# **REGISTERED COMPANY NUMBER: 07291886 (England and Wales) REGISTERED CHARITY NUMBER: 1140786**
## **Report of the Trustees and**
**Unaudited Financial Statements for the Year Ended 30 June 2025**
## **for**
**British Society of Skeletal Radiologists**
APC Accountancy Chartered Accountants 73 Gilkes Street Middlesbrough TS1 5EH
**British Society of Skeletal Radiologists**
**Contents of the Financial Statements for the Year Ended 30 June 2025**
|||**Page**||
|---|---|---|---|
|**Report of the Trustees**|1|to|3|
|**Independent Examiner's Report**||4||
|**Statement of Financial Activities**||5||
|**Balance Sheet**|6|to|7|
|**Notes to the Financial Statements**|8|to|12|
## **British Society of Skeletal Radiologists (Registered number: 07291886)**
## **Report of the Trustees for the Year Ended 30 June 2025**
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 June 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
BSSR Limited is also known as The British Society of Skeletal Radiologists.
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
The main objective of the charity is the advance of education for the public benefit in the field of musculoskeletal imaging.
The charity achieves this by:
- Encouraging the study and improve the standard of knowledge of imaging of the musculoskeletal and allied systems;
- Providing advise in the practice and training of musculoskeletal imaging; and
- Arranging scientific meetings on topics of interest in the field of musculoskeletal imaging.
The charity's activities are deemed to be for the public benefit by increasing the skills and experience of skeletal radiologists who treat members of the general public.
## **ACHIEVEMENT AND PERFORMANCE**
## **Charitable activities**
During the year 2024/25, the BSSR held several face-to-face and online meetings.
The BSSR Grand Rounds continued with a 'wrist' grand round in November 2024 by internationally renowned Dr Donald Resnick (San Diego).
The BSSR post-FRCR webinar series organised by Dr Sinan Al-Qassab has attracted nationwide fellows and senior MSK trainees.
The AGM and Business meeting was held on the Nov 15th 2024 at the Royal Society of Chemistry, London. Guest speakers included Dr Monique Reijnierse (Leiden), and Mr Andy Williams and Dr Justin Lee (London).
The BSSR Spring Refresher Meeting was held in Cambridge 19th-21st March 2025, organised by Dr Emma Gerety and Dr Andrew Grainger. The meeting was well attended with over 200 delegates and guest speaker Dr Linda Probyn attended from Toronto.
The society again funded a prize of £100 for the society of Radiologists in Training Annual Meeting.
## **FUTURE DEVELOPMENTS**
The society will strive to provide further educational resources and content to the members through both face to face and online initiatives.
A program of regular post FRCR MSK specialty teaching sessions is underway. These talks have been loaded up to the website on the Education page. A pre-FRCR general MSK teaching series is currently being developed on a similar model.
The next BSSR study day is planned for June 2026 and will be hosted in Manchester by organisers Dr Anand Kiwadi and Dr Radhesh Lalam, as a joint venture with the ESSR annual meeting.
Links continue with the Royal College of Radiologists, the International Skeletal Society and the European Society of Radiology.
Following the previous successful online meeting run by the trainee members in 2023, plans are in progress for a Trainee Day in November 2025 using a similar platform.
Page 1
## **British Society of Skeletal Radiologists (Registered number: 07291886)**
## **Report of the Trustees for the Year Ended 30 June 2025**
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
The governing instrument under which the company operates its Memorandum & Articles of Association.
The directors are treated as trustees for Charities Act Purposes.
## **Recruitment and appointment of new trustees**
The trustees of the charity constitute directors of the company for the purposes of company law. This report is also the directors' report as required by Sections 415 to 418 of the Companies Act 2006.
New trustees are appointed by either the existing trustees as and when a casual vacancy arises and are then formally appointed by the members in general meeting or by the members in general meeting.
## **Membership:**
Society membership continues to increase with 498 full members, 111 associate members and 3 overseas members.
## **Administration:**
Since July 2024, the society has outsourced its administrative and secretarial services to OfficePace to support the operation of the BSSR. OfficePace manages many aspects of the Spring and Autumn meetings, including registration forms, feedback, liaison with venues and sponsors, reporting, compiling delegate materials, and creating and distributing CPD certificates.
OfficePace also oversees website administration plus the addition of educational recordings via Vimeo, manages membership with the help of Stackup Digital, monitors meeting finances using QuickBooks and the annual accounts in liaison with APC Accountancy, and updates the Charity Commission when Executive Committee members change.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Registered Company number**
07291886 (England and Wales)
## **Registered Charity number**
1140786
## **Registered office**
C/O APC Accountancy Limited 73 Gilkes Street Middlesbrough Cleveland TS1 5EH
## **Trustees**
Dr R K Lalam Dr A Grainger Consultant (resigned 15.11.24) Dr E A Sellon Dr D Mckean Dr S P Suresh (appointed 15.11.24)
Page 2
## **British Society of Skeletal Radiologists (Registered number: 07291886)**
## **Report of the Trustees for the Year Ended 30 June 2025**
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Independent Examiner**
Andrew Curran APC Accountancy Chartered Accountants 73 Gilkes Street Middlesbrough TS1 5EH
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
............................................................................... Dr E A Sellon - Trustee
Page 3
## **Independent Examiner's Report to the Trustees of British Society of Skeletal Radiologists**
## **Independent examiner's report to the trustees of British Society of Skeletal Radiologists ('the Company')**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 June 2025.
## **Responsibilities and basis of report**
As the charity's trustees of the Company (and also its directors 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').
Having satisfied myself that the accounts of the Company are not required to be audited 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 matters have come to my attention in connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act 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
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
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.
Andrew Curran The Institute of Chartered Accountants in England and Wales
APC Accountancy Chartered Accountants 73 Gilkes Street Middlesbrough TS1 5EH
Date: .............................................
Page 4
## **British Society of Skeletal Radiologists**
## **Statement of Financial Activities for the Year Ended 30 June 2025**
|Unrestricted
fund
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations
41,500
Charitable activities
2
161,802
Investment income
3
6,685
**Total**
209,987
**EXPENDITURE ON**
**Cost of charitable activities**
Raising donations and legacies
4
92,690
Other trading activities
24,001
116,691
**NET INCOME**
93,296
**RECONCILIATION OF FUNDS**
Total funds brought forward
323,955
**TOTAL FUNDS CARRIED FORWARD**
417,251|Restricted
fund
£
-
-
-
-
-
-
-
-
-
-|30.6.25
30.6.24
Total
Total
funds
funds
£
£
41,500
15,370
161,802
80,888
6,685
2,541
209,987
98,799
92,690
55,002
24,001
23,842
116,691
78,844
93,296
19,955
323,955
304,000
417,251
323,955|30.6.25
30.6.24
Total
Total
funds
funds
£
£
41,500
15,370
161,802
80,888
6,685
2,541
209,987
98,799
92,690
55,002
24,001
23,842
116,691
78,844
93,296
19,955
323,955
304,000
417,251
323,955|
|---|---|---|---|
||||98,799|
||||55,002
23,842|
||||78,844
19,955
304,000|
||||323,955|
The notes form part of these financial statements
Page 5
## **British Society of Skeletal Radiologists (Registered number: 07291886)**
## **Balance Sheet 30 June 2025**
|Unrestricted
fund
Notes
£
**CURRENT ASSETS**
Debtors
10
-
Cash at bank
419,291
419,291
**CREDITORS**
Amounts falling due within one year
11
(2,040)
**NET CURRENT ASSETS**
417,251
**TOTAL ASSETS LESS CURRENT LIABILITIES**
417,251
**NET ASSETS**
417,251
**FUNDS**
12
Unrestricted funds
**TOTAL FUNDS**|Restricted
fund
£
-
-
-
-
-
-
-|30.6.25
Total
funds
£
-
419,291
419,291
(2,040)
417,251
417,251
417,251
417,251
417,251|30.6.24
Total
funds
£
7,000
349,879
356,879
(32,924)
323,955
323,955
323,955
323,955
323,955|
|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 in accordance with Section 476 of the Companies Act 2006.
## The trustees acknowledge their responsibilities for
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
Page 6
continued...
## **British Society of Skeletal Radiologists (Registered number: 07291886)**
## **Balance Sheet - continued 30 June 2025**
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
.............................................
E A Sellon - Trustee
.............................................
D Mckean - Trustee
The notes form part of these financial statements
Page 7
## **British Society of Skeletal Radiologists**
## **Notes to the Financial Statements for the Year Ended 30 June 2025**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **2.**
## **CHARITABLE ACTIVITIES**
|Membership subscriptions
Course and conference fees|30.6.25
£
38,500
123,302
161,802|30.6.24
£
34,740
46,148|
|---|---|---|
|||80,888|
continued...
Page 8
## **British Society of Skeletal Radiologists**
## **Notes to the Financial Statements - continued for the Year Ended 30 June 2025**
## **3.**
## **4.**
## **5.**
## **INVESTMENT INCOME**
|**INVESTMENT INCOME**|||
|---|---|---|
||30.6.25|30.6.24|
||£|£|
|Interest receivable|6,685|2,541|
|**RAISING DONATIONS AND LEGACIES**|||
||30.6.25|30.6.24|
||£|£|
|Cost of providing educational meetings|92,690|55,002|
|**NET INCOME/(EXPENDITURE)**|||
|Net income/(expenditure) is stated after charging/(crediting):|||
||30.6.25|30.6.24|
||£|£|
|Auditors' remuneration|-|4,200|
## **6. TRUSTEES' REMUNERATION AND BENEFITS**
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 30 June 2025 nor for the year ended 30 June 2024.
## **7. STAFF COSTS**
The charity employs no members of staff. Therefore it has no employees with emoluments above £60,000.
## **8. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
|Unrestricted
fund
£
**INCOME AND ENDOWMENTS FROM**
Donations
15,370
Charitable activities
80,888
Investment income
2,541
**Total**
98,799
**EXPENDITURE ON**
**Cost of charitable activities**
Raising donations and legacies
55,002
Other trading activities
23,842
78,844
**NET INCOME**
19,955|Restricted
fund
£
-
-
-
-
-
-
-
-|Total
funds
£
15,370
80,888
2,541|
|---|---|---|
|||98,799|
|||55,002
23,842|
|||78,844
19,955|
continued...
Page 9
## **British Society of Skeletal Radiologists**
## **Notes to the Financial Statements - continued for the Year Ended 30 June 2025**
## **8. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**
||Unrestricted|Restricted|Total|
|---|---|---|---|
||fund|fund|funds|
||£|£|£|
|**RECONCILIATION OF FUNDS**||||
|Total funds brought forward|304,000|-|304,000|
|**TOTAL FUNDS CARRIED FORWARD**|323,955|-|323,955|
|**ESSR SUBSCRIPTIONS AND DONATIONS**||||
|The charity offers subscriptions for the European Society of Musculoskeletal Radiology||(ESSR). The charity collects the||
|subscriptions and passes them on to ESSR on an annual basis in the form|of donations.|This income and expenditure w||
|always balance over time.||||
|**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**||||
|||30.6.25|30.6.24|
|||£|£|
|Trade debtors||-|7,000|
|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**||||
|||30.6.25|30.6.24|
|||£|£|
|Accrued expenses||2,040|32,924|
|**MOVEMENT IN FUNDS**||||
|||Net||
|||movement|At|
||At 1.7.24|in funds|30.6.25|
||£|£|£|
|**Unrestricted funds**||||
|General fund|323,955|93,296|417,251|
|**TOTAL FUNDS**|323,955|93,296|417,251|
|Net movement in funds, included in the above are as follows:||||
||Incoming|Resources|Movement|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|209,987|(116,691)|93,296|
|**TOTAL FUNDS**|209,987|(116,691)|93,296|
## **9. ESSR SUBSCRIPTIONS AND DONATIONS**
The charity offers subscriptions for the European Society of Musculoskeletal Radiology (ESSR). The charity collects these subscriptions and passes them on to ESSR on an annual basis in the form of donations. This income and expenditure will always balance over time.
## **10. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
## **11.**
## **12. MOVEMENT IN FUNDS**
continued...
Page 10
## **British Society of Skeletal Radiologists**
## **Notes to the Financial Statements - continued for the Year Ended 30 June 2025**
## **12. MOVEMENT IN FUNDS - continued**
## **Comparatives for movement in funds**
|**Unrestricted funds**
General fund
**TOTAL FUNDS**
Comparative net movement in funds, included in the above are as follows:
**Unrestricted funds**
General fund
**TOTAL FUNDS**|At 1.7.23
£
304,000
304,000
Incoming
resources
£
98,799
98,799|Net
movement
At
in funds
30.6.24
£
£
19,955
323,955
19,955
323,955
Resources
Movement
expended
in funds
£
£
(78,844)
19,955
(78,844)
19,955|At
30.6.24
£
323,955|At
30.6.24
£
323,955|
|---|---|---|---|---|
||||323,955||
|||||19,955|
A current year 12 months and prior year 12 months combined position is as follows:
|**Unrestricted funds**
General fund
**TOTAL FUNDS**|At 1.7.23
£
304,000
304,000|Net
movement
in funds
£
113,251
113,251|At
30.6.25
£
417,251|
|---|---|---|---|
||||417,251|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**TOTAL FUNDS**|Incoming
resources
£
308,786
308,786|Resources
Movement
expended
in funds
£
£
(195,535)
113,251
(195,535)
113,251|Resources
Movement
expended
in funds
£
£
(195,535)
113,251
(195,535)
113,251|
|---|---|---|---|
||||113,251|
continued...
Page 11
## **British Society of Skeletal Radiologists**
## **Notes to the Financial Statements - continued for the Year Ended 30 June 2025**
## **13. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 30 June 2025.
## **14. ULTIMATE CONTROLLING PARTY**
The charity is under the ultimate control of its trustees who are the directors for the purpose of the Companies Act 2006.
Page 12