ANNUAL REPORT Nallonal Examlnlng Board for Denlal Nwse& CONTENTS NEBDN Annual I Contents Chair's Welcome CEO Introduction Mission and Impact Highlight5 from 2022123 NEBDN activities. achievemenls and performance in 2022123 Examinalion Delivery Qualifications Information Management Regulation People Engagement Our ambitions for 2022123 Examinolion delivery Qualifications Informalion Management Regulation People & Culture Slaff Structure io 13 20 21 22 23 24 Engagement Financial Review 25 26 Finance and business review from 2022123 Govemance 27 28 The work of the Board Committees 29 statement of Tnjstees Responsibilities Independent Auditor's Report 30 IÉÈON 15 TCitte* in &'llokn I T12I11. vjith Ih•cKfic• NEBDN Annual Report 2022-23 I Chair's Welcome "Il Is an honovrto slep Inlo Ihe role of Chair of NEBDN followlng many year5 of excelent. dedlcated sleward5hip from past colleogues. As NEBDN approaches 11$ 801h anniversary. I am mlndlul of 115 hurnble oiigin5 in the Norfh- West of England. arfslng oul ofthe ho￿ wo and dedlcation ot lellow Denllst Dr. Phllfp Grundy and Dental Nvrse •Aadelelne Wlnter. As a Dentl$l and doctor myself. bom ttnd ialsed In the N¢Jrth-West. l am proud to honour ond support the legacythey left behlnd. The mlsslon of NEBDN remakns Ihe same loday as11 dtd In 1940. to provlde quaffflcalions to enhance Iwelong career development lor Dental Nuises. and so our work contlnue5." Over the losl 12 monlhs NEBDN hos continued lo work loward ils strotegic oims with many successes tsk)ng the w(Ty. You wll reod obout these in the following report ond you might refiecl on how gn¥ficanl Ihese ore for an organi5alion ol ils ze ond reSOLffce. McKe Ile￿￿le working lor Staff, improved. secure tt inlrosliuclure ond a cvllure of respecl and occounlability have conlribuled ot all levels. NEBDN ￿ 5UPPOrted by on Incredib￿ diverse Booid ol Trustees who conlinue lo sleer. challenge ond offer their unique induslry-insigh15. Thi5 year we sadly sold goodbye lo Soroh Young and Jur Frew. but l am boking forward lo o robust roun ol recrvilmenl lo find other semess and skilled professionots whose gools ore ofMJned with OL own. NEBDN continues to stone strong ond brave￿ look to the future desplte ongoing chollenges and economic uncertainties ar￿1n9 from a pondemic, pofilical unrest and increasing hea1thcore inequofilies in the UK. Thi5 15 the result ol strong Vision. leodw5hip and hord wort trom our Board and all of the Sloff and supporters ol NEBDN. My sincere grolitude goes out lo all who have given Iheir time ond suppcKI in pu15UIt ol our ￿ll5s1O￿, I look forward to working. lislening, and learning along4de you. Our current strategic aims ore: To becorne on Ofqual reguloled Awording Organisolion ond be recognised os an End-Poinl Assessmenl Organisalion IEPAOI. To develop ond deliver o Denlol Nurse Appienliceship, which 15 deper)denl on Ofqud recognition. To review our existing qvolficotion5 to enwre Ihey ore fil lor purpose ond (we ofigned wTth Ihe changing dentol landscope. To enhance our quofity ond related ￿0CeSses. which will ensure our qualifications are developed and delivered lo the highest standards James Ashworth-HoMand Chair ol the Board of Truslees NEBDN Annual Report 2022-23 I CEO Introduction We wil continue lo reV￿w. develop ond implement imwovemerb15 lo SUPPK)rl retention within the rmolesyon and ensure thot quolificotions provide a high stond(yd ol quality 055urance, oller occessilility ond iemoin oppropriole lor Ihe needs ol Ihe FKolewon. None ol this is mode possible wthout the hard work and dedicolK)n from the NEBDN Teom hove continued lo devote Ihe¥ skn11s. passi(*i and drive lo octrlle￿ng goob. With a Ihwd ol the Team being b(Jsed in various locotions oround the UK Iht5 ¢5 leslament lo ther otilty to collatK)rate ond engoge in o modern working envtronmenl. Heading Into my flflh year wlth NEBDN I can'l express enough how very provd I am of all that we have achieved os an organisatlon. The pasl year has seen further progress across our strateglc priorilies Wth improvements in Ihe service$ we dellver. how we deliver them and the way we engoge os a business both Internally and extemally. On behalf ol Ihe Team, we musl soy o huge Thank you lo our extended NEBDN family ol Assooole Exominers. Subiecl Motter Experts ISMESI, Commillee Members, Chief Exlerml Examiners. Advisus ond Trustees. many of whom provide their lime on a volunlory bosis lo ensure Dental Nurses receNe the highesl standards ol training and (Jssessment. Strglegic pnoiilie% Qvolficalivn5, thjamy. Engagement We are lortvnale lo have lh￿ lanl051ic extensive support trom ocr055 the prole55ion and 05 we heod lowords oureA)Ih onnivers(Yy we look forwaid to celet¥aling thi5 mI￿10￿e ond onolhei exciting yeor. you dl. Achieving Olqual recognition as on Aworrfing Organ￿otiOn ol the end of January was a significant step forward in our plans lo incieose Ihe benefil of on NEBDN quoKficotion for Dentol Nurses. We Temoin committed lo the next step of regstering 0$ an EPAO and worknng with ProMder5 to offer an NEBDN Dentol Nurse Apprenticeship in the coming yeor. Kale Kerslake Chiel Executive Officer ICEOI 11 hos been rectssuring Ihol regisfrolions across the NEBDN suite ol quafificalions hove remoined strong throughoul the yeor. bul we remain Imire thal Ihe impoct ol the economy and resulling cholenges thol exist across Iho dental profession are having an ellecl on Denlal Nuise training and career opportunitie5. NEBDN Annual Report 2022-23 To provide qualifications to enhance Ilfelong career developmenl for denlal nutses OUR IthlSSION To be the leadlng provider of quaffficalion5 in denlal nurse educotlon and development enabling excellence in pracllce. OUR VISION To be: Fair Professional Collaboralive Innovalive Incluslve OUR VALUES l Mission and Impact We achieve mission by providing higwuafity quolificalions lor Dental N￿￿e$- NEBDN 15 Ihe onty Awording Organisalion dedicoted lo Dentol Nursing wlh eight quolificotions lo otter. We enwre that those who gain an NEBDN qualification equipped wlh the rdevonl sklls. ￿n0￿edge and understanding to provide excel￿nI care fcx their patien15 and prof￿10￿01 SUPF)Ort for other members ol the dental leom. We are suppcxted by o network of Associate Examiner5 ond SMES who are experienced prockntioners in dental core. They help us lo ensure that Ihe design ol our ossessmenls is focused on the needs ol patients and oiganisotions providing dental core SerV￿e$. NEBDN Annuol Report 2022-23 l Highlights from 2022/23 The key area5 lor development lor NEBDN include o focu5 on ochieving recognition by Ofqual and becoming on EPAO. The General Dentol Council IGDCI olso begon their Qvolity Assuionce inspection process wlh us in Februoy 2023. AddIt￿nallY. the development of an NE8DN Dental Nurse Apprenticeship and the ieview and regulalion ol ovr eyisling suite of quolificotions were also considwed wiorities in order to respond lo the chonging educotionol landscope. These projects wll run conoJtTently with ixJ5iness 05 usuol OF)erotionolly and financially, whilst mainlaining exislng high slondord5 of quality assurance. NEBDN Annual Report 2022-23 National Diploma in Dental Nursing NEBDN'S Notionol Dipbrno in Dentol N￿SIng recognised by the GDC as meeting Ihewslondords fcy Educolion. and opprowolely preparing Leamers for rxofessionol practice. This means thot those who achieve NEBDN'S Nalionol Diploma con apply lo join Ihe GOC register as a heolthcore professional. We loke our responsibility 3ellou5W to ensure Ihol the individu015 to whom we owclrd the Nationol Dip1omo possess the knO￿edge. skills ond competency to be registered 05 50fe praclifioners. y upholding these stand(Yds. we conlribule lo mainloining cjnd enhoncing potient solety and care. NEBDN'S National Diploma i5 0 quafthcation naliona5ty recognised by emtAoyer5 arbd industry experts olike. and we continued in 2022123 10 succes51ulty de￿Ver all of tyJr 055e55men15 onfine. Exam Numbers 2022123 Apfil wiitten June OCSE 1170 910 Inereose" 10 increu5P" November wrfllen JOnL￿ry OSCE 1616 1439 49% Incre(Jse" 65% Ineiease. Yn ¢tyMputs¢Jn 102021122exgm nutnbWS. Ilwe take our responsibility seriously to ensure that the individuals to whom we award the National Diploma possess the knowledge, skills and competency to be registered as safe beginner&" Post-Registration qualifications NEBDN hos worked wth expert Proctillon￿. Dental Nurses. Dent￿ts. olher Membe￿ of the denlol team ond indvstry experts lo Set slondards and requiremenls for Post- Registration traning ond qvoltficotions. NEBDN is proud lo offer seven quafificoti￿5 to enhance Dental NLrse educotion ond careers. Exam Numbers 2022123 March Septernber 458 542 461. Increase ?3￿ Increas2" 'Incomw￿tO 3￿112? ewm nwnL)ets. NEBDN Annual Report 2022-23 NEBDN activities, achievements and performance in 2022/23 NEBDN Annual Report 2022-23- l Examination Delivery Due lo o post-pandemic increase in the number ol new Learner regi%lialion5, and o high volume of deleffals from 2020 ond 2021, we experienced the highest numbers ol Leomers yet to go IhTough oui online examinolions since their inceplion in 2020. These exominallons were 5UPPOrted by our network of Associotes. including OLV Examiners. SMES. Presiding Exominers and Committee Member5. We were delighted lo support so rrKJny new rogistronts and 0$$￿1 e￿StIng iegi51ronts in their coreerdevelopmenl. We worked ak)ng5ide our onfine portfolio suppfieFS lo improve fvnclionafity and reporting for Provider5. who are now obte to upload their own leotning molerials ond use it ￿ o Learning Monogement System ILMSI. This benefits bolh our Prowder5 and Leomer5 05 il will allow a secure environment to upload ctssignmen15. re50urce5 ond leaching mole￿15. crealing a cu51omised leorning experience. ffte sy51em a150 luclilale5 distoncel online leawning. all0￿7ng flexible leoming around w(xking in praclice. As parl ol the ongoing wort wth Providers and Leaine15. there wa5 0 focus in 2022123 on prolessionafism in both Dental Nurse exominotiOfLS and iri Iheir coreers. We worked with the GDC guideline5 to provide Leomer infomation. advice ond guidance on best pract￿e ond conduct when representing the profe￿On.T￿￿ use of advonced inwgilalion Sof￿are and physical analysis proiided oddilionol 055uionce Ihol Denlol Nurse5 achieving on NEBDN qvofificolion ore conducting Ihemselves prole551onolly. The CEO and Engagement Manoger allended o GDC workshop in March on prole55iofK]f15m. ond subsequently incorwroled the princiFYes discussed into NEBDN'S communicolion with slokeholders. nolly. we achieved o first for NEBDN which wos lo provide ely £998.234. At the end of the year, total Reseryes were £1.734.300. of which free reseNes Igenerol unreslricted reserves less ffixed asselsl amount to £1.605.812. The income that hos been ollocaled lo Fets￿￿]ry. la non-examinotion monthl. is money wevK)vsty held in the balance sheet lor Leamers who have withdrown from their COLwse bJt w05 held due to the uncertoin employment ond slv(tying climate over the last tew years. In these circurrL8tanc Leamer5 returned lo their studies. The current Iiend is that 20% 01 wlhdrawn Lecmer5 rehJm lo their course. therefore we hove rele05ed 80% ol the money held in Ihe bolonce sheel. further improving our income for 22123. NEBDN Annual Report 2022-23 26 l Governance NEBDN [5 0 registered charny and registered company. Our purpose. aclivilie5. powers ond obligolions are set oul in our Articles ol Assoclation. for a Ihretryear term which can be renewed for an addilionol leirn ol Ihiee yeor5 wlh the consenl of the Boord. All Trvslees ieceive a comprehensive indLsclion. annval QPFxoisoI. ond development plon. Our Board con5isls of clinical IDen115t5. Dentd Nurse5 or olher denlol prOfe￿onal$l ond kjy Truslees Inon-denlal experiencel. NE8DN oppoinled Jomes Ashworlh-Hollond os Choir in October 2022. Jomes 15 0 clinicol Chair end h05 The work of Ihe Board We hove lowteen Trustees on Ihe Boord who provide a mixlure ol clinical. educalionol. finonciol and legol expertise. There hove been five full Board meelings during the year. A5 well 05 discharging their general ond legal responsrbilities in terms ol governonce ond business oversight. the Trustees hove atso Fwovided vilol support. chollenge and expertise on the projects NEBDN hos underlaken during the year. This yeor NEBDN continued wlh online Boaid and Committee been on the Boord since 2018 serving 05 Choir ol the Finonce and Business Efleclivenes5 Committee IFBECI. ond Wice-Ch(ii of the Board before his appoinlmenl. Each Tnjsteo is o memberof one of Boord. Committees or supports on 0 Specific project. In addition, Tru51ees take lead responsibli ity for portioJlar lopics- lor example- Governoncè, Regutolion. Hedlh and 5ofety, Humon Resources, In5vronce ond Investments. meetings, wilh a loce-to-foce Annval Geneial Meeting in October 2022. Our policy for the recruilment. seleclion. development, opprosol ond lem ol TnJslees gives Stnjclvre lor the Board's aclivilies lo ensure Ihol our practice is consistent wilh legislolion. good human resources practice and guidonce issued by the Charities Commission. Trustees ore appointed Under our cvThent rvles. Twslees can serve lor a maximum ol six yeor5. and exceptionolw seven years. Durlng the year, the Twslees wwe: JaTne5 Ashworth-Holland- Clinical (Chttii- tsppoknled Odob¢r2tr24 Louise Beffiekl- c￿nICal Rebecca Cox- cfinical Faizol E$5Qt- L(ry Paul Griffith- Loy Gill Jone5- cfinicol Jone Kilgannon- L(ry Sarah Young (pre￿OU$ Choir) - Lay IEnd of Tem October 20221 Julia Frew- Lay (End of Term October 2tr221 Slephen Cl¢yk- Loy Julle Syrom- cfinical stephen D'Souzo- Clinicol Kothryn Dvfty- Loy Ulr)ee Dorbar- Clnical NEBDN Annual Report 2022-23 27 l The work of the Board Committees Educ(rtlon ¢md Stondoids Commiltee Flnance and 8uslness Effectfveness Commlttee NEBDN'S Education and Stondords Commitlee IESCI h05 the leod reSp0￿￿111ty lo set and uphold standards ond quolity in NEBDN'S Pre- ond Pos*-Regi5fralion leoming pfogfammes orKI quafificolions, lo enS￿e Ihal they meet the needs of Denlol Nurses, other dentol prolessionats and the￿ employers ond Providers. Our nevdy lormed Curriculum Sleering Committee ond Ralsficolion Commillee report lo ESC. The Finonce and Business Elfecliveness Committee IFBECI ossisls the Booid in dischorging ils legal respon9b1￿11es respect lo Ihg financiol ond odministtalive conlrd ol the orgonisation and ensures Ihot the finoncial, human and lechnical resources of the organisalFon ore manoged in an efteclive and elfioenl manner. Govemance Cornmlllee FooTilaling the elfecliveness of the Boord as the Twstee body lincluding recruiting. developing and oppraising Trustees) FaoFloting the effectiveness of the organi5ation by overseeing the recruitment. developrnenl. monogement. and apFxoisoI o151afl and voILJnleer5 The Governance Committee ossÉsts the Board in providing Strong leode￿hlp. enhanang Boord deci%on making and demonstroting occountability. Thi5 enobles the Board to carry oul ils due diligence function, helps to ensure that the choritoble aims and objective5 of the organisation are Met. and ensures Ihot the orgonisothon deliv￿5 public benefil. Tr)e Governance Commillee doe5 this by.. Enstjring that the orgoni501ion fvlfils 115 legol. ethical. and functionol resportsibilllps and Overseeing the development, implemenlolion and review of policies and procedures. NEBDN Annual Reporl 2022-23 28 statement of Trustees Responsibilities The charity Trustees. who are oLso Directors ol the chority for the purposes of the Componie5 Act 2(X)6. submit their Annuol Report ond the aijdiled statements lor the period ended 28 February 2023. The Trustees hove adopted the prow5ion5 of Accovnling ond Reporting by Charitie5 "Slolemenl ol Recommended Proclice applicable to charitie5 prepollng Iheir occounts in accordance with the Finoncial Reporttng slondard, applicable in the UK ond Repvbfic of Irelond IFRS 1021 ettectiye l Jonvary 2015. ComF)ony law require5 the T￿stee5 to prep(re finoncial statements tor eoch finoncial year which give o true and lair view ol the slote of offoiTS of the choritoble company ond of the incoming resources ond opplicalion ol resources, including the income ond expenditure of the ch(￿lable compony lor thal perlod. In preporing Ihose finonciol slolemenls, the Trustees ore required lo.. Select suiloble accounting poficies ond then opply them consillentty Observe Ihe methods ond ¥inciples in the Chorily Slolemenl ol Recommended Practice ISORPI Make judgements ond eslimole5 Ihol ore ie050nolJe ond piudenl ond Prepare fhe financiol slolements on o 'going concem. bosis unles5 il is inoppropriale lo presume Ihat the chorilable company v￿1 continue in business. The 8oord hos responybilily l(x the compony's achvilies ond exercises ils powers through the CEO. The Board h05 the ultimate re5ponsibifity for directing the affair5 of NEBDN, ond 15 responsible for ensuring that il is solvenl, well-run. and deliver5 the chCYEtob￿ cAJtcomes lorwhich it hos been sel up. Tr)e Board (s pivolol in shoping the organisolion. providing a strategic steer. arid in challenging and supporting Ihe orgonisotion's work in ensuring high 51andords ol edvcotion and Iroining. Bankers= Solicilors: Avditors: 36 Sl Andrew Squafe. E(finburgh. United Kingdom. EH2 2Y Biabnet5 LLP. Horlon House. Exchonge Hag5. ￿ve[pOoj. Mer5ey5ide L2 3YL. McLintocks INWI Limited. 46 Hamlton Squore, B Thkenhead, Wirral, Metseysiée CH41 SAR. nney Inveslmenl Monogemenl Services Ltd. Royol LNer Building, Pier Head. Liverpool. L3 1 NY. Inv•slm•nl Advisè Dlsclosvre ol Inlormollon to Audlt The Tru5tee5 confirmed thol there is no information of vthich they ale ow(xe which is relevanl to the audit, but of ￿lch the oudilor is vn(Jwore. They have furthei confirmed that Ihey have taken apwopriale steps to identify svch re￿VOn1 inlormalion ond lo eslablsh that Ihe Audiloi is ow¢ye ol such information. The Truslees. report was approved by the Board of TrU￿ee$ on 19 Seplembef 2023. James Ashworlh-HoUand Choir of Ihe Boord of TIu51ees NEBDN Annual Report 2022-23 29 *7.? Independent Auditor's Report port 2022-23 NATIONAL EXAMINING BOARD FOR DENTAL NURSES INDEPENDENT AUDITOR'S REPORT TO THE MEMBERSAND TRUSTEES OF NATIONAL EXAMINING BOARD FOR DENTAL NURSES o￿nIon We have audiled the financial stalefflen15 Of Nat￿n￿l Examining Board For Dental Nurses (the 'charity'l for the year ended 28 Febnjary 2023 which cornprise the statement ol finanGwI aGti¥ities. the balan￿ sheet. the ststemenl ol cash flows and notes to the financial statements, Induding signifi12nt a￿untIng policies. The financial reporb.ng framewort that has been applied in their preparation is applicable law and Unrted Kingdom A￿oUntIng Slandards, induding Financtal Reporting Standard 102 The Financial Reportiro Standard apWicable in the UK and RepubliG or Ireland (United Kingdorn Gener81ty Ae(£pted Ac(x)ur7tiThJ Prad**). In our opinion. the financkil statements.. give a trué and fair vfew of Ihe state of chantable companvs affairs as at 28 February 2023 and of its incoming resources and appl￿110￿ of resowces. 115 income arKJ eX￿ndrtUre. foT the year Ihen ended", have been woperly prepar&1 in accordarKe with United lfjngd(wn Generally A(Eepled A￿U￿ting pract[￿." and have been wepared in a(£ordance with the reqU1￿ments of the Comt)anies Act 20C6. Ihe Charits'es and Trust88 Investmenl Iscouondl Ad 2005 orld regulation B of thè Ch*tbes Acts)unts (stt)￿and) RÈgulalOons 20(￿ (as arnended). Ba$1$ for opinion We conducted our in a(x>)rdan(* wilh Int￿national StaTMlarts on Aud￿ftg {UK) (ISAS lu￿) and applicable law. Our responsibilits.es under those stsndards are furth8r described in the Auditols rssponsNbilitN•s for the audit of the finan￿al statenRnls section of our rewrt. We are independent of the tharity in a(widantE with the eth￿1 requiremenis that are relevant lo ￿Jr audrt of the financAal stalemenls in the UK. indudirrfJ the FRC's Eth￿al Stsndard, and we have fulfil]ed our other ethi￿ reSpon￿bil￿Oes in accordance with these requirements. We bel*ve that the audit evidènce we have obtained is suffiaent and appropriate to prowde a basis for our opinion. Conclusions relating to going concern In auditing the financial slatemenls, we have concluded that Trustees, use of tt)e going ¢fjn￿m basis ol 8ccounting in th8 preparation of the fw)anaal statements ts appropriate. Based on Ihe work we have perfotrne(l. we haknE not idefitified any maierial un￿rtaInl￿S relating to events or o)ndits"Dn5 thal, indivNlualty or Gollethvdy, may Gast signifioznt doubt ￿ lh¢ d)atity'$ a￿lIty to continue as a goin9 concem for o period of al least months froffl when the finantaJ statements are authorised for issue. Our responsibililies ané the responsibilit*s of ts TrLtslees with respect to going corttm are described in the relevant sections of this iepotL Othèr inlornMtion The other informalion o)mprises the Inf￿rnal￿)n included in Ihe annual iewmt othe¥ than the finan021 statements and our audilorfs report thereon. The Truslees are responSi￿e lor the other ￿forTr$atr.0n ￿ntained Tmthin the anrnual ieport. Our opinioll on th* finanoal statements does nol cover the other informa￿On and, except to extent otherwise expliciuy Slated in Dur report. we do noi express any forni of assurancB Co￿lUsiOn thereon. OLsr responsibilily is to read the other informalion and, in doing so. consider whether the other infortnation is rnateiially inconsistent with the financial 5tatement5 or our thowledge obtsir*d in the course of the auL1it. or othe￿Ise appears lo be m8terialW misstated. If we identsfy such rnalerial inconsistenc￿S or apparent material rnisslalemenls, we are requirad tts dèl8rmiftè whether this 9Nès rise to a rnaterial misslaternent in the finanaol statements themselves. If, based on Ihe work we have perfoirlled. wè condude thal thefe is a Mat￿31 misslaleft￿nt of this other information, we are required to ￿pOrt that fact. Wé ha￿ nothing to reF￿rt in this regard. NEBDN Annval Report 2022-23 31 NATIONAL EXAMINING BOARD FOR DENTAL NURSES INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS AND TRUSTEES OF NATIONAL EXAMINING BOARD FOR DENTAL NURSES Opinions on other rnattgrs pre$crib8d by thè Compani•s Act 2006 In oui opinion. based on the vnrk undertaken In the course of c￿[ audtt.. the inlomiation given in Ihe TvJstees' report for the finanaal year for whKh the finanual statements 81e prepared, whith indud@s Ihe direciors. repjrt prepared for the purF¥)ses of comparry law. is ￿nSiStent vthh the financial statements." and the directors, report included within the Truslees. report has been prep8red in a¢rx)rdarKe with applieAble ￿931 requirements. Mattors on which we ar9 rgquired to report by èxeèption In the light of the knowledge and L5néefstanding of the ¢harty and its eMronment obtained in the course of the audit. we have nol identified malerial misstatements in Ihe director5. report In￿l￿ed within the Tru51ees' repotL We have nolhirvJ to ieF)Qrt in rw)gcl of Ihè following matters i) rèLatv)n to whmth tho Companies Ad 2¢X6 aThY the Charits'es Accounts (Scollandl Regulation5 20(￿ {as arnended) require ￿ to TetM)rt 10 you if. in our opinion= 2dequate and woper ac£ounting records have not been kept, or retums a(lequate for our audr( have not been received from branches not visited by u5." or the financral statements a￿ not in a9r&ment wrth Ihè ac¢ounliThJ records and rèturns", or certain di%losures of trustee5' rprnunetabon Spe9fi￿ by l• are not made; or we have not receNed all thè infomiation and expLgnations we require for our audit,. or the Trustees were nol entiiled to prepare the finanoal stalements in attordance with the small companies regime and take advantage of the small 0)Mpan￿$. exempbons in preparing the Truslees, report and frotn the requirement to prepare a strategic report R96￿nsibIl[ts9$ of Trust88s As explained more fulty in the statemenl olTTUStees' reSF4)nsi￿ll1ies. the Trustees. who ale dso Ihe directors of tho charity for thè purpose ol company law, are Esponsible for the preparation of the financial statements and for being satisfied that they give a true and fair wew. and for such inte￿1 conirol as the Tnjslees determine is necessary to enable the prepar8lw)n of finanoal stslements that a￿ free from material rnisststement. whether due to fraud or error. In pr8paring the finanaal statements. the Tw5tees are iesponsible for 8ssèssiw the eharity's ability to continue as a going concem, disclo￿ng, as appl1l3b￿, matters related to going ¢x)ncern and using thè going concern basis of ￿GOUnting unle55 Ihe Trustees eithef inten¢J to liquwjate char51able company or to cease opeTrtr"ons, or have no re81i%lic athma)"ve bui to do so. Auditorfs responsibilitiès for th8 audit of the financial statements We have been appointed as audiéor under section 4411)Icl of the Charities and Trustee Investment IScDllandl Act 2005 and under the Companies Ad 20(￿ and ￿port in acoxdance with the Acls and relevanl regulations rnade or having effed Ihereur¢der. Our ¢bjectives are tts obtain reasonable assurance abc¥Jt whether the finanaal slatements as a vthole are free from material misslalement. whether ¢Jue lo fraud or error. arnl tr¥ issue an aLTdito¢s rewrt that includes our opinion. Reasonable assurance is a high level of a5suran¢e but is not 8 guarÈntèè that an audrt cx)ndueted In accordanc8 with ISAS (UK) will always deleci a material misslatement Wh￿ tl exists. Misslaieménts c2n srisè from fraud or eiiur and are rx)n5lllered mateik?l il. indiwdually or in the aggregale. Ihey could ¥easonably be expected to influence tt* econom￿ dec4sions of users tsken M the basis ofthese financial st*ments. The extenl to which our procedures are capable ol delecling iwutaiities. indudin9 fraud. is detsiled below. NEBDN Annual Report 2022-23 32 NATIONAL EXAMINING BOARD FOR DENTAL NURSES INDEPENDENT AUDITOR'S REPORT {CONTINUED) TO THE MEMBERS AND TRUSTEES OF NATIONAL EXAMINING BOARD FOR DENTAL NURSES Extent to which the audit was considered capable of detecting irregularities. Including fraud Our approach lo Kjentrfying and assessing the risks of materrdl misslalement in ￿specI of iriegularities, inrjuding fraud and non-compliance wth laws and regLFktK*ns. was as follows.. the engagerrent pariner ensured thal the engagew*nl leam collectively had the appropriale cLNnpeIe￿e. capabilities and skills lo identfy or re£xJgHise non-wmkliance with appliGable law5 and regulation5.' we identrfied the lays and regulab.ons appli(3ble lo the ¢hanty through discussions WTttt Iruslees and other management. and from our knowledgè and expellen￿ of chaity seL#or. we focused on Specif￿ laws and iegulatM)ns whid) Wè ttJnshlÈred may have È direct matertal effect on the finanryal slalemerkls or the operalion5 of the chaiity, including the Comp2nies A(A 2￿8. Chaiities Act 2011. 8ts protection. anti-bribery. and employment legislation., WÈ assesséd the ￿ent of cofftpliance with the ￿w$ and reguLgtions identified aL￿va thmu9h makÈng enquil￿S of managemenl leam and inspecbng legal rX)r[eSp￿derth.. and Klenlrfied laws and regulations were communicated wrthin the aLpJil team tegulatty and the team remained alert io instances of non- oJmp&'ance throughout the a￿art. We assessed the susctptibilty of the thatys financ￿1 statements lo malerial misstatement, indudiTrJ obtaining an underslandsng of how fraud might c*xur, by: making enquiries of managemenl lèam as to wf*rè thèy 0)n￿da￿d the￿ was Susceptibility to Iraud. their knowledge Dfadual, suspe(tsd and alleged fraud.. and sidwing the intemal controls in place to mrtigale rtsks of fraud aThJ non-complian￿ wrfh laws and regulations. To address the risk of fraLk1 through management bias arKI overrKle of u)nlro15. we.. performed analW￿al pr￿edUreS to identify any unu￿al or urwecaed relal4)nships: tested Journal entrse5 to identify Unusu￿ transactions: assessed whether judgements and assumpbons made in detemininy Ihtt accounting eslimales were indicative of potential bh8s," and invesb"gated the rab"onale behind signffi&Ant or LMUsu￿ transactk)ns. In response to the risk of iThegularities and ￿n-COmplia￿e wilh Ixws and regulatiMs. we designe(I proGe(Jures which irKluded. bul were not limiw to". agreeing finarnryal 5tsternenl disdosures lo vndertyir>g supfjorting documentatKn', enquiring of management as lo actual and potential liligation and cLaims". and reviewing coThesponderKe wrth rdelrdnt regulators. The￿ are Inhe￿nI limilati¢)ns in our audrt procedures described thve. The more removed thal laws and regulations are from financjal lranwl￿ns. the less likety rf is that we would become aware of non-compli8nce. Auditing standards also limit the audit prctedures requir￿ to identify nor￿coMpli8[￿￿ with laws 8nd regul8tions to enquiry of the diredors and other mana9emènt and the inspedion of regulatory and legal ￿rrespOnde￿Ce. rf any_ Material tnisslalemenls that arise due to fraLMJ can be harder to delect than Ih)se that arise from e￿or as they may inV￿Ve deliberate cOn￿alment or wlluwon. A further tJa$¢llptK¥n of our iespon5ibtlib.es is available on the Financial Rewrb'ng Counal's website at https'.11 www.frc org.uklauditorsresponybi1rtse5. This descripbon forrns part of our auditorfs report. NEBDN Annual Report 2022-23 NATIONAL EXAMINING BOARD FOR DENTAL NURSES INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS AND TRUSTEES OF NATIONAL &XAMINING BOARD FOR DENTAL NURSES Us? of our rèport This ￿port is fflade sdety lo the charitable (xJmpanWs members. as a body. in accordance with Ch8pt8r 3 of Part 16 f the Companies Act 2006 and io the regulation 10 of the Charrties Accounts {ScDUandl Regul81ion5 2006. Our udit work has been undertaken so Ihal we rnigm state to the charitable company's members arKI trustees Ihose rnatter8 we 818 iequi¥ed lo stale to thern in an auditorfs repryt and no other purpose. To Ihe fullest extent peimitted by bw, we do not acc8pt or assume responsibilty to othef Ihan the charita￿e company, the charitable company's members as a body.and Ihe charitable o)mpany's twslees as a body. for our audit worf(, for this report, or for the ownioTrs we have fO￿￿ed. Helen Furlong FCCA (Senior Statutory Auditor) for and on behalf of Xeinadin Audit Limiied Aecountants Stattltory Audltor 2 Hilliards Court Chesier Business Park Chester Cheshire CH4 9QP NEBDN Annual Report 2022-23 34 NATIONAL EXAMINING BOARD FOR DENTAL NURSES STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 28 FEBRUARY 2023 Unrestricted Unre$trl¢tod funds funds 2023 2022 Notes Income Irom: Chantable activities Investments 2.242.823 32.130 1,318.395 17.296 Totsl Ineome 2.274,953 1.335.691 nditure on: Raising funds 5,868 5.440 Cha¥rtable activities 1.665.466 1.432,974 Totsl ¢xp¢nditure 1.671.334 1,438,414 Net gainsl{lossesl en inveslments 11 113.354} 28,222 Not movement in funds S￿265 174,501} Fund balances al 1 Mafch 2022 1.144.035 1.218,532 Fund balances at 28 Fèbruary 2023 1.734.3(￿ 1,144,031 The ststemenl of financial aclwities includes all ga￿1$ and10sges recognised In the year. All inc4yne and expenditure derive from continuing ￿ti￿ties. The statement of financtal activilies also ￿Mpl￿5 wilh the rw4U1￿Ments for an income and expendtture account under the Companies Act 2006. NEBDN Annual Report 2022-23 35 NATIONAL EXAMINING BOARD FOR DENTAL NURSES BALANCE SHEET AS AT28 FEBRUARY2023 2023 2022 Notes Fixed assets lTrtangiblÈ assèts Tangible assets Investments 13 14 15 35.741 36,207 588.121 39.378 33.4￿1 575,974 660.(K9 648.842 Current assets Stocks Debtors Cash al trank and in harKI 16 17 16,672 522,018 2,￿1.211 18.TT8 353.544 2.365,994 3.439.901 2.738.3t6 Creditor5: amounts falling due within one year 18 12.237.595) 12.135,9)2} Net current a5Eels 1.202,X 602.414 Totsl assets less currnnt liabilitios 1,862,375 1,251,25 Creditor5: amounts falling due after moro than one year 19 (128.075) {107,2251 Nèt assets 1.734.3C 1,144.031 Income funds Unrestricted funds Designated funds Gener81 un￿strIcted fijnds 21 ,540 1.677,760 57,403 1.086,628 1,734,300 1.144,031 1,734.300 1.144,031 The fInanG1￿ statèments Wtrte approV￿j by th8 TnJst88s on 19 Septemb8r 2023. James Ashworth-Holland Chc7ir of the Board ol Truslees Company registrntion number 06680200 NEBDN Annual Report 2022-23 36 NATIONAL EXAMINING BOARD FOR DENTAL NURSES STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 28 FEBRUAR Y 2023 2023 2022 Nots5 Cash flows from operating activitigs Cash generated from opecatKins S70.(￿?1 576,936 Invosting activitiès Purchase of intangible assels Purchase of tangible fixeil 8S5ets Purchase of investments Proceod$ from disP95al of inveslments Investment incorrÉ received 19.0391 {32,3741 {125.526) 100.025 32.130 127,486 113.1691 195.50S1 98.546 17,296 Ngt cash used in in¥￿ting ¥￿I¥ltie (34.784} (20,3191 Net eash used In financing activities Net increase ill cash and cash equivalents 535217 5%,617 Cash and cash equivalents at beginning of yèar 2.36S.994 1,809.377 Cash and cash equivalents at end of year 2,9)1,211 2,365.994 NEBDN Annval Report 2022-23 37 NATIONAL EXAMINING BOARD FOR DENTAL NURSES NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FE8RUARY2023 ACCOUn￿ng pollcles Charity information Nats"onal Examining Board For Dental Nurses is a privale ￿)rnpany limited by guaranteè in(X)fpOrat￿ in England and Wajes. The registsfed office is QuaysM1e Court First Fk*N. Chain Caul Way. Ashlo¥pon-Ribble, Preston, Lancashire. PR2 2ZP. 1.1 Aeeounting conventlon The financial statemenis have been prepared in a¢xxN(lan(* the charity's Igoveming documenll, the Companies Act 21YA, the Charities aNJ Trustee Investment {ScotlandJ Act 2W5. the Charities AGGwnls (Scolland) Regulations 21XK {as amended), FRS 102'The Financial Reporb"ng Stsndard applicable in the UK and Republic of Ireland. I'FRS 1021 and the Charit￿9 SORP "ACc￿nI1ng and Reporting by Ghanb"es' ststernent of Re￿rnrnended PraCt￿e applKsblè to d)aritieS PlèKAftng their accounis in accordan￿ with the Financial Reportin9 Standard apPI￿ab￿ in the UK and Republ￿ of Ireland (FRS 102)" {effective 1 January 2019). The charity is a Public Benefit Entity as defined by FRS 102. The finanual sialemenls are prepared in sterfing. whith is Ihe lunctional CLwrency of the charity. Monetary awnounts in th¢se fi￿8￿¢7a1 statem￿ts a￿ rounded lo the nearest £. The finanoal slalemenls have I￿n prepa￿ urmler Ihe historical cost oJnvent*Jn. The prir￿lpal accounling policies adopied are sel ou( below. 1.2 Going Concern The ch#nty's finanoal siatemenls have been p￿pared on a going COTr￿rn basis which assumes an abilty l(> continue operdling for the f￿eSee3b1e luture. The Co¥Mk 19 pandemic was unèxpected and it is iecognised that it wll have an impact on the futu￿ irhcome and expenditure of the tharity and led to a reassessment of the (th8tFty's budget and business plan. No Sign1h￿nt concem5 have been noleil aTrd rt is considered apwopnalè lo o)nlinu8 to prepare th8 financial statements on a going ￿teM basis. 1.3 ¢haritsble fund? Unreslrided funds are ayalable tor use at ihe diSc*el￿n of the Trustees in fiJrtherance of Iheiw ¢haritsble obiectNes. Restricled funds are subject Io SFecJfic ￿nd￿"0￿5 by donots as to how they may be used The purposes and uses of the restsicted funds are set oul in the noles to the fIr￿)Gla1 5talefflents. End¢)wment funds are subject to Spea￿ conditwjns by d￿oIS that the ¢2KMtsI must bè maw)tained by the tharity. 1A Income All meomè is recxMJnlsed In thè Statement ol Finanoal AC*vrt1￿ the c*arity has entiiiement 10 the funds, it is probable Ihat the income wll ￿ receNed and thè anK)unt can be measured ￿11abty. 1￿me from tharitable actimb'es wnssts of fee irwme rel8bryJ to 8xaminations set. Fee income r8ceNed in advance is deferred and recognised over the estimated lime tsken to ￿rnplete the relewanl qualification. Intere51 on funds held on deposit is included when ￿ceiva￿e and the amounl can be ffleasufed relkgbly by the charity,. this is nomially on nob"ficab"on ol the illterest paid N payable by the bank. Dividends are reccgnksed On￿ the dividend has been dedared and nots"fi¢alM)n has been ￿ceiVed of Ihe dividend due. NEBDN Annual Report 2022-23 38 NATIONAL EXAMINING BOARD FOR DENTAL NURSES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY 2023 Accounting polielès {Continuedl 1.5 Expenditure Expendilure Is recfrjnised once there is a legal or conslructs.ve 0￿￿al￿n lo transfer ￿0￿0M1C benefrt to a third paty, rt is probab￿ that a transfer of economic benefrts wll be required in setdernent, and the amount of the obligation can be measured relk3bty. Expenditure is classified by 8CtNity. The ¢x)sls of each aetrwty are rn8de up of the total of dire(* wsls 2nd shared costs. Induding support Costs invofvÈd in undèrtakn.ng ead) actw. Dirgct costs *tritthblo Its a SI￿1& activity are allocated dire¢Xty to that arAMty. Shaied costs whKh ryjnln.buie lo rnore than one activity and support costs which are rK)t attributab￿ to a single activty are apportioned be￿een those actiwlies on a basis consistenl with the use of resources. Central skff (￿t$ are allocated on the basis of time spent. and depreciation caarges are allocated ￿ Ihe portson of the asset's use. Liabilities are recognised as expenditure as soon as there is a legal or construciive obligation committing the charity to that expendtiuie. it ￿ wobable that a transfer of economic beneffts will be required in settlemenl and the amount ol the obligation caTr be meaSU￿d reliaNy. ExpeTrJrture is accounted for on an accrnals basis and has been classified vndèr headings that aggregate all cost fel*ed to the category. The costs of prepariThJ examinations are written off as they are incaJrred, irrespective of exafflinatb)n dates. Wmere costs cannot be direcity attributed lo parficJJlar headings they have been allocated to actimties on basis con5151ent the use of ￿$0￿[¢¢$. Irrecoverable VAT has beeA tharged io Ihe actsvity for whid) thè Èxpèndilurè wos incurrÈd. Support costs are those fiJnct*Jns that assist the work of the tharity but thi not directly undertake charilaLle acti￿t￿S. Govemance <￿815 COtnwiBe IIE LX)sts of running the tharity. wthding 81rdlegiG planning fDr ils future development, external audit, any legal thi￿ for the Trustees, and all costs of CoM￿y1ng wlh conststthonal and slatutory requiremellls. such as the cost of Board arKI Commitiee rneetings. and of preparing stalutory accounts and satisfying publ￿ accouniabilty. 1.6 Research and development expenditwre Research expendiluie is written off ag3in5t profrts the year in whith il ts in¢ur¥d. Idenlffj￿bl6 developmènt expenditure is L¥pitalised to the extent Ihat the lethni￿. cornmef¢i* and finawal feasibility o3n be demonstrated. 1.7 Intangible fLxed assets other than goodwill Intangible asset5 acquired separately from a bu5ine5s are rec£)gnised at CO￿ and are subs&Juently measured at cost less acujmulated amortisation and acujmulated impaifrrenl losse5. Intangible assets acquired on business 0)m￿nationS afe ￿c¢y3￿1Sed sepèi*ely from gootht￿lI al the acquisition date where rfc is t*0b8￿8 th8t fv wected fuiurè e(x>nomi¢ benèfits that ar& attribul8blè tts thè asset will flow lo the ents.ty and ihe fair value of the assel can LE measured ieliably,. the intangible a55et arises frorn contractual or olher legal fights,. and the intaTrJible asset is separat4e from the enlity. Amorbsation is ￿cOgniSed SD as to write off the LX￿1 or valuation of assets less their Tesidual values over their U5$ful livès on the following bases= SolvNare Patents & li¢en¢es Web5tte costs 33.33% on cost 25°A on cost 25°A on ojsl NEBDN Annual Reporl 2022-23 39 NATIONAL EXAMINING BOARD FOR DENTAL NURSES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY 2023 ArKounting polici89 (Continuodl 1.8 Tangible fixed assets Tangib￿ fved assets are initially measured at cost and sjjbswntty meagjred at cost or valuat￿n. net of deprea8lion and any impwrment bsses. Depreciauon Is recognlsed so as to write off Ihe cost or vatuats.on of assets less their residual valuas Dver thoir usefvl lives ort the fdkmng bases.. FNtsJres and fittings Computers 15% ujst 3.33% on cx)st Assets cosling less than £500 are not capiklised. Tho gain or loss arising on the dtsposal of an a￿t is d8t8rmined as the dIfferer￿ be￿en the sale prctteds and thè e2rrylng value ofthè asset. and is recOgn￿ed in nel ino)mel{expenditurel for the year. 1.9 Fixed a88et Inv￿t￿￿￿ts Investments hekl as assets are stated ai market value at the balance sheet date. Unrealised gains and losses alè included on the Stslemenl of Finanoal A¢b"vthes each yeai. 1.10 Impaimient of fixed assets Al eaGh reporting end dale. Ihe charity the carryirKJ amounts of tts taroit4e and intaThJible assets to determine whether there is any indicatr.on trat those 8ssets havè suffered an Impaimient k)ss 11 any such indication exists. rewveiable amount of the asset is estimated in to determinè th8 èxtènt of the impairment loss lif any). 1.11 Stocks Stocks are valued at the of o)sl and nei realisa￿e value. after ma￿"n9 due for obsofgle and sk)w moving items. Net realisable value is the estimated selling price less al estimated cosls of completion and ￿sts to be incurred in mar*eb"ng, selling and distrtt>ulKJn. 1.12 Cash and cash equivalents Cash and cash equivalents indude cash in hand, deposiis hekl at call wrth banks. other short-lerrn Ihiu•J imieslments wrth origTnal maturities of th￿e m￿ths or le&8. and bank overdrafts. Bank Dverdrafts are shown within borrowings in currènt liabilits8s_ 1.13 Financial instruments The charity has cash at bank. other debtors and olher cx&litors Ihat are financaal a&8els and financial liabilitie5 of a kind that qualify as ba&c financial instrnments. Ba&c financial instruments are initially recogni5& at tra￿s￿l0n value and subsequenoy measureJ at thair settlement value. Derecognition of financial liabilities Financial Irabilities are dewnised when Ihe charty'8 obligalions expl￿ 01 are distharg8d or cancelled. 1.14 Ernployee bènèfits The Go31 of any unused holiday erbttupmenl rttognised li the perv)d in which the ernpbyee's semces are rece¢ved. Tèrmination benefrts are re¢ognised immediatety as an expense when the charity is demonstr3￿Y committed to temiinate the employment of an employee or lo prowde terminalK)n benefrt5. NEBDN Annual Report 2022-23 40 NATIONAL EXAMINING BOARD FOR DENTAL NURSES NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY2023 Accounting policie$ IContinu•dl 1.15 Retir•ment ben•frts Payments lo defined colltsibution retirement benefrt 5theme5 are tharge(l as an expense a5 they fall due. Crits¢al accounting estimatès and judg•m•nts In the appl￿tion of the ¢haiitrfs a¢uMJnb"ng polities. the Tnjstees are requifed tr* make judgemenls, estimates and a5sumpbons about the ¢arrying amount of assets and liabibties that are not readily apparert frorn other SOLtrrces. The eslimates ar￿ asS(￿laled aSsU￿p110nS are based on historical experièn￿ and other f8rtors that are considered lo be relevant. Actual regjlls may differ from ihese estimates. The eslimotes and undertying assumptions are re¥ith¥ed on an ongoing basis. Rewsions to aLrounting estirnale5 are re￿niSed in the period in whi¢* Ihe e5b.mate ￿ ievised whwe the Fewsion affects only that period, or In the peri(Kl of the rewsion and future periods where the revision affects btsth tyjrrenl and luture period5. Charitable artiviti 2023 2022 Course fees 2.242,823 1.318,395 Invèstmants Unre$trlctrd Unrestri¢led funds funds 2023 2022 Income from listed invesrnents Interest ￿ceIVable 13.3(K) 18.830 8,419 8.877 32.130 17,296 Rai¥ing fvnds Unrestrictèd Unrestricted fund8 Iijnds 2023 2022 Inveslmenl management 5,440 5,868 5,440 NEBDN Annual Report 2022-23 41 NATIONAL EXAMINING BOARD FOR DENTAL NURSES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED FOR THE YEAR ENDED 28 FE8RUARY2023 Charitsble activities 2023 2022 Staff costs Exarniner5' cx)sts E-marking and upgrades Rècords of èxperience OSCE equipment C¢ntre expenses Reviews. marking. feedback aThJ Iraining Quality assuran￿ expenses Purchase of badges. bUc￿e$ and bells 721.060 82,105 11.760 97.428 168,192 4,fj45 12.226 2.367 754 646,177 65,682 11,760 70.784 121,919 32,848 6,573 2,494 1.100.537 967.333 Share of support costs note 71 Share of oovemance costs (see note 7) 460.642 104.287 378,419 87.222 1.665.466 1.432.974 Support co¥ts Support Govemance osts ¢osts 2023 Support Govemance costs costs 2022 Staff costs Deprecialion Siaff recruitmenl and training Property costs Mafkeling General admin costs 152,388 42,337 44.559 196.947 42,337 137.556 48.217 42.720 180.276 48.217 42,732 49.086 11.870 162229 42.732 49,086 11.870 162,229 19.263 45.570 9.584 118.229 19.263 45,570 9,584 118,229 Audtt fees AC￿￿ntanCY Legal and prOfeS￿onal Trustee cosis 5.400 4,S35 37.784 12.009 5.400 4,535 37.7e4 12.(M)9 5,400 4,535 27.061 7.506 5,400 4.535 27,061 7,5( 104,287 564,929 378,419 87.222 465.641 Analysed betsleen Charitable actiVThes 460.642 104.287 564.929 378.419 87,222 465,641 NEBDN Annuol Report 2022-23 42 NATIONAL EXAMINING BOARD FOR DENTAL NURSES NOTES TO THE FINANCIAL STATEMENT5 (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY2023 Audltof$ rgmuneration Fees payable to the ch8rTWs auditor and associates: 2023 2022 Audit ofthe charity's annual accounts 5.400 Non4udit servicès All other non-audic services 5.839 Trustees Trnstees. RemuneratioTr During the year no Trustees re￿IVed remunerath)n for their serV￿eS as Truslees. however. Rebecca Cox received £437 and Julie Byrom receNed £8¥2 forlheir ser¥ices as exam1r￿[s. Trustees. expenses Dvring the year no Trustees receNed remuneration for theFr sewces as Trustees. During the year 10 Iruslees v4•rè r8imburs8d for traY•lling 8XP8nses totallin9 £2,810. During the year 10 Iru5tees were ￿lM￿￿tsed for travelling expenses t0ts11Tr￿ £2,810. 10 Employees The average monthty number of Èmployèès during the year was: 2023 Number 2022 Number Admin & sUPPQrt Staff Management 12 14 12 Tot 22 Employmovrt costs 2023 2022 dges and 5atar*s Social se¢urty costs Olher p8nsKJn costs 769.425 76,939 71.643 891.427 86.461 68.565 918.007 826.453 The key management personnel of the charity wmprise the IrLtstees, the CEO and Senior Management Team. The lotal employee beneffts ol the key management ￿r￿)nnel of the charity were £214.12412022.' £257.6941. NEBDN Annual Report 2022-23 43 NATIONAL EXAMINING BOARD FOR DENTAL NURSES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY 2023 10 Employees Icontinved) The number of employees whose annual rem￿nerab.(￿ was m(xe than £60,( is as fdlows.. 2023 Number 2022 Number £60.001- £70,000 £70,001- £80.000 11 Net gainslllossesl on investments Unrestrl¢ted Unrestrlcted funds funds 2023 2022 Revaluation of investments Gainllloss) on sale of investmgnts (17.940) 27.307 915 {13.3541 28.222 12 Taxatton The charity Is exempt Irom tsx on Income and gains falling wthin seth.on 505 of the T8xe8 Act 1988 or sedio 252 of the Taxalionof Char9eable GaBis Acl 1992 to the extent that these are ap￿led lo its chanlabk objects. 13 Intangible fixed assets SoftsRf• Palonls & Websle costs licer￿S Cost At 1 March 2022 Additions- separatety acquired 1,298 4,320 64.424 9.039 9.039 AI 28 February 2023 67.845 1.298 4.320 73,463 Amortlsation and Impalrnient Al 1 March 2022 Amortisati¢n charged foi the year 21.C66 11.272 7B4 325 3,195 1,080 25.045 12,677 Al 28 February 2023 32.338 1.109 4,275 37,722 Carying arnount At 28 Febiuary 2023 35.507 189 45 35,741 At 28 F8bruary 2022 37,740 513 1,125 39.378 NEBDN Annual Report 2022-23 NATIONAL EXAMINING BOARD FOR DENTAL NURSES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY2023 14 Tangible fixed a88ets ixturE5 and ffttin95 Compuleis To￿1 Cost Al 1 March 2022 Additions 29.232 123.398 32.374 152.630 32,374 Al 28 February 2023 29.232 155.772 185.004 Daprnclatlon and impairment At 1 March 2022 Depreciation tharged in the ye8r 19.675 2.8￿2 99.262 26.998 119,137 29,660 At 28 February 2023 22.537 126.2 14e,797 Carrying amount At 28 February 2023 29,512 36,207 At 28 F8bruary 2022 9.3S5 24,135 33,490 15 Flxéd asset InY8slmonts Listed 5nvestments Cash in portfolio Tolal Cost or valuation At 1 March 2022 Additions Valualion changes Disposats 562.863 125.526 (17.9401 (84.5211 13.111 576,974 125,52S P8,858} 184,5211 (10.918} At 28 Febwary 2023 585.928 2,193 588,121 Carrying amount At 28 February 2023 585.928 2.193 568.121 At 28 Fèbruxry 2022 562.863 12.111 575,974 The histor￿al c05t of the invesbnenis hÈkl at 28 February 2023 was £529,38812022 £505.460). NEBDN Annval Report 2022-23 45 NATIONAL EXAMINING BOARD FOR DENTAL NURSES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY2023 16 Stocks 2023 2022 Stock 16.672 18.778 17 Debtors 2023 2022 Amounts falling due within one yèar. Trade dèbtors Other deblors Prepayments and accrued income 278.033 3,936 240.IJ49 174.199 21.723 157.622 522.018 353,544 18 Creditors.. amounts falling due within one year 2023 2022 Note Other rax*"on and sockAI securiry D6fèrr8d incomè Trade creditc Other credrtors AccruaL8 and deferred rKome 20.125 1,994,625 207,800 3,802 11,243 12, 1.942.585 159.W28 4.850 15,971 2,237.595 2.135.￿2 19 Greditor5.' amounts talling due after more than one year 2023 2022 Note¥ Defèrrèd incomè 128.075 107,225 20 Deforrod incom• 2023 2022 Arising from fees in adwarKe 2,122.700 2.049.810 Defer￿ income B included in the financial statements as f￿1r1￿. NEBDN Annual Report 2022-23 46 NATIONAL EXAMINING BOARD FOR DENTAL NURSES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY 2023 20 Deferred income Icontinuèdl 2023 2022 Deferred in¢ome is included wthin.. CurTent liabilities N0Tr-Wrre￿t liabilrties 1.994,625 128,075 1.942,585 107,225 2.122.7fy) 2.049.810 Movements in the year". Delerted incorne at 1 March 2022 Released frorn previous wods Resourc%8 defeired in the year 2.049,810 1,473.600 12.218.545) {1,385,5801 2291.435 1.961,790 Defèrred incorne at 28 FebnJary 2023 2.122,7C 2,049.810 21 Desiynatèd funds The income fvnds of the charty indude the following designated fUr￿S whith have been sel asKle out of unrestricled funds by the trustee5 for 5peufic purposes." B￿aTre6 at Reval￿1& 8alJncgal R￿￿UatIOn4 BalBnce at Marth 2021 gains and I ll1￿h 2022 Balr￿ and 28 F2bn*ry 105S•S 2023 Investfflenl revalualw)n reseNe 148.846 191.443) 57.403 18631 ,540 148.846 191.4431 57,403 18631 ,540 The Investrnenl Rev81u81ion Fund rerxEsents the overall increase in ihe Investmw)t 5Y)rtfolio ￿nce fvnds were onginalty invested. NEBDN Annuol Report 2022-23 47 NATIONAL EXAMINING BOARD FOR DENTAL NURSES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY2023 22 Operatlng leasè commltmènts At the raportin9 end data tha charity had oulstandin9 Ixjmmitrnents for fuluie minimum ￿se payments under non-¢3ncellable ¢)peraling leases, whith fau due as follcws.. 2023 2022 Within one year Between and five years 25.024 30.837 25.024 57.528 SS.861 82.552 The operating leases represents the lease of prope￿ and rental of equipment lo Ihiid pariies. The leases are negotiated ovèr tèm)s ofvarious yèars and rentab are agreed in the terms. 23 Related party transactions There were no di5th58ble Telaled party tsan5ath.c￿5 during Ihe year12022- none). 24 Cash gonoratsd from oporations 2023 2022 Surpluslldefiutl for the ye8r 59).265 (74,5011 Adjustments for.. Investméftt ineome recognised in slalement of finanaal ￿tiVItieS Gain on disposal of irtveslments Fair value gains and10sses on investrnents Depreualion and impaimiÈnl ol tsngible fLxed 35sets (32,130) 14,586) 17,940 42,337 117.2961 19151 127,3071 48.217 Movernents in working capital.. D￿reaS￿linCreaseI in stoc*s {In(¥easelIde￿e¥se in debtor5 I￿￿eaSe in uedilors Ine£88s8 in dèfèrrad irthme 2.1r (168,4741 49,653 72,89) 19791 67.403 6.104 S76,210 Cash generated from operations 57Q.001 576.938 25 Analysis of changes in net funds The charity had no debt during the year. NEBDN Annual Report 2022-23 48 Natlonol Examining Board for Denlol Nurses Fi151 noor Quoyside Court Choin Caul Way Preston PR2 2ZP 01772429911 info@nebdn.org NEBDN is a fimiled compony regisleyed in Engl(Jnd & Woles No. 0558021XJ. Registered wlh the Charity Commission in England & Wa￿$ No. 1112331. Registered wlh Ihe Office of the Scollish Charity Regulator IOSCRI No. SC045470. Regislered wth Olquol No. RN6109. 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