Annual Report for the year ended 30 September 2022
Trustees’ report and unaudited financial statements
Annual Report for the year ended 30 September 2022
Academy of Medical Educators Neuadd Meirionnydd, Heath Park Cardiff CF14 4YS aome.org Company Number 05965178; Registered Charity Number 1128988
Contents
Regulatory Information
| Regulatory Information | |
|---|---|
| The Academy’s Council | 2 |
| Trustees’ report | 4 |
| Structure and governance | 5 |
| Strategy and future | 6 |
Review of Activities and Achievements 2021-2022
Company Secretary: J Read Registered Office: Academy of Medical Educators, Neuadd Meirionnydd, Heath Park, Cardiff CF14 4YS Independent Examiners: Independent Examiners Ltd Unit 2, The Broadbridge Business Centre, Delling Lane, Bosham. PO18 8NF
Bankers:
Nat West Bank plc St Paul’s Branch Juxon House 98 St Paul’s Churchyard London EC4M 8BU
| Membership and assessment | 7 |
|---|---|
| Professional Standards | 8 |
| Education, events and external relations | 10 |
| Developing medical educators | 12 |
| The British Student Doctor Journal | 13 |
| Equity, diversity and inclusion | 14 |
| Financial Statements | |
| Financial review | 15 |
| Statement of trustees’ responsibilities | 16 |
| Independent examiner’s report on the accounts | 17 |
| Statement of fnancial activities | 18 |
| Balance sheet | 19 |
| Notes to the fnancial statements | 20 |
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The Academy’s Council
Professor Jacky Hayden CBE is President of the Academy. She has a number of other roles including Non-Executive Board Member at Plymouth Hospital NHS Trust. Edu; ED; M; Po; PS; Att 12/12
Professor Alan Denison is Dean of Postgraduate Medicine, NHS Education for Scotland (North Region). He is co-chair of the AoME Professional Standards Committee. A; Po; PS; Att 4/12
Professor Louise Dubras is Foundation Dean of the School of Medicine, Ulster University. Louise was re-elected to Council in April 2022. A; Edu; ED; Po; att 3/5
Lynne Allery is Reader and Director of Medical Education, and Programme Director for the MSc in Medical Education, at Cardiff University. Lynne was re-elected to Council in April 2022.
M; Att 3/5
Dr James Ashcroft is an Academic Clinical Fellow in General Surgery at Addenbrooke’s Hospital with the University of Cambridge. Att 0/5
Dr Lisa-Jayne Edwards is a GP trainee based in Oxford. She is co-lead of the Developing Medical Educators’ Group (DMEG). D; Att 4/5
Professor Paul Baker is Deputy Postgraduate Dean HEE NW. He trained as a Geriatrician in the North West. Paul chairs the Specialised (formerly ‘Academic’) FP sub-committee for UKFPO. Att 1/5
Dr Mohamed Elhassan Abdalla Elsayed is a senior lecturer in Medical Education at the School of Medicine, University of Limerick. Edu; Att 4/5
Julie Browne, Deputy Chair of Council has been involved with AoME since its inception. She is Senior Lecturer in Academic Practice at Cardiff University. Edu; ED; M; Po; PS; Att 10/12
Dr James Fisher is a Lecturer at the University of Surrey, and works clinically as an Occupational Health Physician.. He is a founding member of DMEG and is one of the co-leads. He was elected to Council in April 2022.
D; Edu; Att 2/5
Professor Aidan Byrne is a Consultant Anaesthetist and Honorary Professor at Swansea Medical School. He leads on the accreditation of courses for the Academy. Aidan was re-elected to Council in April 2022. M; Po; Att 3/5
Professor Andrew Grant is Emeritus Professor at Swansea University. He is the Academy’s Honorary Treasurer. Andrew was re-elected to Council in April 2022. A; Edu; M; PS; Att 6/12
Professor Nick Cooper is Medical Director, Physician Associate Studies, Peninsula Medical School and Director PA Schools Council. He is Chair of the Membership Committee and Lead Assessor. A; Edu; ED; M; Po; PS; Att 6/12
Dr Anna Jones is Faculty Development Lead for the MBBS at GKT School of Medical Education, King’s College London and teaches the Masters of Clinical Education. Anna was elected to Council in April 2022.
Council members usually serve a term of three years. Elections are held each autumn and all Members and Fellows in good standing are eligible to nominate themselves.
Professor Andrew Smith is a consultant anaesthetist in Lancaster and Year 4 Director at Lancaster Medical School. A; M; Att 1/5
Dr Melvyn Jones is an Associate Professor at UCL Medical School, Head of primary care teaching at St George’s, and a GP. He is co-chair of AoME’s Professional Standards Committee. A; PS; Att 5/12
Dr Katy Stevenson is a GP Trainee at the University Hospitals Plymouth NHS Trust and previously Clinical Lecturer at The University of Plymouth.
Dr Ratna Makker is an anaesthetist, and a simulation educator trained at Harvard & accredited by ASPiH. Edu Att 1/5
D; Edu; Att 3/5
Dr Claire Stocker is Phase 1 Lead for Aston Medical School MBCHB, Senior Lecturer and Honorary Reader for the University of Buckingham. She is chair of the Education Committee.
Professor Liz Mossop is Deputy Vice Chancellor (Student Development and Engagement) at the University of Lincoln. She is a veterinary surgeon. Po; PS; Att 4/5
A; Edu; Att 8/12
Professor Harish Thampy is a clinical academic working as a GP alongside his role as Professor of Medical Education at the University of Manchester. Harish was elected to Council in April 2022. Edu; Att 3/4
Dr Russell Peek is a paediatrician and Director of Medical Education for Gloucestershire Hospitals Foundation Trust. A; M; Att 4/5
Dr Lewis Hendon-John is a co-opted member of Council. He is a co-founder of DMEG and leads on the Group’s Educatalk podcast series. He is an anaesthetics registrar. D; Edu; Att 2/5
Dr Jim Price is a clinical academic (GP) at Brighton & Sussex Medical School and Programme Director for Postgraduate Courses in Medical & Clinical Education. Jim was elected to Council in April 2022.
A; Edu; Att 3/4
Professor David Croisdale-Appleby is the lay-representative on Council. David’s extensive experience and expertise in medical education is invaluable to the Academy. Att 3/5
Dr James Read is the Academy’s Registrar. He is Dean of Medical Education and Director of the Centre for Medical Education at cardiff University. Edu; ED; PS; Po; Att 8/12
Dr Angharad Davies, Professor Adrian Freeman and Professor Gabriel Reedy stood down as Council members in April 2022. The Academy thanks them for their service.
Council members take roles on standing committees and working groups:
A = Assessor; D = Developing Medical Educators; Edu = Education; ED = Equality and Diversity; M = Membership; PS = Professional Standards; Po = Policy; Att = number of Council and Executive meetings, including strategy day, attended
You can find out more about the work done in all of these areas later in the report.
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Trustees’ report
The Trustees (who are also directors for the purposes of company law) present their report and the financial statements of the Academy of Medical Educators for the year ended 30 September 2022. The financial statements have been prepared in accordance with the accounting policies set out on pages 20 and 21, and comply with the applicable law, the Memorandum and Articles of Association and the requirements of the Charities SORP (Financial Reporting Standard (FRS) 102).
Objects and activities
Under its Articles of Association, the objects for which the Academy is established are the advancement of medical education for the public benefit in particular by:
a) the development of a curriculum and qualification system;
b) undertaking research for the continuing development of professional medical education; and c) the promotion and dissemination of best practice in medical education.
The Academy of Medical Educators is a professional organisation, working nationally and internationally, for all those involved in medical education – the education and training of students and practitioners in medicine including physician associates, dentistry, and veterinary surgery. It aims to provide leadership, promote standards and support all those involved in the academic discipline of medical education. Through its Professional Standards, which serve as a guide to curriculum development, the Academy provides a recognised framework so that those in education can demonstrate expertise and achievements in medical education through accreditation as a medical teacher to an agreed national standard.
Public beneft statement
The Council, comprising the Trustees of the Academy, has referred to the guidance in the Charity Commission’s general guidance on Public Benefit when reviewing its aims and objectives and in planning the Academy’s future activities. In particular, the Council considers how planned activities will contribute to the aims and objectives it has set.
The Trustees confirm that they have complied with the duty to have due regard to public benefit guidance published by the Commission, including the guidance ‘Public benefit: Running a charity (PB2)’ in exercising their powers and duties.
The Academy is founded on the recognition that the development and improvement of the training of medical practitioners will be to the benefit of the health of the general public. The Academy’s activities in furtherance of the objects defined above directly address the maintenance and improvement of standards of medical training and practice, to the direct benefit of patients.
The Academy’s activities are open to all who are able to benefit from them. Special rates are offered to students. Council does not consider there to be detriment from its activities or work.
Structure and governance
The Academy of Medical Educators was instigated at an informal meeting of interested medical educators and leaders held at the Royal College of Physicians in January 2006. It was then founded in October 2006 as the professional standard setting body for medical educators in the United Kingdom, becoming incorporated as a company limited by guarantee under the Companies Act 1985 on 12 October 2006. Formal elections were held in October 2007 and in December 2007 the first President, Professor John Bligh was elected for three years. The Academy was registered as a charity with the Charity Commission for England on 2 April 2009.
The Academy is run by a Council of Trustees who are also the Directors of the Company. Members of Council are elected by the members of the Academy, with additional members who may be appointed by Council. From April 2022 Council comprised 24 elected members, including the President. Honorary Officers and chairs of committees and working groups were elected by Council drawn from their number. The Honorary Officers and Council set the strategic direction of the Academy. An Executive Committee (comprising the President, Honorary Officers, chairs of standing committees, and Executive Director) is responsible for overseeing the financial and administrative management of the Academy. Four full Council meetings, a Council Strategy Day, and seven Executive meetings were held during 2021/22.
In the elections in November 2021, confirmed at the AGM in April 2022, Lynne Allery, Aidan Byrne, Louise Dubras, James Fisher, Andrew Grant, Anna Jones, Jim Price and Harish Thampy were elected for three years from that date. David Croisdale Appleby accepted Council’s invitation to serve a further term as lay member.
The Academy staff team consists of Executive Director Tony Carlisle, Event and Finance Officer Jodie Burnett-Wren and Membership Officer Paul Yeboah-Afari. After an increase in Jodie’s hours in 2022 she and Paul both work 0.8 FTE, which has allowed for increased office cover during standard working hours.
As the Academy has grown and matured, team roles have become more specialist and in 2022 the Academy’s Council agreed the new individual job titles above. While, as a lean team all members are prepared to provide help and advice to trustees, members, applicants and partners, specific responsibilities are: Tony leads the team and is responsible for strategy, Council liasion, governance and development; Jodie maintains financial records and is the central contact for all subscription queries, as well as leading on conference planning and logistics; and Paul manages the Membership and Fellowship application and assessment processes and is responsible for accredited course administration.
The team continues to be based at Cardiff University, but practises blended working. We are, as ever extremely grateful to Cardiff University for the support it provides to the Academy.
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Membership and assessment
Strategy and future
At its annual Strategy day in February 2023 the Academy’s Council focused on the ways in which it can achieve its three strategic objectives while ensuring that the Academy reflects the needs of a diverse and changing medical and healthcare education workforce. The framework below is a distillation of the strategy.
Three charitable aims of the Academy: a) the development of a curriculum and qualification system;
b) undertaking research for the continuing development of professional medical education; and
c) the promotion and dissemination of best practice in medical education.
Through engagement with the medical education community we will pursue our aims. In doing so we will pursue an active policy of equality, diversity and inclusion
Activity Through good governance and • Policies • Staffing effective administration • AGM • Diversity • Budget Activity Through the Professional Stand• Principal Fellowship • Reach ards for Medical Educators • Review • Non-member/partner • Influence engagement Activity Through a rigorous and effective • Assessment • Prizes and Awards recognition scheme and relevant • Early/developing Careers • Course accreditation member services • Member Engagement Activity Through the provision of valuable, • Conference and Events • RTE/Member to Fellow to relevant, Education and Profes• Online programme Principal Fellow resources sional Development resources • Publications
Within each of the four main areas of responsibility activities were identified and Council, committee and working group leads committed to their development. You can read about the progress and plans we have made against these objectives in the rest of the report.
An important outcome of the 2020/21 lockdowns and the greater importance placed on social distancing has been a shift in the overall policy on face-to-face versus virtual meetings and events. The Academy’s Council now meets online by default, coming together in person just once a year usually. Other committees and groups including the Assessment panel and the Developing Medical Educators group follow the same model. Availability and attendance at meetings has improved as a result and all teams have adapted well, with no detriment to the way we communicate and make progress. Following two successful online AGM’s the Academy intends to keep this format, as attendance and engagement across all membership categories has improved.
In addition, webinar output has increased and this has enabled us to engage with an even wider audience. Our annual spring/ summer conference remains a face-to-face event and is much looked forward to as a culmination of all the online work we do.
In August 2022 Professor Nick Cooper was elected by the membership to be the next President of the Academy of Medical Educators. Nick will take up the role at our AGM in 2023 at the end of Professor Jacky Hayden’s second three-year term of ofce. The Academy is immeasurably grateful to Jacky for her tremendous leadership, enthusuiasm and wisdom during her Presidency.
During the period 2021 - 2022 the Academy’s membership exceeded 1250 Members and Fellows in good standing.
New Applications 1 October 2021 to 30 September 2022
Renewal rates 1 October 2021 to 30 September 2022
| Membership Category | Application | Subscription | Membership Category | Subscriptions | Subscriptions |
|---|---|---|---|---|---|
| approved | remaining unpaid | due for renewal | renewed | ||
| Associate Member | 40 | 19 (48%) | Associate Member | 56 | 35 (63%) |
| Student Member | 2 | 1 (50%) | Student Member | 4 | 2 (50%) |
| Member | 185 | 15 (8%) | Member | 721 | 615 (86%) |
| Fellow | 20 | 0 (0%) | Fellow | 265 | 241 (91%) |
| Total all categories | 247 | 35 (14%) | Total all categories | 1046 | 895 (86%) |
| All categories, previously lapsed, and newly | 1258 (141%) | ||||
| admitted members in good standing |
These figures represent an anual growth rate of approximately 19%. Over 62% of members pay their subscription by standing order or direct debit. As ever the response to subscription reminders from those who do not have direct debit or standing order mandates is also very good. Take up of Associate Membership following approval of application is still relatively low but from early 2023 Associates will pay their first year’s subscription on application which will make it easier for them to begin their membership and involvement with the Academy.
The Assessment Team continues to meet quarterly, which helps them to benchmark their assessments of applications and also keeps them up to date with developments within the Academy. Assessors do the essential job of reviewing and giving feedback on every single application for recognition we receive, be it student, Member or Fellow. They do their best to ensure that applications are processed in good time, while maintaining rigorous standards of fairness, quality, and consistency. Assessors can be Members or Fellows of the Academy, working at a level appropriate for assessing applications for Membership and Fellowship. Training and support are provided.
In January 2022 the following were active assessors:
Dr Mohamed Abdallah, Dr Natasha Archer, Dr David Beaumont, Dr Aaron Braddy-Green, Dr Brian Carlin, Prof Nick Cooper (lead assessor), Dr Paul Crampton, Dr Deborah Douglas, Prof Louise Dubras, Prof Andrew Grant, Prof Richard Hays, Prof Mary Higgins, Dr Melvyn Jones, Dr Mahzuz Karim, Dr Mohammed Ismail Khan, Dr Zahid Khan, Dr Adam Livingston, Prof Pramod Luthra, Dr Mohamed Mortagy, Dr Robert Namushi, Dr Russell Peek, Dr Jim Price, Dr Shuaib Ahmed Quraishi, Dr Aylur Rajasri, Dr Sanjay Ramamoorthy, Dr Amtul Sami, Prof John Sandars, Dr Claire Stocker, Dr Gareth Thomas, Prof Michael Vassallo, Dr Phillip Xiu.
Accreditation and AccreditationPlus
Before its planned launch in October 2022 a group led by Professor Aidan Byrne and Dr Jim Price finalised the criteria and guidelines for the new AccreditationPlus scheme. The established accreditation scheme remains open for courses designed to support and develop the abilities of a medical educator who is in a formal educational role and six new courses were admitted between October 2021 and September 2022. AccreditationPlus recognises that candidates are engaged in becoming professional medical educators through completing a high quality medical educational course that has assured that they have developed both a high level of medical educational scholarship / practice and that they have committed to promoting the aims of the Academy. Specifically, it recognises that the reflective work completed as part of the course is equivalent to the 500-word piece of reflective writing that is currently required of all applicants for Membership and Fellowship of the Academy of Medical Educators. We are very grateful to the attendeees of our June symposium in Nottingham, Recognition of Excellence in Medical Education for their enthusiasm and input on our proposals for the scheme.
The full guidance for accreditation is available on our website. The launch will be phased, with existing courses being supported through the transition to AccreditationPlus if they choose to apply. Resources for course leads and applicants are in develpment.
Application through the accredited course scheme remains the most popuar route to MAcadMEd. Of the total Membership Applications in the period over 90 % were through the accredited course route
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Professional Standards
The Academy recognises that medical education is distinct from teaching in higher education in general because of the central place that patient care occupies not only in teaching and learning but also in assessment and feedback, and in quality assurance.
In September 2021 the Academy launched the fourth edition of the Professional Standards for Medical Educators.
The Academy’s Professional Standards Framework makes explicit the values, skills, knowledge, and practical capabilities required of those engaged in medical education. and has been developed in wide consultation with the international community of professional medical educators.
The Standards framework is outcome-based and generic in nature. The Standards are designed to be inclusive, empowering, and relevant to all clinical and non-clinical medical, dental & veterinary educators, irrespective of role.
“Medical education has become increasingly important over the fifteen-year history of our Academy, and we felt that it was timely and appropriate to review, update and augment our Standards to reflect the professionalisation of medical educators across the United Kingdom and internationally. Our Standards have always been the cornerstone of our activity ensuring that those who are responsible for the education of doctors, dentists, veterinary surgeons and physician associates are able to achieve excellence, thus contributing to high quality patient care.” Professor Jacky Hayden CBE, HonFAcadMEd, AoME President said
Previous editions of the Standards have been adopted by the General Medical Council (GMC) to set expectations of all medical trainers holding recognised positions. This edition has built on the first and second editions, using the strong evidence base of AoME’s four core values and five domains; it includes an additional fourth level to reflect the growing number of senior educators who hold educational leadership positions, influencing the education of health and social care practitioners as well as veterinary surgeons. This edition was developed after wide consultation across AoME’s membership and with key strategic organisations and individuals responsible for the education of doctors, dentists, veterinary surgeons, and physician associates. The Academy is confident that these Standards represent an authoritative consensus statement on the values, knowledge and behaviours that can be expected of a medical educator.
The Academy uses the Standards to assess applications for Membership and Fellowship; they will also form the framework for a new category of Principal Fellowship which will recognise excellence in educational leadership. We are proud of the number of educators who have already measured themselves against previous editions and have joined the Academy. The Standards can also be used in job planning, appraisal, and as a framework for professional development. The Academy anticipates that the addition of a fourth level will encourage their use in supporting and developing those who hold, or aspire to hold, educational leadership positions.
In the year since the launch of the new edition we have had the opportunity to promote the Professional Standards at a number of conferences and events (see page 11), enhancing awareness of the Academy within our community and discussing how the Standards can support educators to achieve teaching excellence. We are continuing this work and with our members’ help are influencing recruitment and promotion criteria within the healthcare and higher education sectors.
Membership and Fellowship – HESA recognition guidance
Our statement on the recognition against the Professional Standards by the Higher Education Statistics Agency (HESA), and equivalence with AdvanceHE, bears repeating and is helpful for individuals and institutions deciding on a relevant Standards framework.
“The Academy of Medical Educators (AoME) is the multiprofessional organisation for those involved in the education and training of students and practitioners in medicine, dentistry and veterinary surgery. The AoME has developed a set of Professional Standards[1] which are an explicit statement of the values, skills, knowledge and practical capabilities required of those engaged in medical education. Individuals can seek assessment and recognition of their teaching practice against the standards at Membership and Fellowship level to gain the MAcadMEd or FAcadMEd postnominal. Assessment is a formal, peer reviewed process overseen by an embedded governance structure within the Academy.
HEI’s are required by HESA to collect and submit data relating to the academic teaching qualifications of academic staff. To assist HEIs in submitting data relating to the AoME accreditation scheme, colleagues with confirmed MAcadMEd or FAcadMEd status should be submitted under the 08 code – “accredited as a teacher of their subject by a professional UK body”[2]. This entry is of equivalent status to holding a PGCHE or AdvanceHE recognition, negating the need for these qualifications in addition to AoME recognition for the purposes of HESA returns. “
[1] See https://www.medicaleducators.org/Professional-Standards [2] See https://www.hesa.ac.uk/collection/c19025/a/actchqual
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Education, events and external relations
Education, events and external relations
As we emerged from the COVID19 Pandemic in 2021, like many organisations the Academy reflected on the way it uses its resources to meet its educational and profile-raising objectives. While face-to-face events are still very important for sharing ideas and giving an immersive educational, professional networking and social experience, we have also embraced the opportunities to reach more educators through shorter online sessions without the expense or inconvenience of travel.
Supporting Members
Recognising that many of the Academy’s Members aspired to Fellowship, the Academy developed a handbook and slide-deck and held two workshops in October and December 2021, facilitated by experienced assessors, which sought to demistify the Fellowship application and give practical tips on how to apply. The sessions were followed up with an online ‘drop-in’ in February 2022, where further advice on applications in progress was available. Since the events approximately 30% of the attendees have gone on to make successful applications for Fellowship. More workshops and support sessions are planned.
Working with our Partners
The Academy continued to be an active member of the Developing Excellence in Medical Education Conference (DEMEC) organising comiittee. Jacky Hayden, Julie Browne and Tony Carlisle have roles on the committee and other Academy Council members were involved in promoting the conference through social media and reviewing conference abstracts. The 2021 event, on 6 and 7 December, took a hybrid format for the first time and was a great success. Keynote speakers included Professor Charlotte Rees, Head of School of Health Sciences, University of Newcastle NSW, Australia; Professor Shafi Ahmed, surgeon, teacher, futurist, innovator, and entrepreneur The Royal London Hospital, London, UK; Professor Victoria Brazil, Professor of Emergency Medicine and Director of Simulation, Gold Coast Health Service, Queensland, Australia; and Professor Chris Whitty, Chief Medical Officer, Department of Health and Social Care, UK.
In the Academy’s 15[th] year we were delighted and privileged to have Sir Ken Calman himself as the Calman lecturer, at DEMEC. Sir Ken gave a fascinating interview style presentation with the co-founders of the Academy’s Developing Medical Educators’ Group (DMEG) Dr James Fisher and Dr Lewis Hendon-John.
- We were very pleased to be able to renew our partnership with the Royal Society of Medicine in 2022, offering discounted membership and member benefits.
In October 2022 the Academy was ordered under Rule 9 to respond to the Infected Blood Inquiry. Professor Hayden’s evidence was accepted and she did not need to provide oral evidence to the Inquiry
The President was honoured to be Professor David Croisdale Appleby’s guest at the Harveian Oration in October. The address given was from Dame Anne Johnson - Pandemic HIV and its legacy for medicine and global health.
Professor Hayden also attended the 70[th] anniversary celebration dinner at the Royal College of General Practitioners in November and heard the James Mackenzie lecture delivered by Professor Dame Helen Stokes Lampard.
Professor Hayden joined the second meeting of Care Under Pressure 3 in November which is an interdisciplinary research programme that aims to understand the causes of mental ill-health in health professionals, across specialties and career stages, and make informed recommendations to tackle this problem.
AoME Insights
The first event in the Academy’s Insights series Tackling the imperative: Moving interprofessional education from the periphery to the core took place on 23 November 2021 and was very well attended. The session featured a stellar panel of experts giving their views on how to move the IPE agenda forward and challenge thinking, and gave stakeholders an opportunity to inquire and debate.
Following this excellent inaugral event, Insights has continued to deliver webinars, workshops and panel discussions addressing topics of interest to our members and the wider medical and healthcare education community. Our second Insights event, A reflective model for medical education, was in May with global experts on reflective practice Beverly Wenger-Trayner, Etienne Wenger-Trayner, and Professor Tim Dornan together with the Professor Andrew Grant and Julie Browne.
Promoting the Professional Standards
Throughout the period Academy Council members and staff attended a number of events and meeting where we were able to promote the Professional Standards and engage with members and non-members across the country. These included:
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The All Wales School of Emergency Medicine (AWSEM) one-day Emergency Medicine educational conference for trainees and healthcare professionals, in Pontyclun, Wales, in May
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The Academic Foundation Programme conference 2022, in Bristol on 11 June
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The Your Career, Our Future - Medical/Dental Careers Conference in Edinburgh on 1 July
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The ASME Annual Scholarship Meeting Future proof medical education: Practical wisdom and adapting to change, on 6-8 July
We would like to thank the organisers for the invitations and very warm welcomes we received.
Conference: Recognition of Excellence through Accredited Courses in Medical Education and Re-energising Medical Education: New Era, New Ways of Teaching and Learning
These two events took place at the Albert Hall Nottingham on 14 and 15 June respectively. They were our first face-toface events in almost three years and we were delighted with the level of interest and interaction from educators.
Recognition of Excellence in Medical Education was a half-day symposium held in June, in Nottingham, aimed at organisers of PG Certificate / Diploma & Masters programmes in Medical or Healthcare Education. Keynote speakers were Dr Anton Saayman Director of Educational Improvement and Governance, Health Education and Improvement Wales (HEIW) and Professor Andrew Grant. Our panel of course leaders led discussions on how best to support students of postgraduate and undergraduate medical education programmes. The feedback from delegates on plans for our AccreditationPlus scheme was exteremely helpful, and we hope, with their input we have sown the seeds for a new community that shares ideas, advice and best practice around both post- and undergraduate medical education resources.
Re-energising Medical Education was our annual summer academic meeting. Like many other organisations we took the decision to cancel our main 2020 event and then to hold a virtual conference in 2021, and it was good to be back in a live venue. The conference showcased the work of many early career and much more experienced educators, through posters, short presentation and workshops, all exploring the creative and adaptive approaches in medical education developed during and since the COVID-19 pandemic. We are
grateful to Professor Nisha Dogra and Dr Susi Caesar who gave the keynote talks How understanding and embracing diversity can help create an open, supportive, and inclusive culture and Why is appraisal like chocolate? respectively.
The Academy is excited to be partnering with the International Network for Health Workforce Education (INHWE) to bring you a 3-day conference in 2023. Learning Together for Clinical Excellence will take place at the Centre for Student Life, Cardiff on 27 - 29 June 2023.
Awards
President Jacky Hayden was also very pleased to confer Honorary Fellowships on Professor Sheona MacLeod and Professor Bill Reid as part of the Calman lecture and awards ceremony session that always closes the first day of DEMEC.
At our AGM in 2022 the President awarded Honorary Fellowship to Professor Hisham Khalil, Head of the Peninsula Medical School; and at our June conference to Professor Nisha Dogra, Emeritus Professor of Psychiatry Education, University of Leicester, and Professor Stephen Riley, Dean of Medicine, Cardiff University.
Further events are planned for later in 2022 and 2023, the next being The Future of Dental Education in December 2022.
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Developing medical educators
The British Student Doctor Journal
The Developing Medical Educators Group (DMEG) aims to promote the development of early career educators including doctors, medical students, dentists, physician associates and veterinary educators, and to provide support to new educators in gaining recognition by the Academy.
The group is open to all early career educators who are Student, Associate or Full Members of AoME. Full information about joining the Academy can be found on the website.
DMEG is a vibrant interactive community, hosting quarterly seminars and networking events, an annual conference, DMEG Podcasts and workshops.
DMEG was very excited to host its first virtual conference on 21 September 2022 - DMEG’s Zone of Proximal Development. Many Academy members in their early careers chose to present their work and DMEG was honoured to welcome keynote speakers Dr Jamie Read, Dean of Medical Education, Cardiff University and Dr Lewis Potter, Geeky Medics.
Following the success of the 2022 event another online conference is planned for 4 October 2023.
DMEG’s Medical Educatalks Podcast series has also been an incredible success. It has pro-
vided experts and senior figures in medical education with a platform to share their ideas with those earlier in their careers, and the DMEG interviewers have been able to reflect back the experiences of those educators who are learning and teaching in dynamic environments. Nine episodes were recoded up to 30 September, with many more in the pipeline.
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DMEG Conference Podcast with Professor Louise Dubras, Foundation Dean of the School of Medicine, Ulster University
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Med Ed Cafe: Our Beginnings with DMEG's Dr's Cara Bezzina, James Fisher, Lisa-Jayne Edwards and Lewis Hendon-John
The British Student Doctor Journal (BSDJ) is a high quality, open access, peer-reviewed, general medical journal, which publishes articles written primarily by medical students. In addition to publishing original research and systematic reviews, it also provides a platform to medical students to express original thought and reflections on clinical practice, student life and medical education.
All content is fully open access, available without subscription and with no authorship charges. All articles published in BSDJ go through a rigorous peer-review process, led by its student editorial team. The governance of the journal is overseen by the faculty advisory board, and the journal is published by Cardiff University Press (CUP) and funded by Cardiff University School of Medicine. The journal is a publication of The Foundation for Medical Publishing, a charitable incorporated organisation registered in England and Wales (1189006), itself a subsidiary of the Academy of Medical Educators.
The British Student Doctor Journal is proud to be the official journal of the Academy of Medical Educators.
The BSDJ is an accredited member of COPE (The Committee on Publication Ethics), reflecting the journal’s rigorous commitment to editorial best practice.
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Reflective Practice with Professor Melanie Coward, Deputy Dean of the Faculty of Health and Medical Science at the University of Surrey
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Interprofessional Education with Professor Liz Anderson from The Centre for the Advancement of Interprofes sional Education (CAIPE)
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Wellbeing in Medical Education with Pete McAllister, Director of Ability Action CIC
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4:. Professional Standards with Professor Alan Denison, Dean of Postgraduate Medicine, NHS Education for Scotland (North Region)
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Primary Care Education with Dr Melvyn Jones, Head of Primary care teaching at St George’s
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Widening Participation with Professor Liz Mossop, Deputy Vice Chancellor (Student Develop ment and Engagement) at the University of Lincoln
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Medical Education Leadership with Professor Jacky Hayden, President of the Academy of Medical Educators
Dr Lewis Hendon-John leads on the Educatalks series
DMEG founding members Dr Jamie Fisher and Dr Lewis Hendon-John had the honour of interviewing Professor Sir Ken Calman, at the Calman event within DEMEC in December 2021.
DMEG collaborated with NACT (National Assocaition of Clinical Teachers) at the Your Future in Medical Ecucation Meeting in Birmingham in June 2022
In August 2022 DMEG members presented a symposium at the AMEE (International Association for Health Professions Education) conference in Lyon, SNAKES & LADDERS: Supporting Early-Career Educators, with colleagues from the Academy’s Council.
Dr Lisa-Jayne Edwards and Dr James Fisher took on the roles of co-leads of the DMEG committee in 2022
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Equity, diversity and inclusion
Financial review
The Academy of Medical Educators was founded to advance medical education for the benefit of the public through the development of its Professional Standards Framework and qualification systems and the promotion and dissemination of current best practice in medical education. Acting in full accordance with its accountability to the Equality Act of 2010, the Academy celebrates, values, and seeks to support its diverse staff, Members and Fellows in its day-to-day work; shaping policy, delivering services and enhancing the overall aims and standing of the Academy.
In addition, as stated in their terms of reference, the standing committees of the Academy uphold AoME’s commitment to providing equity of opportunity for all its members; endeavouring to listen to and understand the needs of the groups that make up its membership and the wider medical education community; not simply declaring its support for minority and under-represented groups, but actively addressing the challenges they face and standing with them against prejudice.
At its annual strategy day in 2022 the Academy’s Council incorporated a commitment that in the pursuit of its strategic aims - to increase and develop an inclusive membership; to maintain and develop financial stability; to increase and utilise influence - it will pursue an active policy of equity, diversity and inclusion. The Council asked Executive Director Tony Carlisle (he/him) to lead on developing a more comprehensive strategy to ensure equity of access and opportunity for our members, partners and stakeholders, trainees, students, and anyone who can benefit from our services and resources.
An Equity, Diversity and Inclusion (EDI) Committee is being formed to advise on the strategy. We are seeking representation on the group from within our membership, aiming to make it as diverse as possible. Where expertise in a particular area is thought to be lacking, we will seek advice from other colleagues, partners, and institutions.
The Academy, as a membership organisation is dependent on membership fees to cover the costs of our activity. This is supplemented by other activity, such as conferences and webinars. We remain committed to ensuring the Academy represents value in an area where there are many membership and training costs. The increase in membership fees that was applied in 2021 and a steady growth in membership overall has helped us to maintain a healthy financial position throughout the 2021/22 period and to end it once again with a significant surplus (and of course we have maintained reserves higher than recommended by the Charity Commission).
Our finances remain healthy but, in keeping with our charitable status, not excessive. We have managed our budget effectively by moving many events to a virtual platform and by restoring our face to face conferences. Both our summer conference and the DMEG conference made a slight surplus which we will invest in further events and resources in the coming months. We have been able to increase our staff hours, thereby increasing our services to our members. In addition by switching accountancy service providers we have made further savings.
During the 2022/23 period the Academy’s Council will dicuss a spending strategy that benefits our membership and fulfils our charitable aims.
The accounts show a surplus of £32,311 (2020: surplus of £26,654).
Overall fund balances carried forward stand at £158000 (2020 £130,744).
Since making changes to our election processes we have encouraged a greater number of candidates in our Council elections who represent a greater diversity of our membership as whole, including gender, ethnicity and career stage. We will continue to work with an external election provider to ensure fair and equitable elections.
Members are strongly encouraged to provide information on their protected characteristics to the Academy via “My Details” in the members’ area of the website. The charts below show the information we hold. There is an increase of approximately 6% of members stating their ethnicity since September 2021 and changes within the individual categories are not greater than than +/- 1%
| Ethnicity Total Not stated 902 (72%) White English/Welsh/Scottish/NI/British 183 (15%) Indian 58 (5%) Arab 26 (2%) Pakistani 18 (1.5%) |
Ethnicity Total White and Asian/Asian British 16 (1.3%) Other 16 (1.3%) Caribbean 11 (<1%) Irish 9 (<1%) Prefer not to say 9 (<1%) |
Ethnicity Total African 6 (<1%) Chinese 3 (<1%) White and Black African 3 (<1%) Bangladeshi 2 (<1%) White and Black caribbean 1 (<1%) |
|---|---|---|
| Gender % Male 62% Female 34% |
Gender % Prefer not to say 2% Other 1% |
In September 2022 the Academy issued a statement in support of GLADD’s (The Association of LGBTQ+ Doctors and Dentists) UK Medical Schools Charter on So-Called LGBTQ+ ‘Conversion Therapy’, and became a co-signatory of the charter. You can read the full statement on our website, where we have also included resources for members who wish to support LGBTQ+ colleagues.
As agreed in 2014, free reserves, (unrestricted funds in excess of amounts invested in fixed assets,) should be held which amount to at least six months expenditure. On this basis there would be a requirement for free reserves of around £93,785.
Professor Jacky Hayden CBE, President
Professor Andrew Grant, Honorary Treasurer
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Independent examiner’s report
Statement of trustees’ responsibilities
The Trustees (who are also Directors of The Academy of Medical Educators for the purposes of company law) are responsible for preparing the Trustees’ Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice.)
The Charities Act and the Companies Act require the Board of Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of the surplus or deficit of the charity. In preparing those financial statements the Board is required to:-
Report to the Trustees of The Academy of Medical Educators on the accounts for the year ended 30 September 2022 .
RESPONSIBILITIES AND BASIS OF REPORT
As the charity’s trustees of the Company (who are also the directors of the company for the purposes of company law), you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (“the 2006 Act”).
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a) select suitable accounting policies and then apply them consistently;
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b) make judgements and estimates that are reasonable and prudent;
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c) prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business;
d) state whether applicable accounting standards and statements of recommended practice have been followed subject to any material departures disclosed and explained in the financial statements.
The Trustees are also responsible for maintaining adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which are sufficient to show and explain the charity's transactions and enable them to ensure that the financial statements comply with the Companies Act 2006 and comply with regulations made under the Charities Act. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The Trustees are also responsible for the contents of the Directors' report, and the responsibility of the independent examiner in relation to the Directors' report is limited to examining the report and ensuring that on the face of the report, there are no inconsistencies with the figures disclosed in the financial statements.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
I approve the attached statement of financial activities and balance sheet for the year ended 30th September 2021, and confirm that I have made available all information necessary for its preparation.
21 April 2023 Approved by the Board on the .................................................................
Having satisfied myself that the accounts of the Company are not required to be audited for this year under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (“the 2011 Act”). In carrying out my examination, I have followed the Directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act.
INDEPENDENT EXAMINER'S STATEMENT
I have completed my examination. I confirm that no material matters have come to my attention which gives me cause to believe that:
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accounting records were not kept in accordance with section 386 of the Companies Act 2006; or
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the accounts do not accord with such records; or
• the accounts do not comply with relevant accounting requirements under section 396 of the Companies Act 2006 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination; or
- the accounts have not been prepared in accordance with the Charities SORP (FRS102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Signed on their behalf by .....................................................................
Print Name:
Dr Jamie Read, Registrar
Signed :
Date : 27.4.23
K Gomes MAAT Independent Examiners Ltd Unit 2, Broadbridge Business Centre Delling Lane Bosham West Sussex PO18 8NF
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Statement of financial activities
Balance sheet
(Incorporating Income and Expenditure Account)
| Notes INCOMING RESOURCES Incoming Resources from Generated Funds Voluntary Income 3a Charitable Activities 3b Other Incoming Resources 3c TOTAL INCOMING RESOURCES RESOURCES EXPENDED Costs of Generating Funds Raising Funds 4a Charitable Activities 4b TOTAL RESOURCES EXPENDED NET INCOMING/ (OUTGOING) RESOURCES Total Funds Brought Forward TOTAL FUNDS CARRIED FORWARD |
Unrestricted Restricted TOTAL TOTAL Funds Funds 2022 2021 £ £ £ £ 30,000 - 30,000 30,000 171,150 - 171,150 152,798 - - - 2,236 |
|---|---|
| 201,150 - 201,150 185,034 |
|
| 12,082 - 12,082 873 163,104 - 163,104 156,215 |
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| 175,186 - 175,186 157,089 |
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| 25,964 - 25,964 27,946 130,744 1,292 132,036 104,090 |
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| 156,708 1,292 158,000 132,036 |
Movements on all reserves and all recognised gains and losses are shown above. All of the organisation's operations are classed as continuing.
The notes on pages xx to xx form part of these financial statements.
| Note Fixed Assets Intangible Assets 2(a) Tangible Assets 2(b) Current Assets Debtors & Prepayments 6 Cash at Bank and in Hand 5 Total Current Assets Creditors:amounts falling due within one year 7 NET CURRENT ASSETS TOTAL ASSETSless current liabilities NET ASSETS Funds of the Charity General Funds Restricted Funds 5 Total Funds |
Unrestricted Restricted 30-Sep-22 30-Sep-21 Funds Funds Total Total £ £ £ £ 12,250 - 12,250 12,250 1,031 - 1,031 1,547 - - - - 175,738 1,292 177,030 147,636 |
|---|---|
| 175,738 1,292 177,030 147,636 |
|
| 32,311 - 32,311 29,397 143,427 1,292 144,719 118,239 |
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| 156,708 1,292 158,000 132,036 |
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| 156,708 1,292 158,000 132,036 |
|
| 156,708 - 156,708 130,744 - 1,292 1,292 1,292 |
|
| 156,708 1,292 158,000 132,036 |
Directors' Responsibilities:
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
For the financial year ended 30 September 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and the preparation of the financial statements.
Approved and authorised for issue by the Board on: 21 April 2023
Signed on their behalf by :
Professor Jacky Hayden, President Trustee Company number: 5965178
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Notes to the financial statements
Notes to the financial statements (cont.)
1. ACCOUNTING POLICIES
Company information
The Academy of Medical Educators is a charity limited by guarantee and incorporated in England and Wales. The registered office is Neuadd Meirionnydd, Heath Park, Cardiff, CF14 4YS.
Basis of Preparation & Assessment of Going Concern
Basis of Preparation
The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2015) - (Charities SORP - FRS102) and the Charities Act 2011.
The Charity meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost unless otherwise stated in the relevant accounting policy notes.
Assessment of Going Concern
Preparation of the accounts is on a going concern basis. The trustees consider that there are no material uncertainties about the Charity’s ability to continue as a going concern.
Critical Accounting Estimates and Judgements
In the application of the Charity's accounting policies, the board is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant and are reviewed on an ongoing basis. Actual results may differ from these estimates.
There are two critical estimates included within the accounts. The first is depreciation and amortisation; the rate of depreciation charged on tangible fixed assets (and amortisation on intangible fixed assets) is based on the estimated useful life of the asset and this is reviewed annually. The other critical estimate is the value of gifts in kind which are estimated based on the cost of acquiring the gift on the open market.
Incoming Resources
Recognition of Incoming Resources
These are included in the Statement of Financial Activities (SOFA) when:
▪ the charity becomes entitled to the resources;
▪ the Directors are virtually certain they will receive the resources; and
▪ the monetary value can be measured with sufficient reliability
Incoming Resources with Related Expenditure
Where incoming resources have related expenditure (as with fundraising or contract income) the incoming resource and related expenditure are reported gross in the SOFA.
Membership fees
1. ACCOUNTING POLICIES (Continued)
Incoming Resources (continued)
Investment Income
This is included in the accounts when receivable.
Investment Gains and Losses
This included any gain or loss on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year.
Expenditure and Liabilities
Liability Recognition
Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources.
Assets
Intangible assets
The coat of arms costs are not amortised as these are expected to be of continued long term benefit to the organisation. The website and software costs are stated at cost less amortisation and impairment. Amortisation is provided at rates calculated to write off the cost of these assets, less their estimated residual value, over their expected useful lives on the following basis:
Website 33.33% Straight line Software 33.33% Straight line
Tangible Fixed Assets
Fixed assets are capitalised where the item costs exceed £500. Depreciation is provided to write off the cost of the Fixed Assets over their estimated useful lives at the following annual rates:
Fixtures, fittings and equipment 15% Straight line
Computer equipment & website 33.33% Straight line
Fund accounting
Unrestricted funds comprise those funds which the trustees are free to use for any purpose in furtherance of the charitable objects.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by the donor.
Cash and Cash Equivalents
Cash and cash equivalents include cash at banks and in hand and short term deposits with a maturity date of three months or less.
Debtors and creditors
Membership fees are renewable annually and are recognised on a receipts basis.
Grants and Donations
Grant are recognised when receivable, income is carried forward at the year end, as restricted fund, where amounts have not been fully spent in the year.
Debtors and creditors receivable or payable within one year of the reporting date are carried at their at transaction price. Debtors and creditors that are receivable or payable in more than one year and not subject to a market rate of interest are measured at the present value of the expected future receipts or payment discounted at a market rate of interest.
Sponsorship and Other income
Sponsorship and Other income is recognised when it is received.
Gifts in Kind
Where services are provided to the charity as a donation that would normally be purchased from suppliers, this contribution is included in the financial statements as an estimate based on the value of the contribution to the charity.
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Notes to the financial statements (cont.)
Notes to the financial statements (cont.)
2(a).INTANGIBLE FIXED ASSETS
| Cost Additions Disposals Cost at Amortisation Charge Disposals Depreciation at Net Book Value Net Book Value 2(b).TANGIBLE FIXED ASSETS Cost Additions Disposals Cost at Depreciation Charge Disposals Depreciation at Net Book Value Net Book Value 3. INCOMING RESOURCES a) Voluntary Income Rent and Utilities (Cardiff University) b) Charitable Activities Membership Subscriptions Annual conference and Educational Activities c) Other Incoming Resources BSDJ |
30-Sep-21 30-Sep-22 30-Sep-21 30-Sep-22 30-Sep-22 30-Sep-21 30-Sep-21 30-Sep-22 30-Sep-21 30-Sep-22 30-Sep-22 30-Sep-21 Unrestricted Funds £ 30,000 |
Website & Coat of Total Software Arms 2022 £ £ £ 121,324 12,250 133,574 - - - - - - |
|---|---|---|
| 121,324 12,250 133,574 |
||
| 121,324 - 121,324 - - - - |
||
| 121,324 - 121,324 |
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| - 12,250 12,250 |
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| 2,403 12,250 14,653 |
||
| Fixtures, Fittings Computer Total & Equipment Equipment 2022 £ £ £ 2,086 9,624 11,710 - - - - |
||
| 2,086 9,624 11,710 |
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| 2,086 8,077 10,163 - 516 516 - |
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| 2,086 8,593 10,679 |
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| - 1,031 1,031 |
||
| - - - |
||
| Restricted TOTAL TOTAL Funds 2022 2021 £ £ £ - 30,000 30,000 |
||
| 30,000 | - 30,000 30,000 |
|
| 141,625 29,525 |
141,625 135,671 29,525 17,127 |
|
| 171,150 | - 171,150 152,798 |
|
| - | - - 2,236 |
|
| - | - - 2,236 |
4. RESOURCES EXPENDED
| Unrestricted | Restricted | TOTAL | TOTAL | ||
|---|---|---|---|---|---|
| Funds | Funds | 2022 | 2021 | ||
| £ | £ | £ | £ | ||
| a) Raising Funds | |||||
| Advertising & PR | 12,082 | - | 12,082 | 873 | |
| 12,082 | - | 12,082 | 873 | ||
| b) Charitable Activities | |||||
| Staff Costs | 8 | 112,349 | - | 112,349 | 104,900 |
| Office running costs | 3,040 | - | 3,040 | 2,607 | |
| Subscription refunds | 901 | - | 901 | 1,272 | |
| Rent | 10 | 30,000 | - | 30,000 | 30,000 |
| Depreciation & amortisation | 516 | - | 516 | 1,677 | |
| Database | 7,909 | - | 7,909 | 6,834 | |
| Sundry expenses | 504 | - | 504 | 160 | |
| Bank charges | 2,372 | - | 2,372 | 2,330 | |
| Marketing and publicity | 2,702 | - | 2,702 | 227.59 | |
| Meeting costs | 339 | - | 339 | 40 | |
| Accountancy Fees | 1,584 | - | 1,584 | 5280 | |
| Legal and professional fees | 888 | - | 888 | 888 | |
| 163,104 | - | 163,104 | 156,215 | ||
| 5. CASH AT BANK AND IN HAND | |||||
| Unrestricted | Restricted | Total | Total | ||
| Fund | Fund | **30-Sep-22 ** | 30-Sep-21 | ||
| £ | £ | £ | £ | ||
| Cash at Bank | 175,738 | 1,292 | 177,030 | 147,636 | |
| 175,738 | 1,292 | 177,030 | 147,636 | ||
| 6. DEBTORS AND PREPAYMENTS | |||||
| Unrestricted | Restricted | Total | Total | ||
| Fund | Fund | **30-Sep-22 ** | 30-Sep-21 | ||
| £ | £ | £ | £ | ||
| Prepayments | - | - | - | - | |
| - | - | - | - | ||
| 7. CREDITORS AND ACCRUALS: AMOUNTS | FALLING DUE WITHIN ONE YEAR | ||||
| Unrestricted | Restricted | Total | Total | ||
| Fund | Fund | **30-Sep-22 ** | 30-Sep-21 | ||
| £ | £ | £ | £ | ||
| Trade Creditors | 31,231 | - | 31,231 | 28,678 | |
| Independent Examination | 1,080 | - | 1,080 | 720 | |
| 32,311 | - | 32,311 | 29,398 |
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Notes to the financial statements (cont.)
| 8. STAFF COSTS AND NUMBERS Gross Wages and Salaries |
2022 2021 TOTAL TOTAL £ £ 112,349 104,900 |
|---|---|
| 112,349 104,900 |
The average number of staff employed by the organisation for the period was nil (2021: nil). Staff are employed by the University of Cardiff and costs are re-charged to the charity.
No employee received remuneration in excess of £60,000 (2021: None).
£ £ TOTAL TOTAL Activities in furtherance of organisation's objects 1 1
9. DIRECTORS AND OTHER RELATED PARTIES
Key management personnel are deemed to be the Trustees as they oversee the management of the charity. No key management personnel were remunerated in the year to September 2022 (2021: None).
10.Gifts in Kind
An estimate of the support in kind, based on the value of the contribution to the charity, has been included as a donation and a cost, at amounts summarised below:
| Rent and utilities (Cardiff University) | £ £ 2022 2021 30,000 30,000 |
|---|---|
| 30,000 30,000 |
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11. RISK ASSESSMENT
The Trustees actively review the major risks which the charity faces on a regular basis and believe that maintaining the free reserves stated, combined with the annual review of the controls over key financial systems carried out on an annual basis will provide sufficient resources in the event of adverse conditions. The Directors have also examined other operational and business risks which they face and confirm that they have established systems to mitigate the significant risks.
12. RESERVES POLICY
The Trustees have considered the level of reserves they wish to retain, appropriate to the charity's needs. This is based on the charity's size and the level of financial commitments held. The Trustees aim to ensure the charity will be able to continue to fulfil its charitable objectives even if there is a temporary shortfall in income or unexpected expenditure. The directors will endeavour not to set aside funds unnecessarily.
13. PUBLIC BENEFIT
The Charity acknowledges its requirement to demonstrate clearly that it must have charitable purposes or ‘aims’ that are for the public benefit. Details of how the charity has achieved this are provided in the Trustees report. The Trustees confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the charity should undertake.
14.LIMITED LIABILITY
The company is limited by guarantee and has no share capital. In the event of it winding up, the liability of each member is limited to £1.
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Academy of Medical Educators Neuadd Meirionnydd, Heath Park Cardiff CF14 4YS
aome.org