2021-03-31-accounts - British Myology Society

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

REGISTERED CHARITY NUMBER: 1142966

Report of the Trustees and
Unaudited Financial Statements for the Year Ended
31 March 2021
for
BRITISH MYOLOGY SOCIETY

Sandison Lang Limited
2 St Marys Road
Tonbridge
Kent
TN9 2LB

`BRITISH MYOLOGY SOCIETY`

Contents of the Financial Statements
for the Year Ended 31 March 2021

	`Page`
`Report of the Trustees`	`1 to 2`
`Independent Examiner's Report`	`3`
`Statement of Financial Activities`	`4`
`Balance Sheet`	`5`
`Notes to the Financial Statements`	`6 to 8`
`Detailed Statement of Financial Activities`	`9`

`BRITISH MYOLOGY SOCIETY`

`Report of the Trustees`

`for the Year Ended 31 March 2021`

Thetrusteespresenttheirreportwiththefinancialstatementsofthecharityfortheyear ended
31March2021.ThetrusteeshaveadoptedtheprovisionsoftheStatementofRecommended Practice
(SORP) 'Accounting and Reporting by Charities' issued in March 2005.

`REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number`

`Principal address`

Box 102
National Hospital for Neurology and
Neurosurgery, Queen Square
London
WC1N 3BG

`Trustees`

Professor M G Hanna
Dr D Hilton-Jones - resigned 5.5.2020
Professor F Muntoni
Dr R Quinlivan

`Independent examiner`

Sandison Lang Limited
2 St Marys Road
Tonbridge
Kent
TN9 2LB

`STRUCTURE, GOVERNANCE AND MANAGEMENT`

`Governing document`

Thecharityiscontrolledbyitsgoverningdocument,adeedoftrust,andconstitutesan unincorporated
charity.

The Society was registered as a charity on 19 July 2011.

`Risk management`

Thetrusteeshaveadutytoidentifyandreviewtheriskstowhichthecharityisexposedandto ensure
appropriate controls are in place to provide reasonable assurance against fraud and error.

Page 1

`BRITISH MYOLOGY SOCIETY`

`Report of the Trustees`

`for the Year Ended 31 March 2021`

`OBJECTIVES AND ACTIVITIES`

`Purposes and aims`

TheSociety'spurposeistoactasamultidisciplinaryprofessionalbodyofexpertstopromotethe clinical
practice,educationandclinicaltrialsinrelationtomuscledisease,myastheniagravisandspinal muscular
atrophy. It is intended to be a forum of consultant level experts to consider these issues.

The aims of the Society are:

- agreeing best practice and standards of care for patients with muscle disease

- agreeing standards for training in clinical myology and clinical muscle pathology

- promoting translational research

- establishing clinical networks to facilitate and promote clinical trials and patient registries

- facilitating collaborations with patient organisations

`ACHIEVEMENT AND PERFORMANCE`

`Charitable activities`

-The BMS Annual Meeting was held as a shortened programme online on the 4th Nov 2020.

-The event was held onlinedue to the SARS-CoV-2virus pandemic.This meetingincludeda shortened AGM
(online).

-TheBMSfundedfreemeetingplacesforallattendees,andthisyearextendedattendanceto non-BMS
members. -The online event was well received with excellent attendeeship and feedback.

-The key sessions for this meeting were:

-Hot topics for myology research in 2020: Brexit and Covid-19

-Treatment for NMDs

-BMS Paediatric Muscle Teaching Day was not held in 2020, due to the pandemic.

BMS website address is https://www.britishmyologysociety.org/

`FUTURE DEVELOPMENTS`

TheBMShascreatedaneweventfor2021.DesignedforAlliedHealthProfessionalswitha specialist
interest in Neuromuscular Disease, this event will fall into the next reporting period.
The BMS will run an Annual Meeting in November 2021, which will be held online.
The BMS will run a Muscle Teaching day in November 2021.

Approved by order of the board of trustees on 11 November 2021 and signed on its behalf by:

Dr R Quinlivan  - Trustee

Page 2

Independent Examiner's Report to the Trustees of
British Myology Society

I report on the accounts for the year ended 31 March 2021, which are set out on pages four to eight.

`Responsibilities and basis of report`

Asthecharity'strusteesyouareresponsibleforthepreparationoftheaccountsinaccordancewith the
requirements of the Charities Act 2011 ('the Act').

I haveexaminedyourcharity'saccountsas requiredunder section145of the CharitiesAct 2011('the Act').
IncarryingoutmyexaminationIhavefollowedtheDirectionsgivenbytheCharityCommission under
section 145(5)(b) of the 2011 Act.

My role is to state whether any material matters have come to my attention giving me cause to believe:

1. that accounting records were not kept as required by section 130 of the Act; or

2. that the accounts do not accord with those records; or

3. that the accounts do not comply with the accounting requirements of the Act; or

4. that there is further information needed for a proper understanding of the accounts.

`Independent examiner's statement`

Ihavecompletedmyexaminationandhavenoconcernsinrespectofthematters(1)to(4)listed above
and,inconnectionwithfollowingtheDirectionsoftheCharityCommissionIhavefoundnomatters that
require drawing to your attention.

Mr Ryan Cottington
FCCA
Sandison Lang Limited
2 St Marys Road
Tonbridge
Kent
TN9 2LB

11 November 2021

Page 3

`BRITISH MYOLOGY SOCIETY`

`Statement of Financial Activities`

`for the Year Ended 31 March 2021`

`2021` `Unrestricted` `fund` `Notes` `£` `INCOMING RESOURCES` `Incoming resources from generated funds` `Voluntary income` `2,624` `Incoming resources from charitable` `activities` `Educational and academic` `37,597` `Total incoming resources` `40,221` `RESOURCES EXPENDED` `Charitable activities` `Educational and academic` `157` `Governance costs` `43,014` `Other resources expended` `-` `Total resources expended` `43,171` `NET INCOMING/(OUTGOING) RESOURCES` `(2,950)` `RECONCILIATION OF FUNDS` `Total funds brought forward` `16,739` `TOTAL FUNDS CARRIED FORWARD` `13,789`	`2020` `Total` `funds` `£` `3,025` `33,564`
	`36,589` `16,373` `19,220` `506`
	`36,099`
	`490` `16,249`
	`16,739`

The notes form part of these financial statements

Page 4

`BRITISH MYOLOGY SOCIETY`

`Balance Sheet`

`At 31 March 2021`

2021
Unrestricted
fund
Notes
£
CURRENT ASSETS
Prepayments and accrued income
8,762
Cash at bank
38,170
46,932
CREDITORS
Amounts falling due within one year
3
(33,143)
NET CURRENT ASSETS
13,789
TOTAL ASSETS LESS CURRENT LIABILITIES
13,789
NET ASSETS
13,789
FUNDS
4
Unrestricted funds
13,789
TOTAL FUNDS
13,789 2020
Total
funds
£
8,762
26,940
35,702
(18,963)
16,739
16,739
16,739
16,739
16,739

ThefinancialstatementswereapprovedbytheBoardofTrusteeson11November2021andwere signed
on its behalf by:

Dr R Quinlivan -Trustee

The notes form part of these financial statements

Page 5

BRITISH MYOLOGY SOCIETY

Notes to the Financial Statements
for the Year Ended 31 March 2021

`1. ACCOUNTING POLICIES`

`Accounting convention`

Thefinancialstatementshavebeenpreparedunderthehistoricalcostconvention,and in
accordancewiththeFinancialReportingStandardforSmallerEntities(effectiveApril2008), the
CharitiesAct2011andtherequirementsoftheStatementofRecommendedPractice, Accounting
and Reporting by Charities.

`Incoming resources`

AllincomingresourcesareincludedontheStatementofFinancialActivitieswhenthecharity is
legally entitled to the income and the amount can be quantified with reasonable accuracy.

`Resources expended`

Expenditureisaccountedforonanaccrualsbasisandhasbeenclassifiedunderheadings that
aggregateallcostrelatedtothecategory.Wherecostscannotbedirectlyattributedto particular
headings they have been allocated to activities on a basis consistent with the use of resources.

`Taxation`

The charity is exempt from tax on its charitable activities.

`Fund accounting`

Unrestrictedfundscanbe usedin accordancewiththecharitableobjectivesat thediscretionof the
trustees.

Restrictedfunds can only be used for particularrestrictedpurposeswithin the objectsof the  charity.
Restrictionsarisewhenspecifiedbythedonororwhenfundsareraisedforparticular restricted
purposes.

Furtherexplanationofthenatureandpurposeofeachfundis includedin thenotestothe financial
statements.

`2. TRUSTEES' REMUNERATION AND BENEFITS`

Therewerenotrustees'remunerationorotherbenefitsfortheyearended31March2021nor for
the year ended 31 March 2020.

`Trustees' expenses`

Therewerenotrustees'expensespaidfortheyearended31March2021norfortheyear ended
31 March 2020 .

`3. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`

	`2021`	`2020`
	`£`	`£`
`Other creditors`	`33,143`	`18,963`

Page 6

`BRITISH MYOLOGY SOCIETY`

`Notes to the Financial Statements - continued for the Year Ended 31 March 2021`

`4. MOVEMENT IN FUNDS`

		`Net`
		`movement`
	`At 1/4/20`	`in funds`	`At 31/3/21`
	`£`	`£`	`£`
`Unrestricted funds`
`General fund`	`16,739`	`(2,950)`	`13,789`
`TOTAL FUNDS`	`16,739`	`(2,950)`	`13,789`
`Net movement in funds, included in the above are as follows:`
	`Incoming`	`Resources`	`Movement`
	`resources`	`expended`	`in funds`
	`£`	`£`	`£`
`Unrestricted funds`
`General fund`	`40,221`	`(43,171)`	`(2,950)`
`TOTAL FUNDS`	`40,221`	`(43,171)`	`(2,950)`
`Comparatives for movement in funds`
		`Net`
		`movement`
	`At 1/4/19`	`in funds`	`At 31/3/20`
	`£`	`£`	`£`
`Unrestricted Funds`
`General fund`	`16,249`	`490`	`16,739`
`TOTAL FUNDS`	`16,249`	`490`	`16,739`

Page 7

Notes to the Financial Statements - continued
for the Year Ended 31 March 2021

`BRITISH MYOLOGY SOCIETY`

`4. MOVEMENT IN FUNDS - continued`

Comparative net movement in funds, included in the above are as follows:

	`Incoming`	`Resources`	`Movement`
	`resources`	`expended`	`in funds`
	`£`	`£`	`£`
`Unrestricted funds`
`General fund`	`36,589`	`(36,099)`	`490`
`TOTAL FUNDS`	`36,589`	`(36,099)`	`490`

A current year 12 months and prior year 12 months combined position is as follows:

		`Net`
		`movement`
	`At 1/4/19`	`in funds`	`At 31/3/21`
	`£`	`£`	`£`
`Unrestricted funds`
`General fund`	`16,249`	`(2,460)`	`13,789`
`TOTAL FUNDS`	`16,249`	`(2,460)`	`13,789`

Acurrentyear12monthsandprioryear12monthscombinednetmovementinfunds,included in
the above are as follows:

	`Incoming`	`Resources`	`Movement`
	`resources`	`expended`	`in funds`
	`£`	`£`	`£`
`Unrestricted funds`
`General fund`	`76,810`	`(79,270)`	`(2,460)`
`TOTAL FUNDS`	`76,810`	`(79,270)`	`(2,460)`

Page 8

`BRITISH MYOLOGY SOCIETY`

`Detailed Statement of Financial Activities`

`for the Year Ended 31 March 2021`

`INCOMING RESOURCES` `Voluntary income` `Subscriptions` `Incoming resources from charitable activities` `Conferences` `Sponsorships` `Total incoming resources` `RESOURCES EXPENDED` `Charitable activities` `Conference costs` `Governance costs` `Secretarial services` `Accountancy` `Computer` `Support costs` `Management` `Postage and stationery` `Finance` `Bank charges` `Total resources expended` `Net (expenditure)/income`	`2021` `£` `2,624` `-` `37,597` `37,597` `40,221` `157` `41,825` `1,007` `182` `43,014` `-` `-` `43,171` `(2,950)`	`2020` `£` `3,025` `9,564` `24,000`
		`33,564`
		`36,589` `16,373` `17,983` `978` `259`
		`19,220` `500` `6`
		`36,099`
		`490`

This page does not form part of the statutory financial statements

Page 9