentanditwas decided
to offer the course again in 2025 as a further pilot.
Thesymposiumwasaliveeventandwaswellattendeddespitecoincidingwithatrainstrikeforthethird consecutive
year.
The research projects were again all allowed additional time for completion and are ongoing.
The SAAD Safe Sedation Practice Scheme continued to be available.
TheSAADDigestcontinuestobeatangiblebenefitofmembership,alongwiththeonlineCPDavailablefrom the
SAAD website. Access is complimentary for members; non-members can pay a fee for access for 12 months.
Page 2
The Society For The Advancement Of
Anaesthesia In Dentistry
Report of the Trustees
for the Year Ended 31 December 2024
FINANCIAL REVIEW
Financial review
Thetotalincomingresourcesofthecharityduringthefinancialyearwas£583,313(2023-£533,333).The total
resources expended during the financial year was £498,375 (2023 - £509,188).
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.
This work has identified that financial sustainability is the major financial risk for the charity.
A financial advisor has been engaged to provide investment advice for the charity.
Decisionscontinuetobemadetoensurethefinancialsustainabilityofthesocietywhilstcontinuingtofulfil the
charitableaims,whereverandhoweverpossible.Theaccountsarereviewedonaweeklybasisanddiscussedat every
board meeting.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
Thecharityiscontrolledbyitsgoverningdocument,adeedoftrust,andconstitutesalimitedcompany,limited by
guarantee, as defined by the Companies Act 2006.
Thecharityiscontrolledbyitsgoverningdocument,adeedoftrust,andconstitutesalimitedcompany,limited by
guarantee, as defined by the Companies Act 2006.
Charity constitution
Thecharityisacompanylimitedbyguaranteeandwasincorporatedonthe16thDecember2004.Thetrustees, who
arealsothedirectorsforthepurposeofcompanylaw,andwhoservedduringtheyearanduptothedateof signature
of the financial statements are set out below.
Noneofthetrusteeshasanybeneficialinterestinthecompany.Allofthetrusteesaremembersofthecompany and
guarantee to contribute £1 in the event of a winding up.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
05314579 (England and Wales)
Registered Charity number
1107420
Page 3
The Society For The Advancement Of Anaesthesia In Dentistry
Report of the Trustees
for the Year Ended 31 December 2024
Registered office
21 Portland Place
London
W1B 1PY
Trustees
Dr L R Adams (resigned 28.9.24)
Dr C Boyle
Dr F Clough (resigned 28.9.24)
Dr M K Deol
Dr C G P Holden (resigned 28.9.24)
Dr P C Howlett
Dr S Hughes
Dr T Lees
Dr Y K Loo
Dr Z Shehabi
Dr A Stamp
Dr I Suida
Dr R Kerr (appointed 28.9.24)
Dr R Lee (appointed 28.9.24)
Dr S Fenesan (appointed 28.9.24)
Dr S Chaplin-Rogers (appointed 28.9.24)
Dr L Sharifian (appointed 28.9.24)
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 13 June 2025 and signed on its behalf by:
Dr P C Howlett - Trustee
Page 4
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 2024.
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 5
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
thatIamqualifiedtoundertaketheexaminationbecauseIamamemberoftheInstituteofCharteredAccountants 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
Inspire Chartered Accountants
6 Queens Court
Third Avenue
Team Valley
Gateshead
Tyne and Wear
NE11 0BU
13 June 2025
Page 6
The Society For The Advancement Of
Anaesthesia In Dentistry
Statement of Financial Activities
for the Year Ended 31 December 2024
Unrestricted
fund
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
3
83,851
Charitable activities
5
Evaluation fee
-
Courses and conferences
452,497
Investment income
4
34,655
Total
571,003
EXPENDITURE ON
Charitable activities
6
Evaluation fee
-
Courses and conferences
491,426
Other
6,949
Total
498,375
Net gains/(losses) on investments
10,880
NET INCOME
83,508
RECONCILIATION OF FUNDS
Total funds brought forward
803,640
TOTAL FUNDS CARRIED FORWARD
887,148 |
Restricted
fund
£
-
12,310
-
-
12,310
-
-
-
-
-
12,310
79,466
91,776 |
31.12.24
31.12.23
Total
Total
funds
funds
£
£
83,851
66,487
12,310
2,736
452,497
432,026
34,655
32,084
583,313
533,333
-
13,486
491,426
488,728
6,949
6,974
498,375
509,188
10,880
(10,045)
95,818
14,100
883,106
869,006
978,924
883,106 |
|
|
|
The notes form part of these financial statements
Page 7
The Society For The Advancement Of Anaesthesia In Dentistry
Balance Sheet
31 December 2024
Notes
FIXED ASSETS
Tangible assets
12
Investments
13
CURRENT ASSETS
Debtors
14
Cash at bank
CREDITORS
Amounts falling due within one year
15
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT
LIABILITIES
ACCRUALS AND DEFERRED INCOME
16
NET ASSETS
FUNDS
17
Unrestricted funds
Restricted funds
TOTAL FUNDS |
Unrestricted
fund
£
9,641
434,840
444,481
4,613
492,766
497,379
(16,076)
481,303
925,784
(38,636)
887,148 |
Restricted
fund
£
-
-
-
-
91,776
91,776
-
91,776
91,776
-
91,776 |
31.12.24
Total
funds
£
9,641
434,840
444,481
4,613
584,542
589,155
(16,076)
573,079
1,017,560
(38,636)
978,924
887,148
91,776
978,924 |
31.12.23
Total
funds
£
11,342
423,960
435,302
-
514,932
514,932
(11,794)
503,138
938,440
(55,334)
883,106
803,640
79,466
883,106 |
|
|
|
|
|
ThecharitablecompanyisentitledtoexemptionfromauditunderSection477oftheCompaniesAct2006for the
year ended 31 December 2024.
Themembershavenotrequiredthecompanytoobtainanauditofitsfinancialstatementsfortheyear ended
31 December 2024 in accordance with Section 476 of the Companies Act 2006.
The notes form part of these financial statements
continued...
Page 8
The Society For The Advancement Of Anaesthesia In Dentistry
Balance Sheet - continued
31 December 2024
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.
ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissueon13June2025and were
signed on its behalf by:
Dr P C Howlett - Trustee
The notes form part of these financial statements
Page 9
The Society For The Advancement Of
Anaesthesia In Dentistry
Cash Flow Statement for the Year Ended 31 December 2024
Notes
Cash flows from operating activities
Cash generated from operations
1
Net cash provided by/(used in) operating activities
Cash flows from investing activities
Interest received
Dividends received
Net cash provided by investing activities
Change in cash and cash equivalents in
the reporting period
Cash and cash equivalents at the
beginning of the reporting period
Cash and cash equivalents at the end
of the reporting period |
31.12.24
£
34,955
34,955
8,118
26,537
34,655
69,610
514,932
584,542 |
31.12.23
£
(10,565)
(10,565)
6,891
25,193
32,084
21,519
493,413
514,932 |
|
|
|
The notes form part of these financial statements
Page 10
The Society For The Advancement Of Anaesthesia In Dentistry
Notes to the Cash Flow Statement
for the Year Ended 31 December 2024
1. RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
ACTIVITIES |
|
|
|
31.12.24 |
31.12.23 |
|
£ |
£ |
Net income for the reporting period (as per the Statement of |
|
|
Financial Activities) |
95,818 |
14,100 |
Adjustments for: |
|
|
Depreciation charges |
1,701 |
2,002 |
(Gain)/losses on investments |
(10,880) |
10,045 |
Interest received |
(8,118) |
(6,891) |
Dividends received |
(26,537) |
(25,193) |
Increase in debtors |
(4,613) |
- |
Decrease in creditors |
(12,416) |
(4,628) |
Net cash provided by/(used in) operations |
34,955 |
(10,565) |
2. ANALYSIS OF CHANGES IN NET FUNDS
|
At 1.1.24 |
Cash flow |
At 31.12.24 |
|
£ |
£ |
£ |
Net cash |
|
|
|
Cash at bank and in hand |
514,932 |
69,610 |
584,542 |
|
514,932 |
69,610 |
584,542 |
Total |
514,932 |
69,610 |
584,542 |
The notes form part of these financial statements
Page 11
The Society For The Advancement Of
Anaesthesia In Dentistry
Notes to the Financial Statements
for the Year Ended 31 December 2024
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 12
The Society For The Advancement Of Anaesthesia In Dentistry
Notes to the Financial Statements - continued
for the Year Ended 31 December 2024
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. DONATIONS AND LEGACIES
Membership fees
4.
INVESTMENT INCOME
Other fixed asset invest - FII
Deposit account interest
5.
INCOME FROM CHARITABLE ACTIVITIES
Activity
Evaluation fees
Evaluation fee
Courses and conferences
Courses and conferences
Grants received, included in the above, are as follows: |
31.12.24
£
83,851
31.12.24
£
26,537
8,118
34,655
31.12.24
£
12,310
452,497
464,807
31.12.24
£ |
31.12.23
£
66,487
31.12.23
£
25,193
6,891
32,084
31.12.23
£
2,736
432,026 |
|
|
434,762 |
|
|
31.12.23
£ |
continued...
Page 13
The Society For The Advancement Of
Anaesthesia In Dentistry
Notes to the Financial Statements - continued
for the Year Ended 31 December 2024
6. CHARITABLE ACTIVITIES COSTS
Courses and conferences
7.
GRANTS PAYABLE
Courses and conferences
8.
SUPPORT COSTS
Management
£
Other resources expended
722
Courses and conferences
176,903
177,625
9.
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
Depreciation - owned assets |
Support
Direct
costs (see
Costs
note 8)
£
£
288,974
202,452
31.12.24
£
-
Governance
Finance
costs
£
£
3,587
2,640
-
25,549
3,587
28,189
31.12.24
£
1,701 |
Totals
£
491,426 |
|
|
31.12.23
£
3,435
Totals
£
6,949
202,452 |
|
|
209,401 |
|
|
31.12.23
£
2,002 |
continued...
Page 14
The Society For The Advancement Of
Anaesthesia In Dentistry
Notes to the Financial Statements - continued
for the Year Ended 31 December 2024
10. TRUSTEES' REMUNERATION AND BENEFITS
Therewerenotrustees'remunerationorotherbenefitsfortheyearended31December2024norfor the
year ended 31 December 2023.
Trustees' expenses
During the year the Trustees received expenses in the sum of £25,549 (2023:£19,440).
11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
fund
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
66,487
Charitable activities
Evaluation fee
-
Courses and conferences
432,026
Investment income
32,084
Total
530,597
EXPENDITURE ON
Charitable activities
Evaluation fee
-
Courses and conferences
488,728
Other
6,974
Total
495,702
Net gains/(losses) on investments
(10,045)
NET INCOME/(EXPENDITURE)
24,850
RECONCILIATION OF FUNDS
Total funds brought forward
778,790
TOTAL FUNDS CARRIED FORWARD
803,640 |
Restricted
fund
£
-
2,736
-
-
2,736
13,486
-
-
13,486
-
(10,750)
90,216
79,466 |
Total
funds
£
66,487
2,736
432,026
32,084
533,333
13,486
488,728
6,974
509,188
(10,045)
14,100
869,006
883,106 |
|
|
|
continued...
Page 15
The Society For The Advancement Of Anaesthesia In Dentistry
Notes to the Financial Statements - continued
for the Year Ended 31 December 2024
12. TANGIBLE FIXED ASSETS
12. |
TANGIBLE FIXED ASSETS |
|
|
|
Fixtures |
|
|
and |
|
|
fittings |
|
|
£ |
|
COST |
|
|
At 1 January 2024 and 31 December 2024 |
68,271 |
|
DEPRECIATION |
|
|
At 1 January 2024 |
56,929 |
|
Charge for year |
1,701 |
|
At 31 December 2024 |
58,630 |
|
NET BOOK VALUE |
|
|
At 31 December 2024 |
9,641 |
|
At 31 December 2023 |
11,342 |
13. |
FIXED ASSET INVESTMENTS |
|
|
|
Listed |
|
|
investments |
|
|
£ |
|
MARKET VALUE |
|
|
At 1 January 2024 |
423,960 |
|
Revaluations |
10,880 |
|
At 31 December 2024 |
434,840 |
|
NET BOOK VALUE |
|
|
At 31 December 2024 |
434,840 |
|
At 31 December 2023 |
423,960 |
There were no investment assets outside the UK.
continued...
Page 16
The Society For The Advancement Of Anaesthesia In Dentistry
Notes to the Financial Statements - continued
for the Year Ended 31 December 2024
13. FIXED ASSET INVESTMENTS - continued
Cost or valuation at 31 December 2024 is represented by:
|
|
|
Listed |
|
|
|
investments |
|
|
|
£ |
|
Valuation in 2020 |
|
(84,521) |
|
Valuation in 2021 |
|
53,783 |
|
Valuation in 2022 |
|
(25,763) |
|
Valuation in 2023 |
|
(10,045) |
|
Valuation in 2024 |
|
10,880 |
|
Cost |
|
490,506 |
|
|
|
434,840 |
14. |
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
|
|
|
|
31.12.24 |
31.12.23 |
|
|
£ |
£ |
|
Prepayments and accrued income |
4,613 |
- |
15. |
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
|
|
|
|
31.12.24 |
31.12.23 |
|
|
£ |
£ |
|
Accruals and deferred income |
16,076 |
11,794 |
16. |
ACCRUALS AND DEFERRED INCOME |
|
|
|
|
31.12.24 |
31.12.23 |
|
|
£ |
£ |
|
Accruals and deferred income |
38,636 |
55,334 |
continued...
Page 17
The Society For The Advancement Of
Anaesthesia In Dentistry
Notes to the Financial Statements - continued
for the Year Ended 31 December 2024
17. MOVEMENT IN FUNDS
Unrestricted funds
General fund
Restricted funds
Restricted
TOTAL FUNDS
Net movement in funds, included in the above are a
Unrestricted funds
General fund
Restricted funds
Restricted
TOTAL FUNDS
Comparatives for movement in funds
Unrestricted funds
General fund
Restricted funds
Restricted
TOTAL FUNDS |
s follows:
Incoming
resources
£
571,003
12,310
583,313 |
At 1.1.24
£
803,640
79,466
883,106
Resources
expended
£
(498,375)
-
(498,375)
At 1.1.23
£
778,790
90,216
869,006 |
Net
movement
At
in funds
31.12.24
£
£
83,508
887,148
12,310
91,776
95,818
978,924
Gains and
Movement
losses
in funds
£
£
10,880
83,508
-
12,310
10,880
95,818
Net
movement
At
in funds
31.12.23
£
£
24,850
803,640
(10,750)
79,466
14,100
883,106 |
|
|
|
|
continued...
Page 18
The Society For The Advancement Of
Anaesthesia In Dentistry
Notes to the Financial Statements - continued
for the Year Ended 31 December 2024
17. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
Restricted funds
Restricted
TOTAL FUNDS |
Incoming
resources
£
530,597
2,736
533,333 |
Resources
expended
£
(495,702)
(13,486)
(509,188) |
Gains and
Movement
losses
in funds
£
£
(10,045)
24,850
-
(10,750)
(10,045)
14,100 |
Gains and
Movement
losses
in funds
£
£
(10,045)
24,850
-
(10,750)
(10,045)
14,100 |
|
|
|
|
14,100 |
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 1.1.23
£
778,790
90,216
869,006 |
Net
movement
in funds
£
108,358
1,560
109,918 |
At
31.12.24
£
887,148
91,776 |
|
|
|
978,924 |
Acurrentyear12monthsandprioryear12monthscombinednetmovementinfunds,includedinthe above
are as follows:
Incoming
Resources
resources
expended
£
£
Unrestricted funds
General fund
1,101,600
(994,077)
Restricted funds
Restricted
15,046
(13,486)
TOTAL FUNDS
1,116,646
(1,007,563) |
Gains and
Movement
losses
in funds
£
£
835
108,358
-
1,560
835
109,918 |
Gains and
Movement
losses
in funds
£
£
835
108,358
-
1,560
835
109,918 |
|
|
109,918 |
continued...
Page 19
The Society For The Advancement Of
Anaesthesia In Dentistry
Notes to the Financial Statements - continued
for the Year Ended 31 December 2024
18. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 December 2024.
Page 20