Reglsteted Nmber... (W1016 Charrty number: 1126927 THE INTERNATIONAL SOCIETY FOR PEDIATRIC AND ADOLESCENT DIABEfES (A Company Limfted by Guarantee) TRUSTEES. REPORT, INDEPENDEfrif EXAMINER'S REPORT AND FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2023 A16 COMPANIES HCXISE
The INTERNATIONAL SOCIETY FOR PEOIATRIC AND ADOLESCENT I)IABETES (A"Company Llmitedby Guarantee) Refgrence and AdmlDlstralfv8 Oetalls ol the Charny. Its Twstsos ond Advlsgrs Trustees. Report Independent Examinerfs Report Statement ol Flmnclal A¢Uvllles 74 Balance Sheet 15 st8tefit ol Cash Flows 16 Motes to lh• Flnanclal Slaternents 17-33
THE IlllER14ATIONAL SOCIETY FOII PEDIATRICW4D ADOLESCEKf DIABEfES (A Company Umlled by Gu¥¢) REFERENCE AND ANIINISTRATIVE DETAILS OF THE CHARITY. ITS THUSTEES AND ADVISERS FOR THE YEAR ENDED31 DECEMBER 2023 Professor David Maahs. Prestilonl Dr Lars Krollvold. Treasurew I resvJn2d 2QOLloIH 20231 Dr Carine de Beaulo¢ Past Pres { resigned 14 Octotser 2tr221 Dr Jami& Wocxl, S• Ggnernl Dr sabl Hofer, Treasu1 l appjinted 3) Oct¢ts 20231 Company realstèfed nymb CW1016 Charlty reglslered number 1126927 Rogistorod offk8 Elby[Algh Hous Wellirtyn Street Chekenham GIOu{&r$hIe GL5(F 1YD Managem•nl Companyl K.l.T. Grow)-GmLI Prlnclpal OHlce Company s•¢r•tsry Dr JamN?.Wood Independent Examlnèr Cro1 U.K. LLP Chartered AecountaN& 81ack Country Hous ROUTh Green Road West Midlands 869 2DG Bankers Commethk BerlIrFGedacfthi"rChe Kurfurster*Jamm 237 10719 Bertn Ge¥n7any Lksyds Bank P Rotyr Itpellier Chekenham Gloucestershire GL50 ISH Page I
THE INTeRNAnCIAL SOCIEfY FOR PEDIATRIC AMD AL)OLESCENT DIABEfES IA Company Limlled by Guaranleel TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 21)23 The Trustees uThr Charrty Law, who are also the Dir15 uwthr Company Law, PTesent th?ir rep)rt and ihg financHI stalernenls ol the Chanty for Ihe period ended 31 December 2023. This retxjrt has been prepared in accordanee wrth the Spea IKovi&ons reLating lo comparmes Sul to the smdl cornpan regime wthin Part 1S ol Ihe Cornpans Act 201. The Intemational Society tor PaÈ¢JiatrÈc arwj Ado5eert th"abele5- ISPAD - is a charitthe ¢ompany. Ilmited by guarnntee, incorp)rate(l on 8 July 2008 Iregistr&"on Nrnber 066410161 and registered as a charfty on 25 November 2008 (charity nLFmber 11269271. STRUCTUR& GOVERIIANCE AND MANAGEMENT Govéming Documèni The Internatlonal Society l¢y Paerftr and Adolescent Dlattes IISPAD or the Society) is governed by its Memorandum and Ath"cles of Associlon dated 8 2CIJ8 (last amended 13 June 2023).. and the UK Char¢ty Governance Code. Principal Activity ISPADS overall MISSK is to bring iogether professon$ from various distF4in&s Nvith an inlgrpst in clinTrcal ca. science, edueatson, advD¢acy fo prevent. treat or cure alt forms of diabete5 in youth byprornoliThJ networking and eollaborats"on. princwl acw ol ISPAD is to impyove the INes of chiklren, adolents and yotsrtg aduhs With Othetes workmryde, whrh ts acComlShed by pYovhJin9 forums. both written (gUellèsl and lace-to- face 18eienttfic meeb'ryJs. science scthols for ttysioans and lor alld healthcare prolessionds. arKI posigraduate coJrsesl. 10 physlcians and healthcare prolessionals provide care lor young people wth dlabetÈs. To advance further Ihese airns. ISPAD athocates through0 ihe wodd tor the approprtale provision of medicat ¢ar& and asstsls intemational organisa0o and he&th selve9 1.7 tre delivery ol criilcal diabetes sg11- car& supplies, such as insulin and glu)Se test SI$, toget with &Yucational and womotv)nal merRI for all hild and adolescents with diabetes. Organisational Managemenl Each officer ol the Charity has a rob r&swnsibliDe5 a enumerall in the govemtng cbcument. The Society's lo¢us (In S¢ience, thcacy ar Educalion 15 ensured by the olticers ol thE Society who serve as Trustees. They have Ihe ulb.mate responSIllty Ior fi5cd and other deci5ion5 in accordance with the Memorandum and Artdes of Assoaation. a1 ary byrfaws. They con5utt with the adviscyy COU11 composed of members ol Ihe SocEty etected each al the Annual Conterence. Advisory council members are Specifical sougttl Irom dillerenl giOnS of the work1 so th they are representaii¥e ol the membershlp as a Ythole. The advi80ry council lonmally me&ts vlith the L¥)ard trlice each year. BeTren meetings infomiarion is excharoed by e-m&1 and reguW conterence ClS. The dissem¥1)n ol infomation on impjrtarn issues ¢X)es need io wali for lormd meet1rs. The Trusts8s retain an organisailonal management group IK.I.T. Group GmbH, Bedin, Germanyl who daal with thg day-lo-¢Jay activities of Ihe Sooety and athses the Trustees in Ihis ¥egard. They have the aLilily to allocat& Iheir empbyee5 Trn any manngr that b8st s8rvgs ts Socigty and are granled a Iicgnse to organi5e and manage ihg Annual Conference, thg venu¢ IOT which is Se¢d by Iho EXtIVE 8oard. K.i.r. Group review5 the IDcations, budgets and Irqistics IOT the Society and ggn5 the Gontra¢ts bolw 1he management gr4)Jp and venues and exhtstors. K.l.T. Gioup a150 collaborates wth pr¢IdeS logisfft.cal SUPPDrt to the local ¢onv9ners and inlèrnab.onal ScEntific Committee, wthh creates the scnts11C prograrn and selects Speakers, The management group maint"n$ for tre S(Ety rectyd$ of day-trday linaneial trans¥liDns and provkles rep)rtS 10 Ihe fieasurer arKI other Trustees at regular inlervJs. ICI.T. Group processes re¢apts transfers funds Irom the SociE1Vs accounts {used for day-tckday ac111) with the approval ot the TreaSUr, or ihe Trustees as a whole. thring Tnjstee meeiings or after discussions Trustees. They organise the venue aTh related ath1veS lor reCtOrS. meetings. The Chanty relains bjlh an accounb.ng firm anjj solicitors. These advise the Trustees on govemanrA. legal, and financial isgJJes. Paoe 2
THE INTERNATIONAL SOaEfY FOR PEDIATRIC W4D ADOLESCENT DIABETES (A Conwy Llmlted by Gèe) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Iv Recrullmert and Trainlng of Trustees Th8 Trustees of the SIxty are the (xjrrenl semng officers of the Swety. The Trtjsiees are ele¢ted by ihe mgmters al the Annu Conlorer¢e. The processes for nomlnalion and cb"¢)n of th9 Trvsloes are Outlin In the Artcles arKI M8morandum lamervjed 12 Odober 2012 to allow ectronic volingl. Trustee5 have been members ol Ih65 So¢iely lor many years and have LVntritIed to Ihe Society in many areas.. e.g.. serying on tr)e Athsory Cwnul. organi%ing one or more of the Annual Saenfjfic meets"rs. sCiee schools or postgraduate courses. Trustees have contribul&J to the Socielys efk¥ts in Scierte. Edu¢aiKJn and P41vocacy. which are ihe pillars ol the Sty. Newly elected Trustees sFend one y8ar as Truststrelect ar attend the BoarrUSte2 meeting5 to gan experierte in the Sociells actmlies: ¢harity govgmance, finances. grant pre9S1napproyaIS and other issues invofving the organisalion awKJ running of Ihe SoKEty. TnBtees musl be members in gocbd stanthg ol the Society and have partrijated in the Society's actwibes in adership roles. They receivè lofma1 information about the Tole and responsibilibes ol a Tnjslee. aj underlake seN-paced aming from documonis avaiL4ble through the Charity CommissK)n. The year spènt semng as Trustee-elecl a,kns the job gxpèrience. guidance and gduGabon from the currentTrustsgs prior to assuming the of a TTuslee. Slructurè and Relatton$hips The TrusteeslBoard of Llirectors communicate ilh each Other lusually Via emal4 almost daity on Ihe management and threclion ol Ihe Charty. A regular formal wdeo tonferenca m881ing is arranged m(>nthty behyeen Ihe Oftscers and the POmInislratn Company. The Trustees retain an Organisation management group to assist rylh the actuat day-104Jay managernent ol the Chaity and the 8oard has direct oversight of their actwib"es. The Soclety contracts wilh the managemenl group to organise and manage Ihe Annual Conference. The management grwp also provide material support for meglings, organises the Annual Repon wtth the Trusiees. which ts preparwl lor distribUOn al the Annu General Meeling land awlat48 lor ¢onsutlalion in the member area onthe ISPAD web55tB l arKI provides a posl. conferen¢• r¢porf lor thè Truste¢$ after ihe Annual Conlerence. Form manageMtt reports are Fxesenled to Ihe Truslees at face-to-lace meing$ at least lee per year. A written rewrt is present to the Trustees and mwbeTS at the Annual Gener Meeting. Information 15 exthargetj by e-mail or le18phone frequenlly on an 'as ne&J, basis. Finwd reports are given lo the TreasureT regularfy. and the Truslee5 are updated ularty. The Trustées, on behalf ol Ihe Society. eStlse in 2000 a conlratt ith Wiley. the ihen puts1her ol the Sooetys ioumal. PedIa Th"abetes. to prO¥e subsrxptions to Ihe journal lo 1 ISPAD members. ISPAD decided 10 eNJ ils relationslNp wth Pakntr¢ Diabetes al Ihe ¢nd of 2022 in response io Wiley translerfing the journal lo H1nda smth dramaic edrtorial. publishing. and linanc1 changes, inclLtrng a rglusaj lo publlsh fuiure ISPAD Guidelines. The Trustees worf(ed on new joumal partrShip CFVDrluni1 for ISPAD, including publat1¢>n ol ISPAD Guthlines, and established a contracl with Karger in June 2024. SubstsiptM)n lo the Journal H¢xmone Flesearch in PaediatrS puljished by Karger 1$ WOVKl>J tor all ISPAD members. Members will have full online aceess. will be norninaled to the Edilorial Board ol the joumal. thè ISPAD Guidelines and other society reports wll rxjblished in the iwmal. The Sctiety has gslablished agreernents of c&¥)9rabon. colab)ral>)n and Memoranda ol UerStandIng with Qlher Charities, companies and MedKal PrOfesnal 0rganisab.ons with 5Thhilar objeclwes and aims on a need's The Tnjslees contract lor lacilty space. audTrvisual sup[AS SUFporL and lood lor Ihe Winter administration meeling lusuaty hetrj ¢*Jring the international conlwence on Advanced Technclogies & Trgalments loi Dlabeles (ATTDI in Europe) and th8 Summer meeting usually hekl dumg 1ho Ameriean Diabotgs A5socialion Annu Scientific Meeb'ng {ADAI in ¢he Unitéd Stales. Pages
THE iTr1fERNATION SOCIEfi FOR PELXATRIC ANO ADOLESCEtr4T DIABETES (A Company Umlted by Guarantee) TRUSTEES. REPORT {coNfiNUEDI FOR THE YEAA ENDED 31 DECEMBER 20rJ Th8 Tnjsteos $91 FxJlicie5 aTrJ guKlelines for orgarK5ing arKI running thp AThn CorrfererrA. Thg Tru$tegs. on beh&l ol the Society, provKJe SCEnt[f t?versight and work cknsety 1h lh& cunven8rs and inlemational 5cienlrfic camrnittee on the program of the Annual nferere. Risk Manag•m•nt By contractual agreement, the managernenl grop share5 finla1 ri8k lor tt)e Annu Conferenee, whieh usualty attracts at least 1.000 attendees from aC4YKI the worfd. ISPAD maintiwns a subslanlkgl amount of reserve funds aThJ does not spend monDy unjess convinced thal so doing is con&stent with the rnission of ISPAD. likely to be tenefici and will nol dte rts rèservès. The Tru31ees Conducl an annual revivw ol al tyS ol risk by whrch the Society may be affecred. Having rewewed tre risks. the Tnjstees a sati8fi&J thal appropriate systems are in place to manage exposure to maiof risks. The sty hokjg Truse liarty Insule. Go¥•mgnce The Tiustee$ ol ISPAD are eommiNèd 10 1he Sctv&8 mission and have joined its board because they want io help the charity mosl gfleclivety carry out its mission lor the benefil ol chdren. adolescenls. young people and larnilies with diabetes. Truslges lully recognise thai meeiing their charitys staled public be111 is an ongoir requiremenl. uThJ8rstarKI thw"r arxl kyal reswnsibikti8s: and are CDrnmined to goott goveman¢•. and wish to ¢ontritsAe to ISPAD's ronts.nued impiovemenl. The board acis with integnty, alopting values and ueatlng a cumwe that helps achieve the organisation'5 charitabje purpjses. The board is aware of the imFJrtance ol Ihe wblr'5 conlidence and Iwsl in chwities aryj trustees undertake their duties accordirrtJty. TTUStees have the uhimate fiduciary responsSbility 14Jr rnanaging ISPAD'S lunds and asset5, pro1ecling its reputarion. and malnt&nlThJ the respect ol erioleS. oth2r stakehoklers and the pUe by thawng wrth lrnegrity at all Ilmes. even when diificull or unFwilar decisions rewired, The board leads the organisaiign in being tranwert and act. The charity IS open in lis work. unless ihere is good reason for11 nol lo bg. The Wb1.$ Irust thal a charity is ddivering a PLWi¢ ne1 i* fundamental lo ils r8wlation an(J 5u(xess. Making ar%ounlabilrfy real. through genuine and open lWaY Ggrnmunicalion Ihal celebrates successes demonstrates willingness to Ifom trmstakes. lo buikj this Irusl and ronlthnce and Bam Iwtimacy. OUR visIOfrI. IAISSION, AND VALUES Our Vision A bètter worfd lor Chien, adole5cenls aThJ UThJ adu15 wth diabeleg. Miswon Stalemen1 To brirvJ together professK)nats from various disciplinas wrth an inlwest in clinical care. suence, edLKatTron and athocacy to prevent. treai or cure lorms of diabète5 in you 8y promoiing erkIng and collaborat¢on. (Njr aims are.. To ensure appiopriate treabn8nt is aYailab. rneithcauon. self-monitoriThJ equipment and suppltes- To increase awareness ol ajl types ol dk3bet¢s ar prevenl delayed £fiagrrfJsis: To rlUCe Ihe mortrAdiryand mortdity caused by actrte and chionic Ml¢abOns.' To ensuf8 provision of edu¢alion to youth, lamilw and other caregNws: To profflote 8ducalion ot ¢Jiabele5 heallhcare teams worthmde.. To losler dthet8s research". and To preparp and dSeMinate practice guidelines and slandards. Page 4
THE IP4TERNATIOIIAL SOCIETY FOR PEDIATRIC AMD ADOLESCENT DIABEfES (A CoMp•Ay Llmlted by Gu•ranteel TRUSTEES. AEPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Our Values Exc•llgn¢o In care, based on rpJorous BIh research with reSt lor the inthidual child, adolescent and lamity and by atiryJ, eVuating and disseminating diabètes knoed99. Collaborallon The Society colkboraies wilh natrjnal and intemational palient profesy(Nwl organisatDns. healthc•e prowders, l1¢Y makers and companies Ihai mako producls or provtde servlces for children Olabeles. Advocacy For children and caregivers to imwove awarerEss thal diatete$ 5$ diNerent lor chiktreft ¢ompared to adulls: to discrfmination b8sefJ on a child's ¢abetes,' and to obtain increased lundirKJ lor diabetes treaiment, research atKt pmention. To promote the care af chik1ren an(1 adolescents whh dl forms ol (thabele5 Wn811ilus," To be an a(fvc<ate lor children and athcents with all lomis of diabetes mellitus", arfj To encourage and SUPFQrt bas. dInal. wdemiil(3icaE, heahh, economic aTrJ all other relevant research conceming paedkqtrsc and ath)cent diabete5 mellrtus. Public Benetit Plea52 Spe bel¢x a svmmary of the prvicwd actwibes arnl Complishments for the year whh ISPAD hps card out tor the wblic tenefft. In Ihe lurtherarKe ol these objectives. the ISPAD Trustees have compfigd with the (Kjty in Section 17 01 the Charibe5 Act 2011 to have due regard io the Charty commiss,5 published general and rvant 5ub-sector guidance concemiro the operation ol the Publ 8enefit requyremenl under that Act. PRINCIPAL ACTIVITIES AND ACCOUPUSHMENTS Education Thg extensive Clinical Practice Consensus Guide11r 126 chaptersl, published in 2022, continue 10 bè w¢ynulgated and made available on the SocEtys website and published in Paecfjalric Diabetes, the forner journal. The Clinical Practice Consensus Guidelines are an wtolate reference lor all those concerned with the management of childho(Kl diabetes worldwide arK1 include guidelines lor under resourced areas. The Guld&llnes were develop&Y anrl wiinen by memLws 01 the Swety, by an ediiorial team. This lasi comprehgnsive revisn Gonsists ol 26 chaplgrs ard over 250 authors (global dis1nliOn. earty career and senior, diverse profe55(On baCkgrour, and pprson5 wilh diabetes). In add0. art exlemal pro]t officer was aFPointl to lake a in SUFWrting the editori team to ensure the gukleti'nes meet internati standard5 ILY dinical guidelines aTrJ ensuie harmonisab.on of reCommendalns, contènt, language anrl evklence grading across chapters. Thg Guid&lin85 arg ewdeThcfrtAsed and are wriit•) uslng a r&e process invofving input from Ihe entire membershtp, led by our e¥ceLlenl enlhusiastic volunteer •dorial team. A copy of each chapter is availablp for download by anyone {nol Dnty for Ihe mem15) al no cost from ow wabsitè w4Yw.ispad.org. ISPAD 15 currerntly ¢130r819 with parb)ers on Ihe translation of the ISPAD 2022 Guideline5 inlo various languages lo facililale access. By today, the GuKlelines are ava41aÈ4e Ewlish. Frenth, Spanish, PortugLse and Hindi. In addrtn, Iranslaiions inro ott)er languages are encouraged no charge from ISPAD who coordinates these o110rts io a¥oKI rgjundanl translab'ons. Edation courses are offered lo the membership both. in rtUal formal (Welina, onhne Igarning loolsl and in person Annual con1eren. scler Schools tor phYsl3n and Hedihcare Professionals, as well as Postgraduate Courses). Page 5
THE INTERNAT1014AL SOCIETY FOR PEOIATRIC AND AOOLÉSCENT DIErE$ (A Company Umiied byGuarantee) TAUSTEES. REPORT (CONTINUED) FOR IHE YEAR ENDED 31 DECEMBER 2023 AdV8¢Y ISPAD collatorates clos yth 'Lile lor2 Chlj. and fhawing Diknte$ in Children. major program5 whose aim is to improve ac¢e55 to ess8nlial iknabétes fftedKines lin5ubn) arKI wlieS lor chiktren in Itp developing )dd. ISPAD 50 ¢ollatxJrales wiéh "Action4Diatstes , a tharity PTDvhling health lo disadvankged young peopl with DIaleS in South-East Asia. ISPAD conts.nues to TrAYKk with Eyropean Urnon pamers1o.g. EU Diabetes Forum) lo imprDve the qualily of care throughout tha wortd. ISPAD opened tls rnembership for advLUtes and offers a separate rnembershp lor advocates. Selen¢e The Annual Gonlerences invofve preséntalion of research actleS, at&01.the-art lectures 8nd topic specllic symposia. In 2020 and 2021. ISPAD'S Annual Confence look place virtually over a 1hreÈ-day meeting in October 2020 2021 wlh 1.285 and 1.414 partopants respeK•bvely. In 2022. the Annual Conference was hekl in person in Abu Dhabi. United Arnb Emires Octobef 13-16. In total. the meetiNJ brouoh1 together 1058 Allend99s 1781 Face lo Fac&, 277 Wiifval). and 369 scientific abstracts were submitted. In a)23. th"9 Annual c(lerence was hgkl in R(ffterdam, Neand5 wth a tot 01 1,623 AtteIeS from 100 cour)1rigs and 489 abstrac15 submitted ty aulhors lorrn all pwts ol Ihe wortd. ISPAD. organises and iuns, with volunteer experts, an annu research-oriented Scierte School lor Physicians Ihèks in Ferson in V&thnta, y, in April 20231, as well as a S¢ènCe School lor Atlied HèthCare Profe5sionJs y{ln9 in diabetes (held in person in Rotterdam in Oetober 20231. Applation$ are compelrti¥e for bolh science sthools each year. Visibng Fellow%hips allow young phystsans aTrJ healthcare professK)S io study research techniques and prepare them to sel up research. either in collaborathon with the centre in which they stLKly, or to initiate research n a similar area in a more independent mannei by provKling hands-on experien in an eslaNL8hed Centre ol Excellence ol research In the domain of interest. Applicanls present a reseafch propos lor their study as well as referbceS, wilh letters ol support from their hospital or uni¥ersity and Irom the head Ol the tesearch centre 10 hich they are a¥plyirTrg Idirect&J by an ISPAD member) aitesting to the applicant's acceptance at th8 centrè lo pursue 1he research project as ented. The accepling ISPAD memiEr volunteers Iheir b'me and eentr8 resources lor the proJ8Ct. Th8 funds loW the reciiment to travel to th8 cènire and pfowde supwrt l¢y ac¢ommcthtion. Sincè 2017 ISPAD ¢dlabor31ès W1h Br8akihrough T1D ItOrn8dy the JUnIle "abeteS Research Foundation IJDRF)) and award$ 4 researth lellow5hip, 25.1)Crf) dollars each, al since the calendar year 2019. 10 Allan Dra5h felow5hips, 017,500 dL)Ilars eath. From 2024 onward5, thè fuIng 01 the Research Felkjwship 11 increase to 25,00040.000 dollars range to fund up to 6 felbws. The aFpltcalM)ns are reviewed by th8 Trust8es and IF AdvGory Committee whts rank thérn on thg quality ol the applieation and poient181 tjeneffts to ihe applicanL The sesSIU1 recipient provides ISPAD with a rekK)rt on ihe projeci and Is encouraged lo submit an abstraci to Ihe Annual Canferertt an¢Vor submit a m8nuscrlpt io the ISPAD journal. GraDls from Gerwal Funds Travel grants a lor young physi¢rdns and hèaltlurè prolesslonal$ th)se absiracis have been accepted lor presentation at the Annu Conference. ISPAD supporf Iravel grants (scaled according to geographical localioril and special travat grarrts If payment ol travel. registratiw aexommodalion f(x members from the developirKJ wrldl. The abstract qualty (scoring as per process by the Abslrad Comrnitteel as wèll ès the cuunlry ol residence and prOf10n were part ol the sdecb.on crrteria lor allocatsrrtJ these grants. AP1¢all)n$ from Lower Income CouTrtnes las per Worfd 8ank classfftationl and Alied HealIare Profession5 were explicit &ncouraggd. P8ge 6
THE IKfERfrIATIoNAL SOaETY FOR PEDIATRIC AND AtX)LESCENT DIA8EfES (A Company Lvnfied by Guarantse) TRUSTEES. REPORT I¢OPmNUEDI FOR THE YEAR ENDED 31 DECEMBER 2023 Grnnts Supporled by Funds from Ileslrfcled Grantg Grants were obtained lor Ihe &"erte 001 lor Physicians for a $4lay caurse lor 23 young physlcian scléntists (in 20231 lo learn how to deSn a resparch siudy, appty proFer sts11st and writ8 grants. These Qranis wef8 provmjgd in 20fd by 8rgaklhrouqh T10 Ifomiwly JDRFI. Volunleers Members of the Socbety pawticipatè in all aspeds of the S(K#etye.g.: servino on the Advisory Coun seNing as conVer and organising mmittee meml)trs for the Annual Conler8n¢ 5eNing on the Scienlrtic Commrttee rpvwling ab5trac15 forthe AnnLTral ConfererKe acting as faculty lor the Science Schools and F•)St graduate courses serving t)n writi.ng commrttees for the Clinul PraCte Guidelines setving $Fecl 1rnwe group adVC¢lng lor chiklren with diabe5 at h)¢al. and iMernanal IelS workirvj wilh srx)nsors lo ireaSe nInbUlonS atteTrthng Annu Corrference Iwirnary lur&rai5ing evenll sèNng as preceptors for W1rJ Fellow5 pro11n9 leadership in thabeks care tor chIdn and adoleseents localty. Memb91¥ The Intemational Soci9ty lor Pa8diatriG and Adolescfflrt Oiabo(9s has fflomb8r5 trijm more than 100 countrios. A memberthip ¢iréclorycarF be fou1 on ISPAD wab5ite IvnYw.ispad.org1. FINANCIAL REVIEW AND RESULTS FOR THE PERIOO Financial Review The current perio(J is lor the 12 monlh•ernd eThJed 31 Decenknr 20231.2023). The prior Fericl is lor the.year Bled 31 DeceMr2072 1?02¥. During Ihe financial pgriod 1 January 2023 10 31 tlecemter 2023. exTr3r9 lotalled £751.17212022". £730,423 l and income was £967,84812022: £848,597J. OUT financi&l goals are lo maintain SLrtriaent held in reserve lo assure our continued exIstere under drfrUl1 linanc4al SituaOnS Iwor Income years. and unusual economic timesl, while we o)n11nue to support funding lor Soenco Schools. P051 Graduat8 Coursgs. Ihg Allan Drash clinic Fellowship. Rp5earch Fellowship, Travel Grants, Hormone Research in Paediatiics. Guidefine officw, Memberships. and sporyal initiatives. One of challerges ol holding (¥Jr AnnLd Conferences in 4Jifferenl Eocalions around the wortd is the WKlely varyng costs and befirS from them. The 2018 Conterenc In Hferabad, I"a was a SUccs1l)I Conference raising awaraness across the vrider regiin. but resuhed in a bafance. thè 45th Annual Gonlereneè in Bo0, USA in 2019 resutted in a FN)sibve tsance. The Annual Conlgrorw in 2020 aThY 2021 were both vlrtual, with gocd attendance arnl they resulled in p)5itive balarrs. The Annual ConfererKe in 20¥J took place in Rotterdam, NettErn5 and was a vèry SlstU1 meeling with the hlghest nUrnb of attendees in our history and resuhed ift a positNe balar. Page 7
THE IKfERNATIONAL SOCIEfY FOA PEDIATAIC AND ADOLESCENT DIA8EfES (A Compary Llmiled by Guarantee) TRUSTEES. REPORT (coNfiNUED) FOR THE YEAR ENDEO 31 DECEMBER A crucrdl 0ment ol our charitthe aims is to lactlitale 55 to scie[0 and lUca1)n, espeoalty lor young health profes5nalS involved with diabeles. To this end we 5UPPOrt travel gTants Iscaled according 10 geographrAI hxats'onl special tra¥d grants (lull PanOn{ ol tra¥el, registration accommodation lor m8rnb8rs frcffj the developing W). SiarDng Imm July 1. 2020. ISPAD has reduced mernbership and r8gistFath?n fees lor m6ynber5 from UpF4r-midLl1nMe eDurnries a5 well as waived mgmbership fees lor Lo income countsigs. ReseThes Policy Our poIY 15 to maint•'n r¢58rvgs of strtfKxnt funds to provbjg ongoing sUprt for at Ipast one Par of Charity ac1ty. ISPAD eurrentty aims to kpep reserves of £7.000. Th¢ bance ot total reserv85 al the year ènd was £7,487,719 12022.. £1,271.0431 ol whith £1,170.128 12022- £1,135.179) was free reserves, this compaies vrfilh £967,848 al total Irne in the wcrfj ended 31 Decernber 2023 12022.. e848.59n, and £486,413 12022.. £135,864) was restrKted. Conferere ITorne is very unpredthbfe and tr cunent firwckil climate demands Ihal we hold a sIKjhtf inueased reserve. This is considered to be prLvJent s0 in light ol the lact that co¥porale sponsorship has become more cl¥allerKJing to cotain. In¥e$tment Pollcy and Obthes The overridin9 phisophY a1 rdicy 1$ that the Chartywill lake onty minimal risk in order to wesetve funds. The objeclives are 10 gamèrwhen Frt)sytAe. reasonable inieresi on held funds wittl[l acing resÉrves d8y-1041ay lunds at risk. Income: thjring 2022. y again otrtseNed an irreaSe in tal Trbe.rsh? wmber& maiTrty because the in-person onlerence in Atsj Dhabl raised inierew and new members lomi the are& Our Annual Gonlerence in Rottefdam 2023 was Very well attendecl and also affected our meMrSIp numbers. ISPAD will continue lo wo hard In order lo Increase the numbers ol members, boih in sFeo"fic regKJns as well as worfthwide. Regarding Corporate Mémbership nSorshIp. which are extmelY imwrtani sources ol incom& loi ISPAD. the situabon is still uncertain. So lar. all key sponsors have m&fjlained their cornrnitrnents. Still. wè arè aware that the situation many ol our Coworat8 al¥Yat0rS are uncethn. and should nol take th8ir supF%)rt lor granted lor the upcoming years. The Annual Conlgrence in Rotterdam 2023, reslI8d in a w5Ve bdarKe. Thi5 Yfd5 th because ol an increa58 in numbgr ol amendees and increase in Sponsorsh income, p05itllY influenced by the atiatioTr of our meetiro in EufOFe. There are sb'll, and Will m(Jst likgfy akways be. UnrtntieS respecls lo thp loaOn and format o158veral ol ISPAO core act[ve5. This irlUdeS wr science 5choo15. both lor phySlan5 and heathare providers, the ASPEO-ISPAD-knlly Academy. CDIC iraining. ADECA Irairring and linally the Allan Drash lellow5hips. The restrict¢d luTrJing from Oifierent swIns$ lor these activibes wll dgpet)Y on the actiwries, format lin-person or virlual}. These acttvth'és are ol coursg very Imprtan1 for ISPAD as so¢iety. and we have to be flexible. dynamic and pragmatic to maMlwn a5 many as thwn as well. evèn IIM>ugh lh8 Sibjatn causgd by the pandèmt may return. In summary, trEre a more rths and u18alnt19s ihan usud in lh& ojrrent srtuation. Nonetheles5, th& linanci situatiort is very safe vthhin the liscal year 2023 due lo headroom given by the high lgvel ol reseThes. The Trustees undertake detad planr•ng and lorecasiing auoss the year. Due to this, the Trustees belTrpve that the Gharivs financial resources. strorrfJ rewès $lOn aNI contingèrty pFanning is SLrftoenl to allow the Charrty to continue as a gDing corKern IDr the foreseeable lulu, being at least 12 mty)ths from the date ol approval of these tinarLi41 statements. Tre are no rnater urwtanb.es about Ihe ability io conb.nue aThY thereloia lirwicid stai¢rw)Is have bggn pr9pared on a going con¢om basis. Page 8
THE INTERNATIONAL SOCIETY FOR PEDIATAIC AMD ADOLESCEMT DIABEfE8 (A Company Llmll¢d by Gu•r•niee) TRUSTEES REPORT (COPrnHUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Looklng alod ISPAD has increased engaggmenl wfth patient athacy groups thjrfng Ihis repyting year. and has encourag& them to meet at oijr Annual Conlerenc8s and to publici5e the work and mission ol ISPAD. ISPAD ha5 play a maior role in commurocation with the cLvnmunity about COVID-19 sale wactus elfects on the diabetes c(¥nmunty durir@ 2021. and continued s¢ in 2022. Our Artnu ConferenrA l¢r 2024 wll te on siie in Listyjn, Portugd. At the annual maèting Ihe Sctièty will akn c¢lebrate ils 50th annNer5ary. Du¢ 10 the COVID-19 paThJem. Ihe imemaDonal 0)nfitS and dimate chaNJes. Ihe financ¥ si1va)n is sllll challenging rules and {UlatI(S I¢y SUPFrf from Industry have chang&J mwno It morg di1111 lor ISPAD tD recave corporate membBrship lees or $F£cit grants. We are grateful for Ih05e who have been able lo continue to suFyort ISPAD. For this reason. ISPAD offers diff8rgni 19vds lo b8come a corporate memkr or sponsor, wlh thfleTent ben9tts. ISPAD, to enhancè its a"0$hip ¥th cornpan. organizes a Speerf and Strateg meeiing (Corporatè A(fvisory Board Meelingl annualty vitth all comparias during its Winter Meeling. Slnce 2019. thi% rreefjng has been laking place adjacent ts the AThD (Athanced Technologies and Treatments in DHbetesl in iyder to erth maximum industry attejae. Furthemiore the ExeoJtNe Board Members meet with iThJuslry partners al the &Jmmer Meating (raking ADA - Arnerican Diabetes Assoclaiionl and ol ¢our5e during the ISPAD knnuai COnferere in aulurnn evwy year. Tth8 iT7voud yFar for cDrpDrat8 membership is now the Cdendar year (January to D8rernbgrl. meMbshiP paymènts are tecoming ircreasingly importarf: The number ot lapsed mernbgrs might be Signfficarniy reduced by irnprovlng Ihe payment pre$S and the p)ss"forfities lo interact wth other memters. In order to improve paymen1 of membership Ipes and to overwme some tethnical issuas. ISPAD has qU¢ed K.l.T Group GmbH lo improve the membershw system aThJ 9Xtend on the overall 8xp9rignce to enrol membgrs in ISPAD acliwlios. Now, after 9 years Irorn its implom&nlatior) the 5yBlgm awears io working well and memberthip had been Sieadily increasing every year urknl COVIO-19. As we hoped, %%e tould stabilize our Membérship aThY 51ighlty Incr our MamlShIP iFume in 2023. W8 ale aimirwJ to fvrther increase our membership thje to the upc(wnirrfJ Annual Conlererte in Lisbon. Portug. To et)hance the member eXperIee and modernize its online presence, ISPAO will be launchiTrJ a new memtership sollware and an UFgraded webwle in 2024. We sffil an1pate that ISPAD will likely lace the latg consequgnces ol th$ COVID-19 pandemic and glo inllabon in the VOrning liscal years. We exped that some corporate members and sponsors may withdraw as their fInla1 siluation is uneertain. Although others may tecome new memters, we may See a reduction in lola) corporate members and sponsorships. Athough we are organising the Annual Conference on-site in presence and hybriy moje. we are unsure how the iise in Ilight gri¢es will affect tyaveElSng aTrJ thus conoress acliwly and parDcpalion. There1, maintaining reseryes of sufftiem lunds are more Important than ever for ISPAO. Wg have atso inttiated a revksed a¢counling system lor invoicing to rfOrnied by K.l.T. Gr¢wp in ¢onjun¢li¢ with and approv by the ISPAD Treasurer. This sy51em 15 designed to provwje redundancy and avoid rnissing opportuntb.es lor ISPAD fundin9. Charhy Govemène2 Code ISPAD aims lo address seven princpks of the Charity Govemance hltpsJfvhWW.charityqovernancecode.ofglenfftoM.page Organisn purpose." lo lacilitale the misSn ol ISPAD to impiLTve the IN&5 of children, adolgscgnts and youTrJ adufts wrth th"abele5 wOrkIde. To do this we provth forums, b)th written Iguidplines, e-Leamingl and faCe-tlaCe Iscientilic meetings, scienco schools lor ysiCianS and lor alld heathcare prolÈssionals, and postgraduate course51, lo #tp¢ians and wolessionab bvho prowde care foi young pwle wth diabetes. We have three rnn pillars to achieve wr misstln: Science. education and a(fvocacy. Page 9
THE IiifERNATIOIIAL SOCIEfY FOR PEDIATRIC AND PXK)LESGENT DIABEfES (A Compony Llmlied by Guaranteel TRUSTEES. REPORT (CONnNUED) FOR THE YEAR ENDED 31 DECEMBEFI a)23 Leadership: the Tfuslees wmprEe an Executivg Board an(1 ore aovwf by an Athsory Committeg. We lake co119CtNé respons11 lor ihe 8oard's deciwns. Th9.-ples ol ead) Trus1ee are cbady identsfied Iwinler Executive M8eting Fetrfuary 20201. SIre 2017, the Executtve P4)ard now inCdeS Cornmunications Oirg¢1ty lo lalilitate ellte comrnunication with the membership and communty. Inlegrty", the Executive Board acts with integrity and is consaous ol how il is pèrceN9d by membership and the pu. A corp)rate baison officer was 4yiinted In FebrLraiy 2018 to assist ¢ommunication and perceptwjn in the communty. the.DLateS Onlinp Communty. inckJcJing corwmer'bkyJgers" W8 facilitate their meetings * our Affinu Conference and meet yh them al meeting5 Organed by the ¢CsuMèr organIzart Chiklren Wth Diabetes (February 20201. Conllcts of interest are declared. Decision-makirtg, nsk arbJ trol.. the Board makes sure that 0raon plans budgets a in line with Ihe charity's purkw. The Bowd irNested in foThvar(I planniry by expÈnsÈs lor rppresentatwes to meet and teach in Ia[2016-2O2Dl, the country wilh Ihe second largest number ol ¢hibJren wiu) diabetes. at in Alfica12019. 2020, 2022. 2D231 Board effectiveness", Ihe Board ath$ 8$ an effectNe team encoufages members 01 Ihe Aoisory Board to 88t up Sk)8ual IrrteTe5t Groups al the Annuaf Confnce Oaobef 2017 onwards. Tiuslees are el11ve of their performance and thscuss aroas tha1 be strengthened. Equality. Diversity and InclusKJn.' the Board encourages dversity in the membgrship ol eomrnittees, and in Speci non-kthFician Lx)sthns on Ihe Aiknsory Board. OFxnness ar accountknlty,. the Board commurucates Mth the membership by the Annual General AA8eling arKI by monthly newslIerS senl by email. The Pr•sKlènt vrtiles Speci messages sÉnce 2017 ieh can te sourced on Ihe Sooetys website. Th"e Artnual Report 6 circuted lo tha Memb9rshrp and 1$ availe lo the Public. Statement of Truslees, ResponsTbililies The Trustees (who are also directors ot the Iritemalional Society Pa&Yiatric and Ad0Scent Diabetes lor ihe purFxises ol company lawl we responsible for ppIng the Trstee$, Annual Report a1 the finanelal gtatements In accordance with applicab Liw and Unil&J lfjThJdom Generally Accepled Accounting Practice Iunited Kingdom Accounthng Standards). Cornpany law requices Ihe Twsl8es to prepare financial statements for each hnancial year. company law the Trustees musl not 8pprove the linancial $teMentS unless Ihey are satisfd that 1hey give a true and lair view ol the Stale ol atfair5 of the Chantable Company arNJ ol the incoming resources and application ol resources, including ihe income a1 gxpendibJr8. ol the Chariie Cornpany for that Fqriod. In preparing thpse financi slalements. 1he TnBtees ale required to- select suitable accounting poli(x and then apwly them consistenlly. ofJs¢rN¢ lh¢ methods WryCiFle5 in Ihe Charib"es SORP; make judgments and estimates that are reasonatAe ark1 pnjdènt., skte whether applicable UK accounling standards have been folked. subjectio any maierial depare$ disclosed aNI explained in the tinancial SlAtementsond prepare the linan¢al s18tements on Ihe goiNJ nCern basls unless it is inar¥Jropriale to presume that the Charitat4e Company Ylill continue in business. Page10
THE IiifERHATIOI4AL SOCIEfY FOR PEDIATRIC AND ADOLESCENT DIABETES (A Umhad by Gu•¢antee> TRLISTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 OECEMBER 2tr23 The TnJste8s a spOnsIb for k99ping adryate accwning thal arg SuffnI lo ¥how and expl&n tlp. CharitaL4e CompanV6 Irarysactions. disclose ith reasonaL CuraY al any tiThe ihe linanBid p05iliDn ol the Chwrtthe Company arKI et7*"e thern to ensufe that the linarKial siatemen15 cornply with the Companiès Act 2008 and thé prothsioris of Chanty's ¢S"tUb"On. They are a150 resPlSe tor safeguarding the assets ol Ihe Charity and hence fcf tskiro a$¢mable steps lor ts prevern.on and detecb.on of IiaLKI and" èther irregularities. The rewjrt ol the Truste has bèen prepar•1 in a¢¢ordan¢e with $val provisions relating to Sm1 companies subject to thè small companies regimèwithin 1S of the Companres Act 2[$. Approved bythe Boarrl ot Trusiees of The Irrtemalional StY Pzediatr¢anO Adotescenl D"iabetes on 2710b12 24 and slgn6kJ on its behall by: Trustee Page 11
THE INTERNATIONAL SOCIETY FOR PEOIATRIC AND ADOLESCENT DIABETES (A Company LIMit by Guarante¢l INDEPENDEtIT EXAMINERE REPORT FOR THE YEAR ENDED 31 DECEAIBER 2023 Indepeftdeht Examinerfs Rewrt ta the Trustees ofThe International Society for Pediatrlc and Adolescent Diabetes {Ihe Charity.) .1 report lo the charty TrueS on my examlnalfjon ot the" atroLJnts of Charty lor the Perio ended 31 Decemtrtr 2023. This report made 801ely ih& chawliae Compan In•st8es. as a bLKJy, in a)rd wth Chapter 3 of Part 16 01 the Corhpanies Act 26 and the charitable compatys truslees as a b)ty in accorda& wlh sèction 154 of the Charilies Acl 2011. My Independent examne1.$ work has been undertaken so that l rnight stale lo the charitabb cornpanys tsu5tses ItNJse rnatters l am required to State lo them in an indendnt examingvs report and lor no other purtKJ5e. To the fullest extenl pprmilted by L•v. I do not accept or assume re5ponybility lo anyone other than the charitable company. the charitatrAe cnmpanrfs Members as a and the charite companys trnstees as a busytor my iThdependent exarrneS work. f¢r Ihis ferort. or the OFdiions I have formed. Responsibllltles and Basis of Report As the Trustees ol Ihe Chaiity larKI its difectors for the wrposes of cornpany lawl you are resptsnsiblè for the preparation ol the accounts in accordance wlth the requ1mentS ot the Companies Acl 2006 Ilhe 2006 Acl'l. Having Satisfd mysem thal the accounts 01 ts CrtY are not required lo be audited under Part 16 91 the 2006 Acl and are eligible l¢y indwndenl examinatK)n, I report in resFeCt of my examination ol the chty,$ acoounts arri8d out urvJer seaion 145 of the Charibes kl 2011 (Ihe 2011 AcV}. In CaTng out my examinatK?n I have IDllowwJ Ihe Direaivns given lry tr Charity Commi55)n urKler SectM .14S(5llbl of the 2011 Act. Independent Examlnerfs Statem &nce the Chariiys gross income exceeded £250.orKk Èxaminer must be a member ol a body Ilsted In section 145 of the 2011 Act. I confirm that l am oualrfied to uThJertake the examination because l am a member ol The A$slatIOn ol charter Cewtitd Accouthants. which is ol the listed bodies. I have completed my exafflina0n. l ¢onlirm that Th) matters have to my attèntion in cmnection vrith thg examination giving me cause lo bgkn'evg.. accounting record5 were wt kept in respect of the Charity as r8quired by section 386 of the 2006 Act., or the accounts do not accord th those records.. ar the accounts do rnt eompty wilh the aLxounting requirements ol section 396 of the 2006 Act other than any requiremenl that tha accoLmtS gV8 a Irua and fairf. view vthich is rwit a mailer considgred as part of an IndejanI examiria1irJn," or thg x¢ounls have rot yepared in acconce Mlh the melhtyjs and prinoples of the Staterngnt of Recommgrxled Practicg lor accounting a1 reporting by tharilies [appIale lo ¢haritses pteparing 11 accoun15 in accordance with the F*nanCI Rgwrting Stardafd ap1"cate in the UK. and Repjblic ol Ireland IFRS 10211. I have no concems aThJ have cxjme across no matt9rs in connection wilh the examinalDn lo YthiGh attention shQU be dravm in Ihis rgPJrt In order lo enabte a prop[ urerStandIng ol the aUnts to be reached. Page 12
TME It4TERNAflONAL SOCIEfY FOA PEDIATrIC AND ADOLESCENT DIABETES. IACornpgThy Lfmited by Guarantee) INDEPENOEMfEXAMINERE REPQRT.(coKfiNUEDj FOR THE YEAR ENDED 31 DECEAIBER 2 Ualed: 27 September 2024 LL8 FCA FCIE Dch Helen Btundell Crowg U.K. LLP CharteFed ArAunrants .Btrack Counlry House 'Rouhd5 GTeen Roatt Oldbury West MidLands 869 20G Page 1.3
THE INTERNATIONAL SOCIETY FOR PEDIATRIC AND ADOLESCENT DEABETES (A Campny Lfmiw by Guwwrteè) 5TATEMENf OF FINMKIAL ACTIrIEs VNCORPORATING INCOME J4D EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 DECEMBER 20rJ Total Tot nds 2022 nds lund$ 2023 Income from: Donabons Charitable activities:" Memtership income Copoiaie s)n90r$hi) income Corporate membership JDRF Fellowship Conference firme Ottw income.. Royallies 47 47 105.698 104696 484413 161,136 144,.J05 316,918 132.876 156,652 84.585 13,255 486.413 161.136 201.696 118S8 201,696 118se Total income 481A35 486.413 967148 848.59? Expertditurè on". Gtsritae activit 414155 331917 751.172 730.4YJ Tctrlal expènditure 414.255 336.917 751.172 730,4 Net In¢on Translers beeen funds 67,180 132.2311 149.496 aiY31 216ffj76 118.174 14 Net movement in lunds 34.949 181,727 216.676 116,174 Reconclllatlon of lund*. Total furttts 091 forward Net movement in lunds 1.135.179 1,271.IM3 216,676 1. 152.869 118.174 181,Ti7 Total funds carried torward 1,170.128 91791 1.487.719 1,271.043 The notes ori pageg 17 10 33 form pan ol these fmncial ststemwts. Page 14
niE INTERNATIOIIAL SOCIETY FOR PEDIATrIC AND ADOLESCENT DIABETES (A Company Limited by Guar¥rtee) REGESTERED NUMBER: 06641016 BALANCE SHEEr AS AT 310ECEIA8ER 2023 2023 2022 Note Curr¢nt assets Debtors Cash at bank and in hartd 141,699 1,8317tr2 285.838 1,572,277 1,974.401 a,,115 Creditors.. amounis falling du8 h1T• one 12 1450.341) (543,8251 Net CUTrpTrl as5etS 1 24.060 1.314,290 Tolal assets less ¢un¢nt liabilities 1,524060 1,314,290 Crodilo¢s: amounts lalling thje after more than ce year 13 136a41) 143,247) Total net assets 1,487.719 1.271,043 Chaiity funds Restricted funds 14 317.591 1,170,128 135,864 1. 135.179 Unrestricted lunds 14 Tol81 lunds 1,487,719 1.2n,043 The Charity was entitled to gxemption Irom autht urrjer st]n 477 01 lh& cnpanieS Act 2006. The members have not rewired the company to obtain an audil lor the year in qUestiC li acctsrdance gecrion 476 01 Ctjnpanies Act 2CQ6. The Trustees acknowledge Er responsibiSties for comklwng wth lh8 wuirgfflents ol Ihe Act wth r8spect lo accounling records a[ preparalion of finwKial stalemen The financial Statèrnts have been prepared in aCurda1 with the provisions ¥@icable to gntitw SLknjecl to Ilie small cornparues regirne. Th8 Inar1 statemwrts were appro and athhorised fof issue by Trustees on 2710912024 and signed ofi Ihoif bel1 by.. Dr Sabi Trust Holer notes on wJes 17 to 13 fom part crf theseffinane1. stalements. Page 15
ThE itrffERNATIONAL SOCIEtY. FORPEDIATRIC AMD ADOLESCENT DIABÉTÉS {AConwaiiy Limited by Guarantee) STATEMENT OF CASH FLOWS FOR ThE.YEAR ENDEO'31 DECEMBER 2023 20 Note Cash 11owsfvom ¢Jperaling actlvltte5 Net cash Irom 0{an9 acuvtlies 16. .260.42S 155.87a hange lff cash and Cash equivalents In the year 'C&8h and cash Uents at fhe l)eginniry 01 the year. 155.870 1,S722n 1,416..407 Cjsh ar eash ¢quivthnts ot the end pl Ihe year" 17 1,832.702 Y.572.2 Tha nole5 on pages 17 to 33 Iprin pwt ofthewIanC1aI 5talemenfs Page 16
THE INTERNATK)NJL SOCIETY FOR PEDIATRIC AND ADOLESCEIU DIABETES IA coMTrY Umlteo by Gu¥r#ntÈel NOTES TO THE FI14ANc STATEMENTS FOA THE YEAR ENDED 31 DECEMBER 2023 Ger01 iDlomwtion The Inlernaiional Society tor Pediatric arml leScent Diabètès IISPADI is a charttatAe rA)mpany, liMd by guarafflee. IregistraiK)n nvrnber C6641016 EnglarKI & Wales) and the Charity Clynmlssion Icharty" n(tmber 1126927). The regislef&J Off adoress is Flaffison cla RKkgtys Limit, Ellenb)rouQh House, Wellinglpn Stregt. CFEttenham, Gk)ucesl8rshire, GL50 IYD. mino pollrjes 2.1 Basls of prep8Mion ol ancIal stmeTht$ T8 linanciat stalemwts fvvesenl inforfflab.on atKMrt Ihg Charity as an Indwdual und9rtaking. The ¢JJrren1 perbod Es lor the yEar ended 31 Decethr 2023 1'2023'I. The pnor period Is lor the year endir¥ 31 December 20221'202ZI. The finaftci statements hawe been prepared in accordance wilh the Char(ties SORP IFRS 102> - AccountirvJ and Reporting by CharitEs: Stalement ol Rgmrnmended Practice apWice lo charit prepariro their aoUnts in aordance Ythh Finar.GJal Rgwwtir¥J Standard appkab19 in the UK llepublic ol I180 IFRS 1021 lellecbve 1 January 20191, thè FInalat RekK>rting Standard app'iabl& in the UK and Rewblic of Irejand {FR5 1021, the mpanIeS Aei 2006 and the Charites Ac12011. The Internationa Society Ior Pediatric aThY Ath)lescent O£abetes mfets the definthon ol a publ benelit enlty under FRS 102. Assets and liabilitS are inibally recognLsed al historical cost or traknsaction value unless otherwse staled in the re12vant accounts'ng policy. 12 Golng concem The Tnjstees have urKfertak•n detail¢d Flanniry loreca5Dny and ¢tsntinug to ckjsely monitor persi%(ènt global un¢ertainlie3. inclwJir#J inllatuary pressurp$ arKI geoFrJrtical instability . Although the Trustees observed a Fosiiive conlerence ino)me in 2023. there are still uncertainties over future corporal8 tncome Income and costs assoclated wlth conlerencfrs and other èducational F¢wJrams invohting travd and kjgi5b.cal expense5 Desptte these challenges, the Tmstees believe Ihat the Charrtls fina1 restyjrces. strong resèrves posrtKJn and conts"ngency plqnniro $ Sullicnt io ¥low the Charity io continue a5 a going COrM for the foreseeable fuiuFe. teing at least 12 months from the dale ol approval of these financial statements. There are no Mat1 uncethrnieg oLrt lh8 ability lo conlinue and thereforg the financial statefflents have ljeen wepared on a gcing concem basis. 2.3 In¢ome Income Ss recognlsed In the financial siemerns when the Charty has enlillemenl lo Ihe lunds. 11 15 probable Ihat the i1e wll te recelved and the amount can bè mèasursd reliabty. Membership income is Tecog¥1 in kne the financial year. Kkrrbership inrne lor future years 15 deleTed. Page 17
THE INTERNATK)NAL SOCIETY FOR PEDIATRIC AND AI)OLESCENT DIABEfES {A cOmnY Limitsd by Guarantee) NOTES TO THE FINANCIAL STATEAIEpirs FOR THE YEAR ENDED 31 DECEMBER 2023 A¢¢tIng polrcies {conlinued) 2.4 Expendilure All expenditurè is accounted fc on an aecnjals bags. Support costs are app)rtioned to cost actNrties based on the lMated amoL•nt a1trbLtlab to that cost in the year on the basis of tt)e estimated lime spe. nl on that aclNity. The irrecoverable element ol VAT is indudee wth the item of expensB lo which r( relates. Chartiable actmthes comprise 1 expendlure CUThed relating ttrlhe objects ol the Charity. Granrs are recogniseil %then a CONnb¥e (ligallon arises that resvlts in th8 payment being Unavoab1e. GoverrwTh cost& ldUd& the Costs eonneeied 4vith the Cl*$ constitub.onal and staiutory requirements. Charitable activitFgS are Costs incurred on the companrfs Dp9rations, including support costs and costs rdating to the govemancp ol the CDmpany apFortsolled lo ¢lwitable acbwties. 2.5 Fo>yn euffen¢ies Monelary assels and liakn'lities IknomiiateAJ in forewn currencies are Iranslated into sterling al rates of exchange njliro al the reporting da. TraraCtionS in fOJn currencles are tranated into sierliThJ rhe rale rul0 on the thle of the transaction. Exchange gains and l)sses arg recognised in Ihe Sialemenl ol Financi Acliwties. functional rurr8nci&s Df ISPAD are considpred lo bè Euros ar¥J US DolL4rs CaUse these are currencies used ty Ihe memters ol the Society in Ihe primary ettjnomic environrnenl in whth the tharily operate5, Europe and the rest of the world. The financial statemenis are presented in t)ounds Ste[ng. 2.6 Taxation AS 8 registered Chaity the entiiy is enb.tled to &ixation exemptK)ns on all its income anfl gains, proFerty appliedtor its charitable purFX)se& 17 Deblors Trade and other debtors are recognisgts al the settkment amount after any trade discovThi offered. PrepaentS are valued al the amount pfepaKI. 18 Cash al bank and in hand Cash reFrfesgnts(I by cash in hand and deFosits IMth linanraal institutions. 19 Creditors Creditor5 are recogni5ed once there is a legal or con5truciive cijligation that cDmmits Ihv Charity to the Ob1Jati0n. Page 18
THE INTÉRNAnoNAL SOI)E FOR PEDIATRIC AND ADOLESCEFn DIABETES IA Company Llmlled by Guarantep) IIOTES TO THE FINANCIAL ATEmEl{rS FOR TMEYEAR ENDED 31 DECEMBER 2023 Accountlng polldeg Iconllrwgdl 110 Financial instruments Th8 Charity onty has finala1 assets and fincial liabrtieS of a kind tha1 wlty as bas financial Insinjments. 8ask'linancial Irtrymen are initially T8¢cJnised at transaction value W sub9equenfjy measur&Y at thew seiNem¢nt valua. 111 Fund a¢¢ounling Unrestrted fvnds expeble al dtscretion of the Trtsstees in ftjrtherance of 'eetives and administralion ol thè Charity. Restricted funds ar8 to b9 Usèd lor sp8cifi8d purrxjses Ild down by the dorrtir. Expendituto for thosè pul50S is charge(I fo lh8 rèsthcted luTrl. Critical accounting es11mates and areas ol" ludgaiienl Preparaiion ol ihe fbnanc&qf statements requiros management io make any SKJnilicant eslSmates and judgwnents where necessary. The items in the financial statements where malerial eslimalgs and judpwnents have hen made I]ude.. Impalml of dtorS The chanty mak.es an èstim*e of the reWel?e value of mecnbehp debtois. When asse$$ing Imrment management CA)nside hislorical experience. See note 10 lor the net carryrttJ amounl of Page 19
THE INTERNATIONAL SOCIETY FOR PEtXATFIIC AND AI)OLESCENT DIABETES (ACompaTry Limited by GuaraTrle•) NOTES TOThÉ AMANCIAL STATEAIENTS FOR THE YEAR ENOEO 31 DECEMBEA 20fJ bnalysls ol expendmute on charh4bl• a¢ii¥ttleg Sjmmary by lund type Unreslrfctod Restrloted funds fund$ 2023 21T23 Total 2023 PAembershp costs Conference costs Grants and Prizes Inole Sj ISPAD Science Schcol for Physicians ISPAD SCnce schcd.for Heth¢are Professnal5 pcpETcWA Resèarch aThJ projec .Allan Drash Fellowship Discovery oi Insulin jchikiren's Book) FID-ISPAD Aesearch Granl ISPAD GuKldines. ISPAD-JDRF Fellowshri l)ther 291.638 75.351 42,070 4.308 295,946 .75.361 100,970 79,052 27,030 13,730 79,052 27.030 13.226 291 251 2.697 2.697 ?9,298 39,296 39.562 1.985 Totsl 2023 414.25S 751.172 Page 20
THE INTEBPIATIONAL SOCIEfY FOB PEDIATRIC AND ADOLESCENT DIABETES IA Company LIDthed by Guarantee) NOTES TOTHE FtrIANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Anal1$ ¢1 expendlture on éharftsble activities (¢ondnuedl Summary by lurKI type (conllnued) unstrICte0 Restncteo fvnds fund 2022 2022 rofai 2022 meMrShip costs Conference costs Grants and Prizes Inola6) ISPAD" Science School Iw Physic•ans ISPAD.SciencÉ Schoo"1 lor Heaare Prof9sgonals PETCAIPETCWA Research and pro*s Allan Drash Felb)wship Discovary ol Insulin Ichddren's Bookl FID-ISPAD Research Grart ISPAD Guidelines ISPAD.JDRF Fèlloytshp Other 146,255 75,229 26.575 146,255 6,804 45,117 33,377 45,117 23.5LXL 1.744 115.076 2, 759 42.684 18,153 161, 127 65.402 2.116 1,744 (20,714J 135.750 2,759 42,897 16. 748 Y40.520 65,402 (213) 2Q,SOi Tota12022 25S.002 730,425 Page 2t
THEIKfERNATIONALEOCIETY FOR PEDIATBIC.AND ADOLESCENT DIABEfES '(A Comp•ny'Llm6W by Guwantee) NOTES TO THE FIN%CIAL STATEMENTS FOR THE YEAR ENDED 31 DÉCEMBER %723 Anatysis ol expernlilure by acliviti £tiv•ties undertaken directty Support Sts 2023 Total funds 2023 Memtership costs" Conferee costs Grants and Prizes Inoie 61 ISPAD StnCe School lof PhYslanS ISPAD Scnce School.1 Healthcare Prolessionats CDIC Grani Allan Dr8sh"Fellowship Discovery ol Insultn IChi&Jrens Bookl FID-ISPAD R8s9ar¢hGrant ISPAD Guth1ine& ISPAD-JDRF Felbwsh¥> ADEGA 41987 67.825 90.873 77.471 "24,057 13.661 48,282 253.959 295,946 75,361 100,970 79,052 27,030 1Q.097 2.973 69 10,598 58,BBO 291 16,372 2,697 39,296 41,547 16.290 2.670 34,S80 41.547 27 4.716 Total 2023 459,534 291,638 751,172 Page 22
THE INTERMATIOPIAL SOCIEff FOR PEDIATRIC AND ADOLEXENT DIABEfES A Company Lknlted by Guaranto9) NOTES TO THE FINANCIAL STATEIAENTS FOR THE YEAR ENDED 31 PECEMBER 2023 Anatyslg ol expefidiiuie.by actItte8 (continued) Adivthe undertakeTr Swrt costs 2022 rotal lunds 2022 2022 ember5hpEosfs Conlerence sts Grantsand" Prizes (note 61 ISPAD s'ertce" School lor PhysiCn5 ISPAD So'ertce School for HetarE Professionals PETCAJPETCWA Re5earth and projects Allan Drash Fellowship DisEovery of Instilin (Child'S 8ook) FIO-ISPAD Research Grant ISPAD Guidelines ISPAD-JDRF Fglkiwship Olher 54,414 67.706 90,039 44,215 20,915 91,841 7,523 J,3&8 902 2,585 148255 75229 33,3 S,112 23,500 1.744 l 15,076 2.759 42.684 18. 153 161. 127 6S4Q2 94.362 2.759 42.471 2Ct.714 213 182 19,335 141,792 65.402 5&7,781 146,642 730.423
THE INTERNATIONAL SOCIETY FOR PEDIATRIC AND ADOLESCENT DIABEfES (Acompw Limlted by Guarantee) NOTESTO THE FINANCIAL STATEMENTS FOR ThE YEAR ENDED 31 DECEMBER 20tJ Grants aRd prizos 23 2022 'ial Trayel Grants Young Invesligator Award ISPAD Prize lor Innovation Lestradef AwaTd Standard Travèl Gra& Hero Awar Prbze W1nrg Other Travel Grants 11424 436 J.853 1W3 1,053 S496 21..791 100,970 DelIS of tre nnerS of ISPAO pryzes and lelt0wsh1 available at. v.isp'ad.ow.page-ISPADPrrLeWirineFI. All grants, prizes and fdIowships a io indmduals. Ouring theaT grants were paid to 57 indivK*Jals. Page 24
THE INTEANATtrM4AL SOCIETY FOR PEOIAtRIC AMD ADOLESCENT DIABETES IA Company Limtted by Guarantee) NQTES TO THE FININCAAL STATEMEKrs FOR THE YEAR ENDED 31 DECEMBER 2023 Suwort costs 2022 Meetlng expenses Irourance 8ank Charges CredfÉ Card fees IAembership Dues IAan*gement charge Prinb"ng. posta9e and stationery AdverDsing and womotion Research and Education Governance costs lThlepeTrlent Examirwrfs tee5 Prglessional lees Le9 fees Exchange h)ss/ (gain) Webinars Sundry 1.936 4. 106 3. 183 4,961 16?,397 37 4,369 4,363 4,853 193.3D7 17,171 1.751 10,OCKI 1,369 434 24,8YJ 51,341 2.369 36 (65,268) 38P 291,638 146.642 Exchange rate galnAoss Thi5 is nol a tradiThJ '(gn11th5, as ISPAD doe5 trade CUeTleS. It 15 an 'accounting adJUment, and rewesents the drfterence In value of non-sterfiro bae5 at the year epd in comparison to the start ol the.year where drflerent exchange rales were in effecl. As an examF4e a balance 01 $10,000 ai the siart ol the financiJ year mghl be vffjrth £7.600 lat a USDIGBP exd)ange fate of 0.761 and al Iho end ol th• year that mwJhl have changed to £7,870 lal a USDIG8P èxchanoÈ rate of 0.78n. This would result in an aFvarenl gan of £270 whita in fact ther8 had è4en no Chajg to th8 $10.(M)O h9kJ. The forewJn exchange knss is induded in supwrt Costs and was £119.81212022.. £65.269 g&nTr. Independent Examlnerfs lees The lThJgpgndgnt examinerfs fee reported in 2023 was £I0.(MY). The lee reFQrted duTlThJ the prior year t5 significanfjy highpr because th is the lirst year that an axrual ts beiro input into ihe a¢count5 10 indudp the Current year lees. The Ipjure reFQrted in 2022 is made LQ ol lèes lor 2022 of £9,$00 and lees for 2021 of £15.323. Pagé 25
THE IiifERNATIONAL SOCIEfY FOR PEtXATRIC AND ADOLESCEvf DIABETES (A Company Umltod by Guarantee) NOTES TO THE FINANCIAL STATÈMENTS FOR THE YEAR ENDED 31 DECEMBER Ithdepèndf t1nerf¥ Yernuryaoon 2023 2022 Fees payabte to Chartys iwerthnt examiner lor the independent eyamlnation ol Ihe Charivs anTrU accounts" Fees payable to the Charrtrfs irhperKknt examhier in respect ol.. AJI a5suranGg riDtirKaud8d aljove 21.82J Tiustets. remunerallon •nd expenses During the peric•J, no Trustees re¢ve(l any MUn¥411)n or other benefits f2022- fNILJ. During thè riod ered 31 December 2023. oxpensos lotsjliryj £9.156 were rgimbjrsod or paid diwlly to 7 TDJSt99s (2022. £7.225 to 3 T{usl8esJ. Expenses lated lo travel. accomodation and subsister8. 10. Koy managernent r•muMralion Thè Trustees arKI Execubve Board are kèy m8nagamènt o! Ihè charty. The key management does not receive any remuneration for their sentice5. 11. Deblors 2023 20 Due iYithiTh one year Trade debtors Other debtors PrePaEnts a1 accrued irKCe 285,B38 91,225 1ffi33 141,699 285,838 Page 26
THE Ii¥fERNATIONAL SOCIEfY FOR PEDIATAIC AND ADOLESCENT DIA8EfES (A Company Llfflitedby Guaranlee} IK>TES TO ThE HNANCIAL STATEMENTS FOR ThE YEAR ENDED 31 DECEMaER 2023 12. Creditors:.Amounts famg due Within one yoai Trade creditors Ac¢ru* arKI delerr80 i(Koing 183,830 266.511 245,55CI 8.275 450,341 543.825 2Q22 DeleThed Irme at.1 JanLWy 2023 Resources deferred during the year Amounts released Irom yewous periods 136.687 114.539 (125.6061 261.708 126,479 (251.440) 125,620 138.687 Deferred. income relale5 to member5hp svb5crpbons, corFbyat8 membership for futu'ra years and the JDRF FeRDW5P.- 13, Credhors:.Amounts lalllng due after than one year 2023 2022 A¢cruals aThJ delerred income 36.341 43,247 Paga 27
THE IiifERNATIOIIAL SOCIETY FOR PEDIATrIQAMD AOOLESCEfr4T DIABETES (Acompany Llmfted by Guar•nteel NOTES TO THE HNINCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 21)ZI 14. SlemeDt of funds ol funds- rrent year Balance at 31 Twansfers Deeember Iout 21Y23 Bnce al 1 January Inoome Expendlture Llnrestrictod funts Génèral Funds . all lurKts 1.135.179 481.435 1414.255) 132x31) 1,170,128 Reslricled funds ISPAD SSHP 7.$49 {21330) (58.880) 1801) 9.677 145 17,277 3,254 16.719 20,706 8,960 Ajan Drash FellOhIp InVation Piize Wedcasfjng Swnsorsh43 Young InveslTrgatorfs Award Le5tradet Award Dlswvèry ol Insulln ASPED-ISPAD Lilly Diabetes Posgraduate course JDRF Fell¢Thship Novo NordiskJLily SSP Lily Pfjze for Ac*ieKernent Hero Award ADECA FID- ISPAD GFant ChangiThJ Diabetes in Chiklren 18.078 10,707 14.992 9.251 s12 (295) 1291) 8,809 57,739 16.207 9,618 6,492 18A85 rn450 63,211 (39.2961 (79.052) {4J02> 7.717 399 (312311. (16.372) (80.C Y2.231 16072 217580 4.471 141.984 135.864 486A13 (336,91T) rJi 317.591 Total ol tund$ 1.271.043 967W8 (751.172) 1.487.719 Page 28
THE INTERNATIONAL SOCIETY FOR PEDIATRIC AND ADOLESCENT DIABETES (A Company Llmfted by Guornntee} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDÉD 31 DECEkqBER 2023 14. Stslenwit of fvnds (¢ontlnu•d) Balance at 31 Transfers Decambei 4(rfoul 2022 8a18nce al l Jufy 2020 Unr8sirf¢ted funds General Fur$ - all fu 1,067.861 375.027 {273,929J (33.780) 1.135. 1 Tg Restrl¢lod lund$ tSPAD SSHP Innovation Prize Wedcasbno SnSorShV Young Investigator's Award Leslradet Award Dtscovery ol Insulin ASPED-ISPAD Lilly Diabeies Posgraduale Course JDFIF Fellowship Lily Piize lor Achievement Hero Award ADECA Changiry Diabetes in Chikken ISPAD Guidelines 20 28.933 106,391 6. 181 (21.384) {115,076J (1,749J 7.549 8,685 13.646 3.254 6.877 18.079 3.254 10.707 14,932 (7.0971 (1,097) 5.975 12.070 P,759J 9.251 2.453 34.876 3.911 156.652 42.349 5.999 {7411,520J (45,117) (2,193J (669) {16,748? (65,402? {42,683) 18,585 7,717 8.528 16.567 ADECA FID. ISPAD Grant Changir@ Dithles in Chiklren 42.687 4.471 4,471 473,570 {456.494J 33,780 135,864 Tolal o.f funds 1. 152.869 848.597 (730.423) 1.271,043 Page'29
THE IiifERNATIONAL SOCIEfY FOA PEDIATRIC AND ADOLESCENT DIABEfES {A Company Umiied by Gu4r¥ntse} NOTES TO THE FINANCIAL STATEMEpirs FOA THE YEAR ENDED 31 DECEMBER 20fJ 15. Slalernent ol Funds {continuedl ISPAO Scienee School lor HWth¢are Professlonals This is lunds to suppJrt the &"ere Sctrwl lor Healthcare Professionals which b a three day coursa in the field of childhoc<J diabeles lo lear7about research devewient. ststistics and grant wriling. Allan Drash FelEo¥tshlp Jlan Drash was one of ISPAD'S Ijnj menthrs 8rKI in IMS memory ISPAD offers 8 6 week clinical fellowship. Appiulion5 are invit&1 Irom membws b8ltrw 45 y8ars ol age. A report must iE submitled 10 the ISPAD Steering Gomnjllee Yathin 1 year after felloKhip. The ISPAD Prlze for Innovation In Pedlairk DFabetes Ca spMs0 by" NovoNorOsk within thetr DAWNTPA Youlh Initk41ive. this prize is for atw prol8ssional. group or tndividuJ Ytho has made a sigrifnI Inon-commerciall inrM)vation in pediatr diabetes carg. DAWNT Youth is a glo prggiamffle io ouidg the wKler diabetes comrnunty to address the unmpl needs ol young Fe0• wtth diabet8$, Iheii families. peer5 and heathcare profession5. Thi5 priza PLrts 1hg loGus on labe$ ift ¢hiI4hood by recognising inrw)vations to srnprove heahh arKI qtjality ol Carg lor children and young people. Disc¢very 01 InsuTr 100 years ol the discovery of insulin was cektated in 2021 aTrl 2022. To celebrate. ISPAD prepared various comrnunicaiions across its websrte and social media. A "comic bjok" wa5 devLsed lor young people Ilnsulift". The 1ncreth.ble Dfjscovèryl. describing the discovery DI Insulin {wiih drawir¥Js by Retcca Redmond arYJ siory by Jade Bwèl. The com¢ book was th"sseminaled at sevefal Meengse¥ents 1&81 year. Webcasting The webcasting fund was inilially ¢reat8d lor costs related to ISPADS fiist wettastiro Platform in 2014 (Annu Conlerehce in Tctronlol. Since 2015, ISPAD has a new Resource Platfonn, Igr ¥hfii¢h the funding and laId wsts are now managed as part of Ihe confer9rKe budgeL managgd by k.i.T Gioup, in ck)se collaboratKn wilh ISPAD. The IspASpED Ully diabel•s postgraduate course The ISPADIASPEDILaty diabetes posigrathjate course Ipremoustry dascribed as th& Post Grad Course Arabian) is an inib"ab"ve from ASPED in collaLKwation wrth ISPAD. Tha aim of the cr$e is to empower and upyate PhysAnS wacti¢ing in the Arab countries whts are involved In the ee ot yourvJ pe¢Fle wlh c*abeies arEd is inierKted to be a platfDrm to Sh expertise. researth L1evetoynent in the field ol &abeles. ISPAD JDRF Fellowshlp JDAF has sKJned a Mou wth ISPAD vrith the aim award each year l(Y three years srting in 2017. four grants of $25.000 to award the four besi research pmjerts submiued by young researchers. who are ISPAD rnembers. aged 40 or telow. The oranl can be spent in a hosting cenler ol excellence bul also at their own cenler. Novo NordisklLIty SSP 2018 These are luThts to supwrt the Science Schod lor Physicians. rernainirvJ r8slricba furKls are ¢SJnalKJns or grants must be awarded lo individuals. Page 30
ThÉ INTEANAT10141L SOCIEfY FOA PEOIATAIC AMD ADOLESCENT DIABETES IACompany Umited by Guarantso) NOTES TO THE AN¢1L STATEMENTS FOR THE YEAR ENDED 31 DECEIIBER %)23 15. Stalempnt ol Funds (¢ontinued) Hero Aw8rd This award Identif and hornurs n-clInIc1an& from arnd the orld wlK have develoFed projects 411th a broad impact, Ihus conlributs.ng lo im{VIng and Iransfomiing the Iwes ol many young people Mlh diabetes. More intormaion can bp fouThJ here: hI1¥.1spad.Or&qSPAoHERoAWARD. ISPAD Guldellnes 2022 ISPAD'S Clintcal Pfaltce consensu5 gutdelines are the onty cDmprehensNe set ol clinul recommendabons for children. adoleents. and y(xJng aiJhs wth diabeles worlthvide. Aulhors Inckhye experts from across tho glrt and a cfpter on limitsd care fo( d8veloping heahhcare systems has also been developed. A Qat amount ol work ts inYol¥ed in reviewir#J the50 cwgrs Bvgry lour years. In order to ensurè consislenry aTrJ sotid resèarch a¢ross all ¢hapler5, ISPAD pakj lor the suwort ol a freèlancing prryeet ofh"cÈr to help wrth his specilic assiynrnertt. Ttr final set of guideli for 2022 a aVwIab here.. hllpsjtW.1Sp8d.orWpage1I$PADGu1etInes2O22 ADECA The Allied Heallhcare Profe5sionats Pediatric Diatetes Edtor Course for Africa IADECAI 15 a d4abetes educatton and management course that targets qualified nurses and allied heath profesonalS wotl(ing in Africa and irains them to become diabet8s educatots. AOECA is a hybrid course whlch Sncludes a c¢)mbination ol E-lèaming and in person (faCe--latel modules. Flf>lSPAD Grnnt This grant is for ISPAD members, weterabty below the age of 40. The scope of the research grant ts rela1ed to the identifi¢ation ol a cure lor type 1 diabetes, meaning a procedure or therapy thai can ensufg tho normalizalion and mwnlenance over b.me of a normal glucose in 1he absence of exlewnal insulin adrnini5tration. Thi5 Category indudes kYojeBts on pathogenesis. prediction, prevention, bgta-cell TépIrnent. or9an and Ceu.trp1antatsoD. tissue regeneration slem cÈlls, gene Iherapy. Ex111Y excluded from lundirty is research on ir6uts"n, drugs. glucose sensor lechnobgles. or Insulin infusers. whth portain to pharmaceutul and biotechnology companies. Also eycluded is research related to COMFIat)n$ ol dialles aThl research ielate(J to type 2 diabetes or foryns ol diabele5 other than type 1 diabetes. The FID-ISPAD Research Grant Fyogram is onty open lo applkants Irom ntrnyolit institutions or groups ol sh Instiluliotis. One recipenl pw year Is selec11. and receiv9s a lunding amount ol EUR 2S.000 lor their research. Changlng Dlal>eles In Chlldren Changir4J Diabetes in Chikfren partnered with ISPAD in 2019-2022 wilh developing training malerial aNI workshops In Cam18 io raise awai9 about TID. The funding came from ISPAD and the Deursche Gesellschaft lur Internalmin8 ZUSammenae1I IGIZ). Thi5 lundlacbwty has therefore been renamed to ISPAD-CDiC- TID TrIng ICamb]dial. Changing Dial>etes in Children (CDIC Thgre is a very receni agreement120231 with CDIC. whi¢h will bè felevam forthe year end 2023 8ecounls. Changing Diabg189& in ChblJren is a publicgrivale partnership eslablished in 2009. The partner5hlp PfovKles comprehansive car8 IOT children and young people INing wsth type I diabBle5 ill k)w- and middle- income countr. This includ¢s freg lite-savirrfJ m¥0 and supplies for Fersons up to 25 years ol age. Page 31
THE INTERNATKhYAL SOCIETY FOA PEDIATRIC AND ADOLESCENT DIABETES (A Company Umlted by Guawt8e) NOTES TO THE HNANCIAL STATEAqENTS FOR THE YEAR EMDED 31 DECEIABER 2 Transle Ovring the yéar eftded.3l DeceThiber Iranslers were made as lollows". Translets totallirvJ £91231 to the AOECA furKI as this was only by reslricled lurKIs. 15. Analysls of net aasets between lunds Analy31s of ner assets beNeen"lunts- cuffem year Unrèstrl¢led RestrIc[j lunds 2023 Total funds 2023 2023 Current assets Creditors thJe vthhin ong year Creditors in morg Ihan one yoar 1,491,118 1284.6491 136,3411 483.283 1165.6921 1,974,401 1450.341) 136.341) Total 1,170,12& 317.591 1,487,719 Analys1$ ol net a55els tweEn funds- wior pprK UnrestiKtea Aestncteo Total lunds 20 2022 2022 Current assets Credrtors due wthin oneyear Creditors due in more than ce year 1.526.917 (348,491J (43,247) 331, 198 1.858. 715 (195,334) {543.825) (43,244 Total 1. 135, 179 135.864 1.2TI,043 Page 32
THE IrirERNATIONAL WCIETY FOR PEDIATR AND ADOLESCEMT DIABETES {A Company Limb1 by Gu•rnnlee NOTES TO THE FINANCIAL STATEMENTS FOR ThE YEAR ENDED 31 DECEMBER 2023 1.6. Re¢on¢iliation of net movemont In tunts l(i rnt ¢a$h flow from op•ratlng acli¥lti•s 2022 Nel Income for Ib?ar las per Statement cl Fwiancial Activths) 216,676 118,774 AdJugtment$ for: {SreaSe)1 decrease in debtor> Increase in creditors 144,139 {1LK>,3l (82,660) 120.356 Nei ¢ash provlded by op¢railng 250,425 155.8ro 17. AThas ol M8h •nd ush equlvalents 2023 2022 Cash in hand 1,832,7Q2 1,572,277 Total cash and cash equivaleDt5 1,6J2.702 1,572,277 1& Anatysis ol thanges In nel At31 December 2021 At 1 July 2020 Cash flows Cash al bank arKI kn hand 1.fr2.2TI 260825 1 m2,702 1,572,2Tr 260N25 1032,702 19. Related party trnnsaclions The Charity has entered Into ary rdated party iransaction durtro Ihe year. nor a there any OLtstanding balances wng bètswgn relaled partKes and Charity al 31 Decgrnber 2023. Page 33