| Contents | ||||
|---|---|---|---|---|
| Page: | ||||
| Report ofthe | Trustees | |||
| 13 | Independent | examiner's | report | |
| 14 | Statement of | financial activities | ||
| 15 | Balance sheet | |||
| 16 | Statement of | cash flows | ||
| 17 | Notes forming part ofthe financial | statements |
| In 2020 th | e following | core educational meetings took p |
lace:- |
|---|---|---|---|
| November | 2019 | Scottish Meeting | Glasgow |
| March | Spring Meeting | Crewe | |
| March | Advanced Dermoscopy |
London | |
| May | Skin Surgery | Leeds(postponed) | |
| June | Summer Meeting | London (postponed) | |
| September | Autumn Meeting |
Cardiff (online) | |
| October | Skin Surgery | London | |
| October | Advanced Dermoscopy |
Manchester (postponed) |
| Essential De | rmatology Se |
ries I&2 meetings 2020: | - |
|---|---|---|---|
| London (I) | 25 March | Hallam Conference Centre (postponed) |
|
| Newcastle (2) | I April | RCGP North East (postponed 2021) | |
| Leeds (1) | 30April | Marriott (postponed 29.09) | |
| Llandudno (1) |
4 June | RCGP North Wales (postponed 2021) | |
| London (1) | 10June | RCGP Beds &Herts (cancelled) | |
| Cheltenham | (2) | 25 June | Cheltenham Chase (postponed 27.11) |
| Birmingham | (I) | 30September | Crowne Plaza City Centre |
| Abergavenny | (1) | 6October | Gwent VTS |
| Swansea (1) | 7October | RCGP SW Wales (postponed 2021) | |
| London (1) | 3 November | Cavendish Conference Centre |
|
| London (2) | 4November | Cavendish Conference Cenhe |
|
| Abergavenny | (2) | 11November | Gwent VTS (postponed 2021) |
| Dermoscopy for Absolute | Beginners (DFAB | )&Dermoscopy for Intermediates (DFI)2020 |
)&Dermoscopy for Intermediates (DFI)2020 |
|---|---|---|---|
| Llantrisant (DFAB) |
1 February | Royal Glamorgan Hospital |
|
| Manchester (DFAB) |
26 February | Manchester Conference |
Centre |
| High Wycombe (DFAB) | 10March | RCGP Thames Valley | |
| London (DFAB) | 24 April | Cavendish Conference |
Centre (09.07.20) |
| Liverpool (DFAB) | 29April | Crowne Plaza, Liverpool (postponed 2021) | |
| Sheffield (DFI) | 7May | Double Tree Hilton (postponed 2021) | |
| Colchester (DFAB) | 21 May | EQUIP (postponed 2021) | |
| Abergavenny (DFAB) |
17June | Gwent VTS(16.09.20) | |
| Swansea (DFAB) | 18June | RCGP SW Wales (postponed 2021) | |
| Nottingham (DFAB) |
10September | Marriott Belfry | |
| Manchester (DFI) | 24 September | Manchester Conference |
Centre |
| London (DFI) | 22 October | Cavendish Conference |
Centre |
| London (DFAB) | 18November | Cavendish Conference |
Centre |
| London (DFAB) | 25 November | Cavendish Conference |
Centre |
| London ED1 | 26 February | Hallam Conference | Centre |
|---|---|---|---|
| Milton Keynes EDI | 18March | Kents Hill Park | |
| Manchester ED1 |
24 March | Manchester Conference Centre |
|
| Nottingham ED1 |
29 April | Marriott Nottingham | Belfry |
| Leeds ED2 | 9September | Leeds Marriott | |
| London ED2 | 17September | Cavendish Conference Centre |
|
| Birmingham ED2 |
4November | Crowne Plaza City | Centre |
| Unrestricted | Unrestricted | |||||
|---|---|---|---|---|---|---|
| Total Funds | Total Funds | |||||
| Note | 2020 | 2019 | ||||
| Income and endowments | from: | |||||
| Corporate sponsorship | 316,963 | 305,769 | ||||
| Subscriptions | 25,637 | 25,727 | ||||
| Investments | 338 | 373 | ||||
| Charitable activities |
||||||
| Educational meeting |
attendance | fees | 107,119 | 272,705 | ||
| Total income | 450,057 | 604,574 | ||||
| Expenditure on: |
||||||
| Raising funds | ||||||
| Fundraising costs |
61,357 | 53,414 | ||||
| Charitable activities: | ||||||
| Educational meetings |
332,098 | 470,805 | ||||
| Total expenditure | 393,455 | 524,219 | ||||
| Net (expenditure)/income | 56,602 | 80,355 | ||||
| Resources b/fwd | 260,220 | 179,865 | ||||
| Balance as at 31October | 2020 | 316,822 | 260,220 |
| Note | 2020 | 2019 | ||
|---|---|---|---|---|
| Fixed assets | ||||
| Tangible assets | ||||
| Current assets |
||||
| Debtors | 62,530 | 76,094 | ||
| Cash and bank balances | 361,827 | 264,212 | ||
| 424,357 | 340,306 | |||
| Creditors: amounts | falling | |||
| within one year | 10 | (107,535) | (80,086) | |
| Net current assets | 316,822 | 260,220 | ||
| Net assets | 316,822 | 260,220 | ||
| Financed by: | ||||
| Unrestricted funds |
12 | 316,822 | 260,220 |
| 2020 | 2019 | ||||
|---|---|---|---|---|---|
| Cash flows from operating activities |
|||||
| Net (expenditure)/income for the year |
56,602 | 80,355 | |||
| Adjustments for: |
|||||
| Interest receivable | (338) | (3/3) | |||
| Decrease/(increase) in debtors |
13,564 | 22,743 | |||
| Increase/(decrease) in creditors |
27,449 | (7,524) | |||
| Net cash generated/(used) in operating activities |
97,277 | 95,201 | |||
| Cash flows from investing activities |
|||||
| Interest received from investments | 338 | 373 | |||
| Net cash (used in) / provided by investing |
activities | 338 | 373 | ||
| Cash flows from financing activities |
|||||
| Change in cash and cash equivalents | in the reporting | period | 97,615 | 95,574 | |
| Cash and cash equivalents at the beginning |
ofthe year | 264,212 | 168,638 | ||
| Cash and cash equivalents at the end |
ofthe year | 361,827 | 264,212 |
| 2 | Investment income |
|||||
|---|---|---|---|---|---|---|
| 2020 | 2019 | |||||
| 8 | ||||||
| Interest on cash deposits | 338 | 373 | ||||
| 3 | Costs ofgenerating | funds | ||||
| 2020 | 2019 | |||||
| 8 | ||||||
| Signature Healthcare |
- secretariat management | fee for fundraising | 47478 | 43,300 | ||
| Support costs | 13,979 | 10,114 | ||||
| 61/57 | 53,414 | |||||
| 4 | Charitable activities |
|||||
| 2020 | 2019 | |||||
| Venue costs | 46,708 | 122,155 | ||||
| Honoraria | 35,639 | 54,358 | ||||
| Other meeting related | costs | 69485 | 95,921 | |||
| Signature Healthcare | - secretariat management | fee for educational | meetings | 104,802 | 110,800 | |
| Support costs | 75,664 | 87,571 | ||||
| 332,098 | 470,805 |
| 5 | Support costs | ||||||
|---|---|---|---|---|---|---|---|
| 2020 | 2019 | ||||||
| Office expenses | 8,650 | 10,709 | |||||
| Professional fees and |
website maintenance | 1,340 | 1,400 | ||||
| Irrecoverable VAT |
18,990 | 20,647 | |||||
| Postage snd courier cost | 8,867 | 13,395 | |||||
| Travel and subsistence | 79 | ||||||
| Governance costs (see Note 6) |
51,796 | 51,455 | |||||
| 89,643 | 97,685 | ||||||
| Apportioned to: |
|||||||
| Costs ofgenerating funds |
13,979 | 10,114 | |||||
| Charitable activities |
75,664 | 87,571 | |||||
| 89,643 | 97,685 | ||||||
| Support costs include: | |||||||
| Operating leases |
3,054 | 3,054 | |||||
| 6 | Analysis ofgovernance | costs | |||||
| 2020 | 2019 | ||||||
| Independent examiners/auditors |
remuneration | is broken down as follows: | |||||
| Independent examination/audit |
ofthe financial | statements | 4,600 | 4,550 | |||
| Other governance costs include: |
|||||||
| Bookkeeping | 6,640 | 6,240 | |||||
| Accountancy | 5,425 | 5,108 | |||||
| Administrative support |
35,131 | 32,900 | |||||
| Legal tk professional | fees | 2,657 | |||||
| 51,796 | 51,455 |
| 8 | Fixed assets | Computer | software and |
|---|---|---|---|
| Office equipment | |||
| Cost | |||
| At 1 November 2019 | 9,883 | ||
| At 31October 2020 | 9,883 | ||
| Depreciation | |||
| At 1 November 2019 | 9,883 | ||
| Provided for the year | |||
| At 31 October 2020 | 9,883 | ||
| Net book value | |||
| At 31October 2020 | |||
| At 31October 2019 | |||
| 9 | Debtors | ||
| 2020 | 2019 | ||
| Trade debtors | 8,650 | 37,185 | |
| Prepayments and accrued income |
45456 | 29,175 | |
| Taxation | 8,524 | 9,734 | |
| 62,530 | 76,094 |
| Creditors: amounts | falling due within one year | ||||
| 2020 | 2019 | ||||
| Trade creditors | 25,096 | 36,266 | |||
| Other creditors | 17,195 | ||||
| Accruals | 6,700 | 6,200 | |||
| Income deferred | into | next accounting | year | 75,739 | 20,425 |
| 107,535 | 80,086 |
| 2020 | 2019 | ||||
|---|---|---|---|---|---|
| Within one year | 1,527 | 3,054 | |||
| Between two and five years | 1,527 | ||||
| 1,527 | 4,581 | ||||
| Unrestricted | funds | ||||
| Balance | |||||
| Balance | Incoming | Outgoing | 31October | ||
| b/fwd | Resources | Resources | 2020 | ||
| Unrestricted | funds | 260,220 | 450,057 | (393,455) | 316,822 |