# ## ## |||Page| |---|---|---| |Trustees'
report||| |Statement oftrustees'|responsibilities|| |Independent
auditors'|report|| |Statement offinancial|activities|15| |Balance sheet||16| |Notes to the accounts||18| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |For the year ended 31|March 2023|||||| |---|---|---|---|---|---|---| ||||||2023|| ||||Unrestricted||Total|| ||||8||6|| |Income from:||||||| |Done6ons and legacies|||517,196||617,168|| |Charitable actvttles:||||||| |Improving
Anaesth sale Safety
Reducbtg SUrgbal Site lrtfectlons
Promottng
Surgical Teamwork|||22,178|103,507
516,482
34,196|103+07
616,482
66,374|66,070
275477
8,500| |Total Income|||539i374|654,184||| |Expenditure
on:
Rehdng funds|||31,269|10,534|41,M3|57,197| |Charitable
ectivltko:||||||| |Improving
Anaesthesle
Safety
Redudng
Surgical Site Infections
Promoting
Surgkol Teamwc&|||138,571
111.909|108,317
363,533
78,024|3$1,617
602,104
I$9d133|221,146
364,848
143,123| |Other Charitable
Actlvl6es||||||| |Total expenditure||||||| |Net Income I(expenditure)|for the year|13|(16,676)|||160,045| |Transfers between funds||||||| |Net Income I(expenditure)|before other|||||| |recognised
gains and losses|||(I5,961)||78,201|160,045| |Olher gains Iposses)|||50,795|||(16,231)| |Net movement
Infunds|||||2
7|Ht| |Reconcglatlon
offunds:||||||| |Total funds brought forward||||1713||| |Total funds carried forward|||681v813|||| ## ## ## ## |the year ended 31 INarch|20|23|||||| |---|---|---|---|---|---|---|---| |CASHFLOW STATEMENT||||||2023|2022| |AS AT 31 MARCH 2023||||||E|| |Cash flows from Operating
Net movement
in funds|Activities|||||128,997|143,814| |AdJustments
for:|||||||| |Depreciation|||||||| |Investment
income|||||||| |Loss on disposal|||||||| |Exchange (gain)/loss
Decrease/(increase)
in stock||||||(50,795)
14,105|16,231
(133,397)| |Decrease/(increase)
In trade
Increase/(decrease)
in trade
Net cash provided by iused|and
and
Ini|other receivables
other payables
operating
activities||||(142,226)
92 459
42 539|(16,957I
~45982
5 683| |Cash flows from Investing
activities|||||||| |Dividends,
Interest and rent|from investments||||||| |Proceeds from sale of property,||plant and||equipment|||| |Purchase of property,
plant|and|equipment|||||| |Proceeds from sale of investments|||||||| |Purchase of Investments|||||||| |Net cash provided by(used|in)|investing||activities|||| |Financing
activities|||||||| |Repayments
of borrowing|||||||| |Cash Inflows from net borrowing|||||||| |Receipt of endowment|||||||| |Net cash provided by (used|Ini|financing||activities|||| |Change in cash and cash equivalents
period|||In|the|reponin g|42,539|5,683| |Cash and cash equivalents|at the beginning||||ofthe||| |reporting
period||||||344,555|355,103| |Change
In cash and cash equivalents|||due to||exchange||| |rate movements|||||||| |||||||59295|—36233| |Cash and cash equivalents
period|atthe end ofthe||||reporting|437,889|344,555| ## ## |Detalhrd comparatlves
for|the statement ofnnanclal
a|ctlvltles||| |---|---|---|---|---| |||2022||2022| |||Unrestricted|Restricted|Total| ||||2|5| |Income from:||||| |Donations
and legacies||595,509||59&,609| |Charkable
actlvltles:||||| |Improving
Anaesthesla
Safety|||66,070|66,070| |Reducing Surgical Site Infections
Promosng
Surgical Teamwork
Total Income|||276,278
~8|276,278
KKQ
~7| |Expenditure
on:||||| |Ralslng Iunds||66,737|4M|57,197| |Charitable
scuvltles:||||| |Improving
Anaesthesla
Safety||80,701||221,146| |Reducing
Surgical Site Infections||98,754|266,092|364,846| |Promoting
Surplus) Teamwork||55,408|87,716|143,123| |Other||||| |Total expenditure||||| |Net Income Imrpendlturs|before gainer|||| |gosses) on Investments||303,909|(143,855)|160,045| |Net gains
/ (losses) on Investments||||~1623| |Net Income Iexpenditure||287,678|(143,865)|143,814| |Transfers between funds||4587||| |Net Income l(expenditure)|before other|||| |recognised
gains snd losses||433.551|(289,738)|143,814| |Net movement
In funds||433,651|(289,738)|143,814| |Total funds brought forward||||| |Total funds carried forward||||| ## ## |Income fro|m donations|and legacies||||| |---|---|---|---|---|---|---| ||||||2023|2022| ||||Unrestricted|Restricted|Total|Total| |||||6|6|5| |Dona5ons|||517,196||617,198|595,500| |Donated services||||||| |Income from charitable||actlvltles||||| ||||||2023|2022| ||||Unrestricted|Restricted|Total|Total| |Improving|Anaesthssla|Safety|||E|| |Donations|&Grants|||103,507|103,607|66,OTO| |Total||||103,507|103,607|68,070| ||||||2023|2022| ||||Unrestricted|Restricted|Total|Total| |Reducing
Donations|Surgical alta
&Grants|Infections||~48||REZZS| |Total||||516,482|516,482|276,278| ||||||2023|2022| ||||Unrestricted|Restricted|Total|Total| |Promoting|Surgical Teamwork|||||| |Donations|&Grants|||||| |Total|||22,178||56,374|ILEK
8,500| |Total Income from charitable ecgvltlee|||2 178|||| |||||~e|«mvlhm|||||| |---|---|---|---|---|---|---|---|---|---|---| |||Cunt rd
rahlng|tmsru«m
~|Redudng
6urgmel
mte|PnamSrrg
Other
CarSable||Suppen|cavan«m||| |||funds
E|safety
6|hdemmne
6|Tearmvum
6
Amtvnm
6||uuels
E|emml ~
6|2023 Tnlal
6|2022Toter
E| ||||07.340|190,695|135,040||||401,0ST|305,139| |||41,603|206,330|237,173|23,008||||502222|237,940| ||Staff Sme||||||122,807||122,007|01,121| ||Direst||||||45,109||45,109|42404| ||Slag 0me|||||||||16,026| ||Direst|||||||||13,722| |||41,003|272,604|435,808|160,054||168,010|37,132|1,116,357|780,312| ||||93,605|53242|21.189||108,016|||| ||||la240|12,983|8,090|||37,132||| |Total olrpondhure||ef,rao|SSI,SIT|502,104|18$,033||||1,110,367|TSESI2| |Of Ine tarsi expendhure,|66543I40|waa~(202m E295,061) end 2600,400was reetrmtad||||(EIYR|E401261).|||| ## |Analysis ofstaffcosts, trustee remuneration|and expenses, and the cost ofkey management
personnel|| |---|---|---| |Staffcosts were as follows;|2023|2022| ||8|8'| |Salaries and wages|469,780|430,205| |Sodal security costs|66,531|49,391| |Pension Costs|1
11|13| ## |Raising funds|Raising funds| |---|---| |Charitable|acgvltles| |Governance|| ## ## ||||||2023|2022| |---|---|---|---|---|---|---| ||||||8|8| ||Oxlmeters|&Probes|||167,629|170,722| ||||||187829|181534| ||During the|year purchases|totalled 80.end stack costing 814,105wes dlstrlbuted|to beneactartes||| |10|Debtors|||||| ||||||2023|2022| |||||||8| ||Trade debtors||||16,636|13,M9| ||Other debtors||||272,998|132,617| |11|Creditors: amounts falling due wlthlnonsyear|||||| ||||||2023
f|2022
8| ||Taxatlon and sestet security||||26,600|1.782| ||Accruels||||86,161|18.521| ||||||11 781|| ## ## |12|Analysis ofnet as|sets|between fund|s|||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||||||||||||||Total| |||||||||||Restricted|||funds| ||||||||||||E||E| ||Net current assets|||||||685,813||95,376|||781,189| ||Netessets at the end ofthe year|||||||6858 3|||38||711 9| ||||2022||||||||||| ||Net current assets|||||||650,979||1,213|||652,192| ||Net assets atthe end ofthe year|||||||||1|21||| |13|Movements
Infunda||||||Incoming|Outgoing||Transfers|5||| |||||At|the start||resources 8|resources 5||Other|||At the end| |||||ofthe year|||gains|losses|Gains/Losses||||ofthe year| ||||||E||E|E|||E||E| ||||2023||||||||||| ||Restrhted funds:||||||||||||| ||Fundralslng||||||10,994|10,534|||||| ||Improving
Anaesthesla||Safety||83,943||192,260|108,317|||||0| ||Redudng
Surgical
Promoting
Surghal|Ste Infecdons
Teams||172,509
86,893|||286,014
164,917|363,633
78,024|||386||95,378
0| ||Other Charitable
Acdvttles||||||||||||| ||Total restricted funds|||||~sac||~oar|||366||| ||General funds|||623,230|||539,374|554,949||f366)|||607,269| ||Currency Reserve||||27,749||50,795||||||| ||Total unrestricted|funds|||||169|55
49|||6||68
1| ||Totalfunds|||~K3II2|||63|1 11
7|||||| ||||zu||||||||||| ||Restricted funds:||||||||||||| ||Fundraislng||||||||||||| ||Improving
Anaesthesla||Safety||15,122||66,070|140,445|-|24,690||-|83,943| ||Redudng
Surghel|Site|Infeudate||104,332||276,278|266,092||57,992|||172,610| ||Promoting
Surghal|Teamwork|||171,497||8,500|87,716|-|179,175||-|86,894| ||Other Charitable
Acuvitles||||||||||||| ||Total restricted funds|||~slllrr|||||||||| ||General funds||||175,128||595,509|291,599||145,873|||624,911| ||Currency Reserve||||42,299|-|I6431||||||28,068| ||Total unrestricted|funds||217427|||579278|291 699||1|873||86| ||Total funds||||||930128|7883 2|||||II~12| ||Purposes ofrestricted||funds||||||||||| ## ## ## ## ##