2022-12-31-accounts

British A$S￿latiOn of (knl Sur8e<ws Charity No: 1112164 Company No." 04294946 Report and Financial Statements For the year ended 31 Oecember 2022 111 •A(CIIA3L* 21n912023 COMPANIES HOUSE

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Brltlsh As%Jclatlon of Or•1 Surgeons Report ol the Trustee5 For the Year ended 31 December 2022 The Trustees present their report with the financial statements for the company for the year ended 310ecember 2022. Reference and AdmIn￿trat￿e Details Charty Number: 1112164 Company Number.. 04294946 Registered Office: Rose Cottage. Village Road. Cadole. Mold. Flintshire. CH7 5LL Bankers.. Royal Bank of Scotland Secretary.. Adrian Thorp Trustees.. The Trustees serving during the year and since the year-end were as follows= Julie Burke (President) Adrian Thorpe (Honorary Secretsryl Rhian Jones IPresident Elertl Kelly Gill3n (Treasurer} Edmund Bailev Adrian Curt15 Judith Jones Di￿a Keshani Lee Mercer Catherine Sternberg Kathryn Taylor Gurnam Aulakh Itemiinated l January 20221 Helen Paterson Tara Renton Kandasamy Ganesan (appointed l January 20221 Callum Wemy$5 lappointed l January 20221 (terminated I january 20231 Alex Orchard lappointeij l January 20231 Paul Coulthard Iterminated 15 June 20231

BRITISH AssoaATION OF ORAL SiK¢GEONS Report of the Trustees Icontinuedl For the Year ended 31 December 2022 The Trustees of the B Titish Associathin of Oral Surgeons IBAOSI present their annual report and financial statements of the charity for the year ended 31 December 2022. The financial statements comply with the Charities and Trustee Investment Acl 2005, the Charities Accounts Regulation5 2(X)6 las amendedl, the Companies Act 2￿6, the Memorandum and Articles of Association and Accounting and Reporting by Charities- Statement of Recommended Practi applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (Charities SORP FRS102}. ObjertNes and Artivities Our purpose s to promote the advancement of education research and the development of Oral Suigery in the British Isles and to encourage and assist postgfaduate education study and research of Oral Surgery by arranging regular lectures and demonstrations. encouraging the publication of articles and prorrK)ting the advancement of theory and practice. AchSe¥ements and Perforniance 2022 showed a full return to prewous pattems of attNity following the removal of the restrirtions imposed by the Covid 19 pandemic. There was resolution of several face to face events including the annual conference. teachire and learning course and a development day for oral surgery trainees, This has resulted in an increase in expenditure compared to 2021. Online events continue to be successfully received and to make a small profrt. Overall the accounts demonstrate a healthy profit for the organisation of £24.583. There has been a change to the overall running of the society as BAOS ts now a fulty independent charity Ipreviously BAOS were invoiced by RCSEd for office spa￿, facilities. salaries, payroll and HR all of which incurred vat). This should result in an overall financial saving which will be fully demonstrated in the 2023 accounts. Flnèn¢lal Review The financial ststements follow on pages 8 to 12. These statements are prepared in terms of the Statement of Recommended Practice 2W5- Accounting and Reporting by Charities and the Companies Act 2¢K￿. Reserves Policy BAOS had free reserves at 31 December 2022 of £233.93212021'. £209.3491. The Trustees consider that the charity should hold SuffiC￿nt reserves to cover six months, running costs to cover unanticipated c05t increases or income deficiencies out wtth the normal budgetary expectations. Any excess funds will be used by Tru5tee5 to increase the profile of the Association, to carry out national audit projects to improve patient safety and quality assurance in Oral Surgery and to subsidise events with a view io increasing the Ass(Kiations membership.

BRITISH ASSOCIATION OF ORAL SURGEONS Report of the Trustees Icontinuedl For the Year ended 31 December 2022 PlonsforFuture Yeors The profit from events in 2022 was a healthy £48.337. We plan to continue with our flagship events,. the"Annual Scientrfic Conference" is scheduled for March 2024 and the Yeaching and Leamin8" course for May 2024. There are planned collaborations with other societies e.g. SAAD and BADN which are intended to re5uh in other events being held. Regional events will be lar8ety Continued online due to the good feedback from past delegates and the increased numbers of potential participants nationalty and internationally in the webinar format. A nominal charge has been implemented to members and non-members to increase the Profit from these events. The 2022 Cost of running the Oral ￿rgery Journal was £8.024. There is a plan to move the journal to being fully open access. This will be the same expenditure for the sOC￿ty, but may aker the income. This will most likely be demonstrated in the 2024 accounts. Reference and Adrninistrathie Detslls The informaiion relating to the Brit￿h Association of Oral Surgeons in contained on page l. The Trustees who ser¥ed during the year and to the date of this report are listed. Structure, Governance and Management Governing Document British Association of Oral Sur8eons is a charitable organisation and is governed by its Constitution dated 26 September 2(KJI (Revised September 20141. It is a reeistered chority with the Charf(y Commission for England and Wales. Trustee indurtion ond troining New Trustees are briefed on their legal obligations under charity law. the content of the Memorandum and Articles ot Association. the committee and decision-making processes and the recent financial performance of the chanty. Trustees are encouraged to attend appropriate external training events where these will facilrtate the undertaking of the role. orgt7nisotion The 8oard of Trustees administers the chartty and meets ￿8￿1¥[1¥ throu8hout the year.

BRtTISH AssoaATION OF ORAL SURGEONS Report of the Trustee5 Icontinuedl For the Year ended 31 December 2022 Structufe, Governance and Management l¢ontinuedl Risk Monogement The Trusiees are satisfied that the major risks to which the charity is exposed have been reviewed and procedures have been established to manage these risks. A strategy has been implemented to protert the overall balance of BAOS by transfer of balances to more than one bank. This adds more protection to funds in the case of bankruptcy. A balance of £75k now ￿$￿e5 in an additional savings account and another is being opened to enable transfer of a similar amount. We have accounted for k)oiential increased costs of running of face to face events and have implemented a small increase in ticket prices to allow for this. Investment Polity BAOS is a charitable company and there a￿ no ￿ stri¢tTrons or limiiations to the investment powers of the Trustees within the articles of assOciat￿n. An onoing review of the BAOS financial position has shown that there is consistently a 5urplu5 of funds in the charit*s current account. At this time BAOS Council feels that there should be little or no risk attached to the investment plan. This will be reviewed in the future rf extra funds become available. We have actioned sourcing of advice from an independent financial advisor to discuss the development and implementation of an ethical investment strategy. Thi5 policy will be reviewed after a further year.

BRITISH ASSOCIATION OF ORAL 5URGEON5 Report of the Trustees Icontinuedl For the Year ended 31 December 2022 ststement of Trustees, Re5poTrsibilities The Trustees of ihe 8ritish Associath)n of Oral surgeons are responsible for pieparing the Tru5tees' Report and the financial statements in accordance with applicable law and Unried Kingdom Accounting Standards (United Kingdom Generalfy Accepted Accounting Practices). Charity law requires the Trustees to prepare finanoal staiements for each fiTranckil year, which gNes a true and fair view of the state of affairs of the charitable organisat￿n and of the incoming resources and application of resources, including the income and eXpendftU￿, of the charity for that period. In preparing those financial statements. the Trustees are required to: Selert Suitab￿ accounting policies and then apply them consTrStently- Observe the methods and principles in the Charities SORP,. Make judgements and estimate5 that are reasonable and prudent- State whether applicable UK Accounting Standards have been followed. subject to any material departures disclosed and explained in the financial statements: Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charty will continue business Statement of Tru5tees' Responsibilities The Twstees are responsible for keeping proper accounting records which disclose wf(h reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements compty wrth the Statement of Recommended Practice 2C#JS- Accountin8 and Reporting by Charities and the Companies Act 2LI)6. They are also responsible for safeguarding the asset5 of the charity and hence for takin8 reasonable steps for the prevention and detettion of fraud and other ifregularities. y order of the Board Treasurer Kelly Gillan 13 September 2023

BRITISH ASSOCIATION OF ORAL SURGEONS Independent Examinerfs Report io the T￿￿ee5 For the Year ended 31 December 2022 I report on the accounts of the Charity for the year ended 31 December 2022 which are set out in the pages 8 to 12. Respertive respcwtsibilities of Trustees and exarniner The Trustees Iwho are 3150 Dirertors of the Company for the purposes of company lawl are responsible for the preparation of the accounts. The Trustees consider that an audit is not required for ihis year under section 43121 of the Charities Art 1993 Ithe 1993 Actl and that an independent examination is needed. The charitys gross income exceeded £250.¢XK) and l am qualrfied to undertake the examination by being a qualified rnernber of The Institute of Chartered Accountants of Scotland. Having satisfied myself that the charity is not Subject to audit under company law and is eligible for independent examination, it is my responsibiltty to= examine the accounts under Section 43 of the 1993 Act: to follow the procedure5 laid down in the General Direction5 given by the Charity Commission under section 4317llbl of the 1993 Act- and to state whether particular matter5 have come to my attention. Basis of independent examinerfs statement My examination is carried out in accordance with the General Directions given by the Charrty Commission Regulations 2006. An examination includes a review of the accounting retords kept by the charity and a comparison of the accounts presented wtth those ￿cOrdS. It also includes Consideration of any unusual iterns or disclosures in the accounts and seeks explanation5 from the Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a'true and fair view, and the report is limited to those matters set OLrt in the Statement below. Independent ewamlnerfs statement In the course of my examination. no matter has come to my attention 111 which gives me reasonable cause to believe that in any material respect the requirements.. to keep accounting records in accordance with Section 386 of the Cornpanies Act 2006 and. to prepare accounts with accord the accounting records and comply with the accounting requirements of Section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recomrnended Prartice= Accounting and Reporting by Charities have noi been met, or 121 to which, in my opinion. attention should be drawn in order to enable a proFer understanding of the attounts to be reached. Andrew Duffin- Chartered Accountant M 17162 68 South Trinity Road Edinburgh

BRITISH ASSOCIATION OF ORAL st￿E0Ns Statement of Fln•n¢lal A¢tl¥llles Ilncorporating Income and Expendr(ure Account) For the year ended 31 Oecember 2022 Notes Vnrestrlcted T¢)tal Funds 2021 Total 2021 Income and endowments Charitable actwrties Investments Total 324.021 92 324,114 324.021 92 324,114 123.269 123,309 Expenditure Charitable activities Total 299.531 299.531 299.531 299.531 166.513 166.513 Net rnovernent In fund5 24.583 24.583 143.2041 Reconuliation of funds Total funds brought fO￿ard Total funds cairied forward 209.349 233.932 209.349 233.932 255.553 209.349 The results Set out in the income and e¥penditure account above derr4e wholty from the continuing operations of the company. All of the activities listed within 2022 olated wholty to the unrestricted fund.

BRITISH ASSOCIATION OF ORAL SURGEONS Balance Sheet As at 31 December 2022 Notes 2022 2021 Current Assets Debtor5'. amounts falling due within one year Cash at bank and in hand 1.620 235.462 235.462 1.626 210.787 212,413 Current Liabilities Creditor5- amounts falling due within one year 3.ISO Net Current Assets 233,932 209,349 Total Assets less Current Liabilities 233.932 209.349 Capital and Reserves Unrestricted Fund 233,932 209,349 Total Funds 233,932 209,349 The Company is entitled to exemption for audit under section 477 of the Companies Act 2006 for the year ended 31 December 2022. The members have not required the Cornpany to obtain an audrt of its financial statements for the year ended 31 December 2022 in accordance with section 476 of the Companies Act 2006. The Trustees acknowledge their responsibilities for: lal ensuring that the Company keep a¢countin8 records which comply with Sertions 386 and 387 of the Companies Act 2Th)6.. and Ibl preparing financial statements which give a true and fair view of the stale of affairs of the Company as at the end of each financial year and of its proftt and 1055 for each financial year in accordance with the requirements of Sections 394 and 395 and which othenwise comply with the requirements of the Companies Act 2￿6 relating to the financial statements. $0 far as acceptable to the Company. These accounts have been prepared in accordance with the provis￿}￿S applicable to small companies subject to the Small Companies Regime and in accordance with FRS102 SORP. The fit)ancial statements were approved by the Board of Directors on13 September 2023 and were signed on its behaw by: Treasurer Kelly Gillan

BRITISH AS%)aATION OF ORAL SURGEONS Notes to the Flnan¢lal Ststements For the year ended 31 Oecember 2022 l. Legal Status The Company is limited by guarantee and does not have share Capital. According to the Memorandum of Association of the Company. every member undertakes to contribute io the assets of the Company in the event of its being wound up while they are member, such amount as to be required and not exceeding £1. 2. Accountin8 Polldes a) Basis of Accountin8 The financial statements are prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their account5 in accordance with the Financial Reporting Standard applicable in the UK and Republtc of Ireland (Charities SORP FRS1021 leffective l January 20151. the Financial Reporting Standard applTrcable In the UK and Republic of IrelarKI IFRS1021 and Companies Act 2006. Assets and liabilit￿9 a￿ inrtially recognised at historical cost or tranSact￿n value unless otherwise Stated in the relevant poly note. b) Income Subscriptions and all other income are stated at the amounts receivable in the year. cl Expendlture All expenditure is included on an accruals basis and has been directly attributed to one of the financial categories of resources expended in the Income and Expenditure Account and Statement of Financial Activities. The expenditu￿ also includes irrecoverable VAT. d) Debtors Trade and oiher debtors are recognised at the settlement amount due after any discount offered. Prepayments are valued at the amount prepaid net of any discounts due. e) Credttors provisi¢ns Creditors and provisions are recognised where the Charity has è present obligation resulting from a Past event that will likely result in the transfer of funds to a third p•rty and the amount due to settle the obligation can be measured OT estimated reliably. Creditors and provisions are normalty recognised at their settlement amount after allowing for any discounts due. io

BRITISH ASSOCIAnoN OF ORAL SURGEONS Notes io ihe Finandal Statements Icontinuedl For the year ended 31 December 2022 Z. Accountlng Pollcies Icontinuedl fj Taxation No provision for corF)oration tax is necessary a5 the company has charitable status and does not trade. The company suffers input VAT on some of its expenditure which is does not recover. 3. Income from tharitable arti¥its 2022 2021 Unrestricted Fund Membership Conferences and courses Journal and video income Other income 129,130 184.225 9.476 1.190 324,021 108,354 4.640 9,220 1,054 123.269 4. Investments 2022 20ZI Bank Interest 92 S. Charitable activities 2022 2021 Unrestrirted Fund Conferentes and courses Council Meetings Staff costs Oral Surgery Journal Facility costs Professional and legal services Website Computer systems General expenses Bank Charge5 Membership refunds 135,888 6,726 29,831 17.5 83,734 7.148 2.328 1.092 6.615 1.981 2,690 299,531 9.025 17,500 121,578 3,391 2.892 2.220 925 1,442 1,718 166,513 li

BRinsH ASSOCIATION OF ORAL SURGEONS Notes to the Financial Statements I￿ntInued) For the year ended 31 December 2022 6. Debtors 2022 2021 Conference deposits Prepayments 1.620 1,242 1.620 1.626 7. Creditor5 2022 2021 Accruals 3,150 3,150 3,064 3,064 8. Statement of Funds At 31 December 2021 Incomlng Resources Resources Expended At 31 December 2022 Unrestricted Fund Total 209.349 209,349 324.114 324,114 1299,5311 1299,5311 233,932 233.932 The Unrestricted Fund represents the funds which the company is free to use in accordance wf(h its charitable activities. 12