hd MOORE Kingston Smith THE BRITISH ENDODONTIC SOCIETY Comp8ny Llrnrtgd byGuaranlee Trustees, Report And Unaudited Financlal Statements For the year ended 31 December 2020 Rogl¥t•r•d Chartty No. 1149178 Compfiny No. 08183601
THE BRITISH ENDODONTIC SOCIEfY (Company Llmltsd by Guarant••l CONTENTS OF THE FINANCIAL STATEMENTS Pqqe L8g818nd Admini8tr0t4 Infonnatkjn R•pJrt Oft Tru8tO0¥ lThd8Fendent Ex8mlThgts Report Slalement of FinancK91 A¢tsvlUes Balance Sheet 10 Not88 to the Flnaneial S18t&mont8
THE BRITISH ENDODONTIC SOCIETY (Company Limited by Guarantee) LEGAL AND ADMINISTRATIVE INFORMATION Tru•te•8 and Dlr•¢tor• Mr Mork Hunler Mr Stephen CavAe Kunal Potel Dipti M8ht8 Pr8b"k Shah Mr S&njeev Bhandori Dr DanK81 V8z De Souza Dr Samual ma Mcalister (Appoinled 14 M8rth 2020) Phlllp Torn8on Dr William McLe8n Mr Alyn Morgan Mr Giusapp DI FlllppJ Mr lad Gharib (RowJ8d 20 M8y 2021) Dr Noman Ahmed Athwal (Rèsw8d 20 M8y 2021) Dr Mad8 Lè88gni Or Josephine Camilkgrf (Appointefl 14 March 2Q20) Or Slmon Slonè (Appolnted 20 May 20211 Mr S8lnam Singh Vlrdoe (Apoointecl 20 Alay 2021) Mr6 Ri8ha Pael (Apwt•d 20 May 2021J (Resigned 14 March 2020) (Reslgned 14 March 2020) (Reswed 20 May 2021J Ch•rlty numb•r 1149178 Company numb•r 08183801 R•gl•t•r•d offl¢• 4 VlctOri8 Squ8rn St Albans H8rtfordBhire AL13TF Ind•p•nd•nt Ex•mln•r Silvia Vftièllo Moore Kino8lon Smth LLP 4 Vletoria Square Sl Albans Harlfordshl AL1 3TF Prlnclp•l B•nk•r• CAF Bank Llmrf8d 25 'n9& Hill Avenue KiTrg8 Hlll W•st Malling Kent ME194TA Page 1
THE BRITISH ENDODONTIC SOCIETY (Company Limited by Guarantee) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2020 This report covers tho flnanci818cb'vities of Ihg British Endodonlic Socbety for the financlal year ending 31st Oecember 2020. As In previous years, the Financial ActivS1ies wlll be prepared in accordance with the Charity Commi$s4on'$ 'Slatemenl ol Recommended Practtce.. Accounting by Chariliey ISORPSI. The report s%Yll be lodged the Charity Commission, together with the slalement of the Society's aclivilie5 for the year. The report 15 presented in the form of an 'lndependent Examiner's Reporf as is the requir•ment of the Charfly Commission for charities wlh a turnover of less than £500,000. structure. Gov•rnanc• and M•n•gernent Electlon of Offlcers 2020rL021 Due lo the impact of Covid.19 It was agreed that the Honorary Officers 11 r9pgal thelr year In Office for 21122. This motion was unopposed. Dr Will McLean will however sl8p down as Honorary Troasurer having completed two lemis of Office and Dr Dani¢l Vaz de Souza has kindly agreed lo lako his place, following a vole on Councll. This has led to a vBcgncy 8s the BES ESE Represenlaliv8 and this v0nCY has been filled by Dr Giugappe Oi Flllppo, following a Counc51 vole. Prn$ld•nt Prosldont El•ct VlctrPr•8ld•nt Eloct Hon. Troa8Uf•r Hon. sretary Hon. A•¥t. S•crotary Hon. Comrnunlcatlon• Offlc•r S8njeev Bhand8ri Marla Lessani Alyn Morgan DanSol Vaz de Souza Phil Tomson Dlpll Mehta Kunal Patel Three new members lo Council. Dr R18h8 Palèl, Dr Salnam Singh Vlrdea, and Dr Slmon Stone have beon 81ocled by the membershlp, uslng online vollng. 11 Is wllh Ihe aoreemenl of the AGM that these posillons are r8lill8d and the President weloom•d Ihem lo the Councll. Governlfto documenl Tha Bdlish Endodonllc Soclely 18 8 company limilod by guarantee and a reglslered charlly govemed by Its Memorandum and Artlcles ol A880clalion. Organlsatlon•l structure The charlty Is organised as a socSely for the promollon of p051gradualg edu¢all¢)n by way of meelino8, 1118ralure and advlce for members. the dental profe55ion and the general public. Tm$tee •ppointment. Inductlon •nd tralnlftp New Irust88s are appolnted by exi51ing trustees11 they are seen as helping lo fulfil any shortlall In the skill sol of Iho board. The charlly holds 8 general m88llng 8ach year. Exlstlng ITu8lee8 help with tha induction and Irainlng of new Irusloe8. New Irustaes are gncouraged lo read the guidance on trustees, responsiblllllos Issued by Ihe Charitses Commlsslon. Publlc b•n•ni The Iruslees have given due considaralion lo the Charity Commlsslon guid8nce on the operation of the Public Benefit requlremgnt and identify Ihal benefit in the aclivrties carried out for the PUfPO8e of Prornoting the obigcts of the Charity and charilable a¢bvllSgs as delalled in thls feport satisfy Ihi8 requirement. Risk management The Iruslee5 have a duty lo Idonlify and review the risks lo which Ihg charlly Is exposad and lo en8ur appropriate contro15 are in pl8cg lo provide aSonable assurance agalnsl frautj and error. Objectlves and activitles The activitie5 01 the 8rilish Endodontlc Sociaty aim to promot8 and advance endDdonlology lo ensure that th8 d8ntal and general health of the nalion is both maintained and improvgd, and that life long educatlon is encouraged and fadlilaled. Page 2
THE BRITISH ENDODONTIC SOCIETY {Company Limited by Guarantee) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2020 A¢hl•v•monts and performance The last 6 months sinc8 thè last AGM in Nov 2020 have conlinugd to bo challonglng lime for everyone but this has not stopped the work of the 50¢iely in ils 581b Year. During this tim8 thè council ha5 been led by the current President Sanjeev Bhanderi as hls offKe and the council officeig wore rolled ovar for a further ygar due lo the COVID pandemic. COVID Respons• The BES took a very acllve role early In engaglng wllh the COVID respons8 lo support il'8 members by developing guidelines and SOPS which included thè following.. Advlce on Triage and Management for Primary Dental Care and other he8thcare providers during the COVID-19 Pandemlc Ihlt s'.11 odon 31BE .AAA. cumen .31st-M -v1.1. Dlagnosis and Management of Endodonlio Emerg8ncies. a Brftlsh Endod¢)nllc S¢xiety Position Paper lor Prlmary Dental Care and olhar h8althcare provlders during the COVID-19 pondemlc s',11 hendodonllcsocl 02010418ES-Em 8ES conlenvu COVID-19 R8lum loads120201101BE lo Work sop -R8lurn-ltrWoTk-SOP.v-1.3.12 donll These guldelln88 and SOPS hav8 ba8n Included In documonls relèased by PHE and OCDO. They have also been referenced In international a¢ademl¢ Journals 8nd been wdely appreciated. They have baan kept up to tJ8te as thing8 have developed through the pandemlc. Many members of the councll de88N8 8 lol of eredlt lor Wofklng 18le Into the nlghl order lo develop those quickly and 9nsure they evolved wllh the changing slluatlon. M••tlnp$ Th18 has obvlously been a strang8 yoar ¥th cancellallon Of face lo face meellng$ bul the Autumn reglonal meeting was Conducted in Nov 2020 and was 8 great success. Thore were talks from Dr8. Danlèl Cèmy. Glanluoa Plolbnl, Mo Fayed, and Hagay Shem8sh. and 252 paoplg registered. The meeling w85 greatly rBcelvo(I The sociely is k8en lo ggl back to face lo face meetings as soon as po$sSblg as11 appreciates that one of the highlights of any BES meellng18 calchino-up wtth friends And collaagua¥. Engagement The BES does Il's best to represent the views of OUT membership across 4 number of issues facing our speciality and denlislry In goneral. We conllnue lo build relationships wlth other $paclallsl 8ocleti88, the BDA and have representation on a number of represenlalive bodies. Members of councll sll ay repf8s8nlalives for the BES on the SAC, RD..UK, ESE, sen?te of dental speci81ilies. This year work has Included contribution lo Revised Standards for Specialty Training, review of the GOC endodontic ¢xrrtculum, coding fty larlffs lor hospital payments IGIRFTI am¢9$1 olhgr pleces of work. The BES 8UPPOrt the national and Int8rnalion81 c8mpaign aboLrt Anlibiolic Resistance Awaren8ss pr(KJuced 8 patient information video Ihot was created by Sh81ini Kanagasingam and Nargis Sonde which educates patients about the siluations wh8n 8nlibiolics are not suitable to treat dgnlal pain Ihll s.'Ilbrilishendo ontics .ukl alienl- ublScluse-of-anlSbioli . In order lo improve impact next year PHE are happy lo partner us. Page 3
THE BRITISH ENDODONTIC SOCIETY (Compatty Limited by Guarantee) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2020 New for 2021 is the BES Early C8reer Group. The Earfy Career Group (ECG) received offi¢i81 status 88 8 sub-section of the BES at tha AGM in Novgmbar 2020. The aim is to help further the eéUc8t0n and training for d8ntal profe55ionals al the earfy slagas of I1r career, all of who Share a passion for and interest In Endodontology. 11 hthll al30 act as a forum lor dentists to nétwork and exchange information. working towards tho lomialijn of 8 small sub-commiltee in the future. I'd like to thank Kunal Patel. Daniel Vaz de Souza and Maria Lessani lor thèir work on this. We have also publ55hod recently an Eady Careers Guide on our website lo try and answer som8 of the questi'ons wthich occur fa9ularly as lo roulos lo advanclng In the sperAally, In order to support GDPS and to improve con51slency of th8 d8llvery ol endodonlbc procedur88 in the UK a working group from the BES council havÈ been working on a set of Bast Practice Guidelines for Endodontics which 8hould b8 released later this ye8r. Flu•nl PR M?rk•tlng The Soclely remains engaged wlth Andrea Williams of Fluent PR Marketing, who has considerable experlence In the PR Industry, and speclflcally with d8nli81ry. Androa Williarns Conllnues lo 888181 wllh our marketing and social medla slralagy as well Bs the regular newsleltars lo m8mbar$. W•bsl¢• Ajlhough the 8ES w&bsile w88 put on a new platforrn lo modern18e It there 58 an appreciation Ihlngs could b8 beller. so alternalive web suppcrt is being Sought in order lo develop11 further. Alemb•rshlp ember8hip of th6 Sociéty stands at 595. Memb8r8hlp lees remaln at £110 to go l¢)ward8 coverlng adminlstr8lion co8ls lor the runnlng of Society and the monthly editions of the International Endodontic Journal. IFEA World Endodontlc COn1•ren 2024 Dr Wllliam McLean has put logathar an organlsalbon committee with sgparalo working groups that 18 now gettlng inlo much more delall wllh organlslng what vlll be a Irem8ndous evenl. The prlority 81 IhS8 St8ge18 lo confirm Ihe programme and the speakers. Mambers will be kept up lo dalès a5 plans crystallise. Educltlon The BES conlinLtes to engage wllh endodonlk ed(tcalors and academlcs acro55 Ihe worfd lo ensure th81 the 8pecialty remalns at the lorefronl ol dental education at both und8rgraduale poslgradualg level. This year it was p8rtScular Important due lo the difficulties of d¢llverlng UG and PGS through the COVID pandèmic. Professor Allson Quallrough arrangad online m8etlng of UK 8duc8tors In Endodontics cfi Nov 271h 2020 In order lo shor8 upd8t88. experiencès and best praollce lo support those Invofved. Re¥earch Grants The BES f811 that il had an opportunlly to support research almed al addre¥$ing andlor mlligaling against Ihg imp8cls of Aerosol Generallng Procedu$ (AGPS) during the COVID-19 outbreak in order lo help memb8r5 and the dental profession develop a safe environment lo work in. 11 allocated a total of £85 000 betren 3 groups al KCL. Leeds and Newca8lle.11 ha5 resulted in publications so far.. Sgrgls A. Wade WG, Gallagher JE, Morrell AP. Patel S, Dlcklnson CM, Nlzarall N. Whailes E, Johnson J. Addison O, Hardalupas Y. Mechanisms of Atomlzaiion from Rotary Dental Instruments and 118 Mlligalion. J Dent Res. 2021 Mar',100131.'261.267. Llandro H, Allison JR, CurTie CC. Edwards DC, Bowes C, Durf)8m J, Jakubovics N. Roslaml N, Holllday R.Evalualing splatter and settled aerosol during orthrxlontlc debonding.. implications for Ihe COVID-19 pandemic. Br Dent J. 2021 Jan 8..1-7 Page 4
THE BRITISH ENDODONTIC SOCIETY (Company Limited by Guarantee) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2020 HolllJay R. Alllson JR, Cufria CC. Edwards DC. Bowas C. Plckering K. Reay S, Durh8m J, Lumb J, Rosiami N, Cou118r J, Nile C, Jakubovics N. Evaluating coniaminal8d dgntsl aerosol and splaller in an open plan clinic environment.. ImplS¢alions for the COVID-19 pandemic. J Dent. 2021 F8b;105'.103565. The principle investigators of 8ach group w511 be asked lo pre88nt a summary of Iheir findings at the jolnl springlautumn me8ting in octor. The Spring 2020 reSeah grant was awarded to Df David Edwards. Univorslly of Newooslle. whh a project entitled.. To d8v8lop and validate an irreversible pulpitis model in th8 rat molar. axplore central proce53ing of nociception and collect preliminary data on curr8nt management strategies. The Autumn 2020 research grant for r888arch workers was oworded lo Salnam Vlrd88 81 Blrmlngham School Df Dantistry wlh a prolecl 8nlllle¢J.' The effects of d8nlin8 exlracgllular components on mesenchymal stem ¢ells derlvod from human inllamed periapical granulation tissue an In vitro experiment. In order lo off-set Some th9 Inveslmenl In COVID related research the grant for research workers wlll bo Suspendod In 2021. Awwds The society has a number of awards and grants that ar8 offèred on an annu81 bas15 and Ihls Is a really Important part of the business of the soclgly lo encourage enlhu5iaslic developing clinicians, reyearchers and leachars. Thls year the Asslslanl Honorary Secretary Dlpll Mehta and the Pr8sid8nl Elect Maria Les8ani have reviewed the priz85 and thg lollowlng changes have been agreed Ihrou9h councll., Underyr•duate Research Prlz• We offar a new annual nalSonal award lo the bèst undergraduate rgsearoh pro¢1 In the field ol Endod¢nlology submittgd by a dent81 undergraduate sludenl. Asplrlnq Younq R•0ber 8esl 8y8temalic review or re308r¢h project In the field of Endodontology submllled by gn Earfy Car88r$ Oenllsl Out¥tandlng Cllni¢•l Award The prfzg Is op8n lo any member of th6 BES, who18 eurrenlly undartakSng a poslgraduale degree course In Endodonlology. Younq Pr•clttlonwPYlz• In Endodontolopy The priza Is op8n to 8ny member of the BES, has bean on the GDC reglsler for up lo flve years. Th1$ prize Is not opgn lo Foundation Dentists in their first training year IDF11. Those members who have cornpleled or ara on Taught M¥sters program8 in Endodontics are not gllglblo to onler. submll three case reports. Insplrntion41 Full tlme 1o¢tur•rawaYcl The winner of the award will hav8 been nominated for their dedication lo the delivery of 8ndtyJonlic ducalion lo Ihèir sludenls., Insplrlng 8 desir& lo pursue excèllence in endodontics throughout thelr careers, In$pirntion8lpart-tlme l•cturnr •ward Same as abova part Ilme. Page 5
THE BIUTISH ENDODONTIC SOCIETY (Company Limited by Guarantee) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2020 The complete sel of Prizes are advertlsed p6rfodic8lly through the yr al appropriate lime via the wabsita and social media. We would encourage all rnombers lo participate in thosè areas where they may be eligibb. For those memb8r8 wLYklng in univ8rsitl8s or Involved in training eariy ¢are8r dentists we would ask that you make your students aware of the competilions Ihal they may be able lo enter during their lime as undergraduates ond newly qualified denlisls. FlnancSal r•vioW Th8 Charity continues to ba in good he811h. Th8 8ccounl$ showed 8 brought fOard balance frcffn 2019 of £665.776. The surplus for the year was £27.801. Incom• Society incoma fiom all Sources showed a decrease from the previous year and w88 £279,337. This decrease was largely due Ir> a reduction in Events incomè due to Covid-19 pand8mlc. Royaltl•s Thgse arisè from the agreement batan the BES and Blackwell Publlshlng and are roYaltS on the lille of the Internallon81 Endodonlic Journal. The expenses for th& Journal ara borne by the Publishers and thg Society rgIve5 a don81ion of a share of the profits. Our donation rgcelved in the financial year amounted to £195,286 which is an Increa over the prevbous year 01 £62,524. Thls was a result of an arror on behalf of the publisher when calculatlng costs. A one off adjuslmenl of the donatlon way necessary lo account for thls error. The projected in¢omg lof the coming year wlll b8 In line th that of prgvlous years. The success of the Journal is founded on tha past ond present efforts ol tho 8ES, Ils memb8rshlp and the edilorlal board. Expondllur• Expenditure was deorgased compared to last year at £251,536. Th18 was larg8ly dug lo reduced Evenl8 C0818. Although Spring meellng 2020 w88 ¢anc811811, we have nCUrred coyts of £45,086 Id8po8its paid). Research Grants were pald In 2020 In the amount of£40.597 compared lo £3,869 In 2019. Ale•tlng$ The Sprlng Scientific Meellng 2020 was cancelled du8 lo tho Covld 19 pandernlc. The Reglonal Megllng in 2020 was hekl vlrtually and had an Income of £16,325. Summ•ry The 8rlli$h Endodontlc Soclèly COntnueS lo remaln in a very hgglthy financi81 pos11ion with a g¢)od membershlp. The financial 8uccess ol th9 BES for the year 2020 was du8 lo the efforts ol the entire commillg9 bul in p8rticular the efforts ol tho Presldenl, IEJ Edllor, Hon sretary and Annabel Thomas contlnues lo provide inv8luable support and conlinuily. R•$wves pollcy At the year end, the organlsalion held reserves of £693,578, The charmy does not have a fomial r888rves policy bul the Iruslees bgllove that they have adequalg roserves. Golng concom Tha accounts have be8n approved during the ongoing conc8rn wllh Covid-19. The situation in the earty part of 2021 is still very uncertain which led lo the decision nol lo hold the usual Spring Scientific Me8tlng In M8rch 2021 bul lo comblne 11 wllh the Regional M8eting in October 2021 when it is expg¢tgd that the situation In the UK bwll continue lo improve and il will ensure that any risks will be assessed and approprfale action taken. This will form part of the Society's nomial risk management Processes. In addition, Society expenses in 2021 have been reduced due lo most of the activity ol the Society In 2020 and 2021 being digital. Therefore Council considers il appropriat8 for the going concern basis to be adoplgd for these accounts. P8ge 8
THE BRITISH ENDODoiYfic SOCIETY (Company Limited by Guarantee) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2020 Plans for future perlodB The Charity plans to improve its services lo ils memb8fS. th8 dtal prolessiM and the general public in line with its charitable oblecllves. Stat•m•nt of Truste. Ro8ponsibiliti•s C¢)mpany law requlres trustees to prep8r6 financial statements for each financlal year whh give a true and fair view of Ihe Slate of th6 8ffaSrs of the charitable company and of the Incoming resources and application of resourc8s. indudlng Ihe Sncome and expenditure. of tho Gharllablg company for that period. In proparing Ihase financial slalements. th8 trustees 8re required lo.. salecl 8ullabl8 accounting policies and then opply them consi8lenlly', observe the methods and principles in the Charftles SORP., moke judgements and estimat85 that are reasonBbl8 and prudent., slate wh8lher appllcable UK accounting stand8r(Is have been followed. 8ubje¢l lo any m810rf81 d8parture8 disclosed and explained in the flnanclal slalemenls.. prepar8 tha financial slalemenls on the going concern basls unle88 It18 Inappropriate lo preyume Ihal the ¢horSlable company will continue in business. The Iru81888 ar8 r88ponslble for keeping proper accounting TOrdS that disclose wtlh reasonable accuracy al any Ilme the flnanclal p08111on ol the charitable compony and enablg Ihgm lo ensure that the rinanciol slalemenis comply with th8 Companlos Act 2006. They 8re also respon51ble for safeguarding Ihe assets of the ch8rilable cornpany and h8nc8 for 18klng rea80n8ble Steps for the preventlon ond delectjon of froud and other Irrèaularilies. Thls report has bean preparad in accordance with the Slalemonl ol Rocommended Practice - Accounting and Reporting by ChBrili&s 2015 and in accordance with tha special provislons relatlng lo small companle8 wlthln P8rt 1 S of the Compgnlgs Act 2006. Approved by the Tru8le8$ and slgned on Ihelr bohalf by.. 23.09.21 Dale Dr Danl•l Vaz D• Souza Trustee Page 7
THE BRITISH ENDODONTIC SOCIETY (Company Lirnited by Guaranteel INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE BRITISH ENDODONTIC SOCIEry (Company Llmhed by Guarantee) I report lo the chgrity trustees on rny examin8tK)n of the xcounls of the Company lor the year ended 31 D8C8mber 2020. Ro•pon•lbllltl•s #nd b4•ts of r•port AS the charity's trustees ol the Company (Bnd 8180 Its dir8ctor8 for Ihe purFMX8S ol company lawl you ar• re8ponglble lor the propBratscfi of tho acrLJunts in accordance whh thè fequiremants of th8 Cornp8Trie8 Act 2(BI,the 2008 Act'}. HBvino saligfied myself that the 8ceount• ol the Company aro nol required to b8 audlled uThJer Part 16 of 2006 Act and eligiblg for independent examlnatlon, I f6POrt in respect of my exarninalion of your charivs accounts 8s cathetj out undèr $8Ction 145 of tho Charibe8 Act 20111'th8 2011 Act'l. In carrylng out my eXamition I have folfv)wed the Directh)ns giv•n by the Charity cornmissi undor 8ecOon 145151 {bl ol the 2011 Act. Ind•p•nd•nt Examln•rf8 8tatsm•nt Since th8 Company's gr088 Inc0rn8 8XC8eded £250.000 your 8X8minef musl bo 8 member ol 8 body li41od in 88ction 145 of th8 2011 kl. I confimi that l am qUAllfled lo undèrtako the exarnln8ts.on because l a roomber ol the ICAEW. svhich 18 on• of thg li8tsd bodieB. I havÈ cornpl?ted my examinallon. I nmI that rnpllgr¥ have come to my attenlon In connedon th lh• 8xaminolion givin9 rne cau59 lo believe.. 11 &counting records re not kept in ra8FeCt or th• Company fequired by 88clion 386 01 the 2CiI8 Act 21 Ihe accounts do not accord with th058 record3,' or 31 Ihg aceount# do not cornplywllh the accountlng r6qulr&manls o18B¢lion 396 of the 20 Act olher than any requlram8nt thai tho aecount8 9lve 8'lrue and f8ir vlew which18 not a matter consldered a$ part of an independent examination.. or 41 the accounts have nol been prepared In 8ccofd8nc8 wlth th• methods ond prtnclpk88 of the Stglernènt ol Recornmsrtdtd Pr8clice for bccounllnG and reportlro by ch8riti•s. I have no eCC&M nd havg cryno a¢ro88 no c4her rnattor8 In connecth)n wllh the examlnollon to whkh 911gnllon Shoukl b8 drawn in th18 report in o¥d¢r to 0bI& 8 prwr underntandlng ol the accounts to b• reeched. 2310912021 S51vla Vltlo11o FCCA On b•half of Moor• Klng•tt)n Smlth LLP CMrtgr•d kcountsnts 4 Vletorla 8qu•ro St Alban8 H•rtford•hlr• AL13TF Page 8
THE BRITISH ENDODONTIC SOCIETY (Company Llmitod by Guarantee) STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2020 2020 Unrfj$trlcted fund6 2019 Unr••trfct•d fund• Notg INCOME AND ENDOWMENTS FROM: charl18b actlvitie8 Investments 278,733 316,860 1,106 Tot•1 Incorn• •nd •ndowm•nt• 279,337 317.986 EXPENDITURE ON: Chadtsble 8Ctlvilie8 251,536 353,804 TotAI •xp•ndltur• 251.536 353,804 NET INCOME 27.801 135,8381 RECONCILIATION OF FUNDS Total fund• brought forw•rd •t l Jknuwry 2020 865,775 701,613 Total fund• c•rrl•d forward •t 31 DK•mb•r 2020 693,576 665,775 P•3e 9
THE BRITISH ENDODONTIC SOCIETY (Company Llmltod by Guarant••) BALANCE SHEET AS AT 31 DECEMBER 2020 Not• 2020 2019 Current Aa•t• D8btor8 C86h 8t bank and In hgnd 45.931 671,119 54.296 640,128 717,050 694,424 Ll•bllltl• Cradltors.. Amounts falling duo wthln on• ywr N•t cTr&nt A•w¥ 10 23,474 893.578 065,775 Total A•Ml• IM• Curr•nt Ll•bllltl•• 693,576 685,775 Not AIMt• 693,576 865.775 R•pr•••ntod by: Accumulat•d Fundi Unr88tricteLI fund8 Genoral lund8 12 693.576 e65,775 Tot•1 A¢eumulat•d Fun1• 693 576 685,775 For lh& fingn¢lo1 ytsar WKled 310ecember 2020 tho eomp4ny was entltl8d to •xemptlon from audtt under sectbn 477 01 the Companlas Aci 2006. No member of the eA)mpony has 49POBited 8 notKo, pur6U8nl to secticfi 476, rtquiring 8n au¢Jit ol the88 financi81 $14tsmgnl¥ under tho requlrem8nt8 01 lh• Compaftjèi Act 2006. Th• dlrectors acknowledge thèlr rèspJn8ibililie3 lor cornplylng wllh tho rgquirgrngnl$ olthe Ad th respect to 8ceounllng rgcords and Ihe proparath)n olhnan¢l818tst¢monts. These acwurnls have been pr8par8d in a¢¢ordanc• provlsknns 8ppllcatAo 10 o)mp8nk•8 suwect to th8 6rn811 eompanl•i wlmè. Approved bythe Board for Is8ue on...................... Dr D8nl•l V•z D• Souu- Tru•t•• CompAny Thumr: 08183801 Chartty r)umb•r: 1149178 P8g6 10
THE BRITISH ENDODONTIC SOCIETY (Company Llmited by Guaranto0} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020 Accountlng Pollcl•• The Ic41owlng n(la& tho m8in ¢nb"ng Wick•$ol the tharity whKh ha¥e been LK4ed fA)nsienlty In wep8rfng the80 aCttnI8. The finBncial slalgmAn16 havo boen prop8rwJ in accordwncg whh the FInan81 Repollng stsnrJBrd 8PPll¢4Ntr In tht UK nd Republic ol Ireland IFRS 1021. Thg CLpanY IE B public benefit entity lor tho purposes ol FRS 102 and fi regjlerod charity o$labli•hed as o comNY Iimit8d by guarantee and the10fo ho8 a180 propawd ils finBnGial BIDlements in cordanco VAlh the sial8mBnl ol Rocommended Pract0 aFvllcaUe GhErflies WPPPTITV Ihglr ac£oun15 in occor¢an¢e vllh th8 Fin3DGial R0POrting Standard appllcablè In thè afyj Republic ol 1Mla (Tho FRS 102 charg8 SORPI. Iho comp8ni88 Act 2006 and ChBriiles Act 2011. Th• Chadly c¢n8lllut•s a publk bqn•frt enllly dofid by FRS 102. Ibl Golno con£•m The chonloble ¢omp8ny made a nai 8uolu# of£27,901 th• at Ihtr Bdarth Sh1 had tot•1 occulnuloted tu$ ol £693.576. Subaaquenl lo Iha year ond oThY In Ih1 ol thp CDr0naviS pandamelc, Iha INslq•• h•v• oY80$5od vkn8lh6T Iho uae olgoing concern b9$111¥ 8ppFoprlaiB wThsldered po¥slble ev8nl¥ or Cond1#8 Ih•i mighl Et svJnillGanl ijoubl on the •tdllty ofihe ehar118bl8 tcrfnpany lo condnua o golng conc•m. Tho tru8tO08 h8¥e m8d8 Ihl& g&sessrnenl for ol at I81 on8 yqar frL¥ll IhB dalg DI thD opproval ol tho80 flnenclal 8Wtemenl8. In particular. tho Irust8ou h8¥0 considoF8d the th8nlable company'j Jnd pFoj8clion$ h8¥8 18k accoLnl ul preB8uros on InCe and the irnp¥cI of th• pand8mic After making énqulrlos, tho trust•e$ howo conclud8d Ihii ther• li o rgAsonabl8 expectati Ih•i the GhJTtt4ble compony has adgqU810 re8ouir$ lo ¢oniinw In operblional exl&lonco lor lor66008ble luiuro. Thq chgr41able Gomparry Ihtrelorfr convnuos 10 adopt rhe golng conc•m In Il• finandal tstsmwl•. 1¢) Incomlng R•s•uK•i AJI Incoming rBgourceB ero rwcognlEqd In Ihe p•rfDd In wthlch itsy arg r8c•1VAb %lch li ¥%an lh• ehadty bqcom•• o•lly •nlllled lo lh• rogourc•. Idl R••LWTC•B Exp•nded Expqndilui• 18 •ccoun18d lof on an 8ceruil• ha$ teen cla8$ITh8d undertt•adlng8 thai wegjte Jll rololeo lo tho c8logory. It Includ& both Ihol can bg 8lloc•ied dirOCIIy 8u¢h aGlivilieJ aa VMII a8 8UPPOrt And go¥ern•nca co818, 1.8. those rmlll ol an Indirocl n8tur• n•¢o8Sary to 8UPPL¥t lluch 4c1lvili. Support and Govomon¢• ecllts In¢lud• those MBI• 888odaled wbth maoiing ¥orotiluli0Tho1 •nd swu qulrem•nts cl th• chpnty logolhqr llh cmls Ilnked 10 tho 8tfitegic fflJnBuqm•nl allh• chorily. l•) Gr•nt m•klng pollcl•i Thg IFueleo8 811(tat• gmnts h •Ecordoncilh th• obl8cI? s81 wl In the m0JuM Artkhi 01thwL1 of the Charita CompEny, whlth summ8ri¥od Tru$iees' Annual Report. In Fund• All tho Ch11•8 fundj unreulrfdgd whW moan8 ihey con te usvd for of Ihtr chBdlabl• ¥CU1*S. Inc•m• Endowm•nti 2DZO 2019 Delegate fees Other rnBmbor8hlp IrK4me Trade Star RoyEthes 16.325 07.122 98,808 71,150 14,140 132.762 195,286 Incom•frofft inw•stsnent¥ B8nl inlem81 receive(I 604 Tgtal Inc(9 •n4 En¥owm•nl• 279.337 317,966 Pag011
THE BRITISH ENDODONTIC SOCIETY (Company Llmlted by Guaranto0) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENOED 31 DECEMBER 2020 N•t8Urpluld•IICItj for th• y•ar l• •tst•d •ftor th•rulng'. 2020 2D19 Ind&dent BxarrdTha f 11,380 AN•10 of r••our¢M expend•d ChafMabl• Actlvltlw Go•ts= Th• promotlon of po¥turaduat• •duulloh Dlreci costs (not8 51 SupportatKI G0vorn costs Inc4e 61 Grar 202Q 2019 95.328 153.874 196.061 3,869 40.597 Total Chorftsbh AÈllvltl•i Coil• 251,536 353,B04 Dlr•el E¥p•ndltur• on Ch•rftl• A111• Joum&l subscrtpllw costs Sprtno Sclonllic meetW co•18 Reg81 Mettung costs DOnllry Show ¢osts Olhor tnBBl*vJ mts 47,350 34,713 8,357 49.595 28.821 53.946 z.eol 12.oe6 6,629 153.874 2,024 2,684 95.328 An•lyBls ol Svpwt Co•t• Support Gov•m•nc• Total 2020 Total 2019 AdmlnLglrqlofB 8aLqry dmln SuFPJrt Prlzos 46.487 312 7,847 1,588 18,042 46,487 312 7,847 1,5UB 16,042 40,552 6.658 3.247 30,139 AdverbJlna Bld debt Bank charg04 Cr8dl card ¢h•ry•¥ Teleph¢ Ccffjputer8nd Intem81 onDraTia SubKrtplcr Spon8orshlp Sundry &xp8tw$ Insurnn¢ Arcountan¢y Leg and con8ullarty 280 2.444 3,055 475 44,780 21,441 57 57 4,000 1,355 102 1Q.297 321 15,564 20.110 4,074 240 4,074 240 11,otKs 19,391 11.000 19.391 85,220 30,391 I96,[1 An•ly•l• olGr•nts Pikl 2020 2019 R¢$¢8r¢h grant 40.597 3,869 3.869 40,597 Pagè 12
THE BRITISH ENDODONTIC SOCIETY (Company Llmlted by Guarante•l NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020 Wffj• Ind ••l¥i 2010 2019 V¥8998 gnd 88lada8 NfilvJn InSurare conirfbullong ErnplOrn Pencff ContrlbuUon8 44,127 1.225 1.136 46.4 38,475 1,1B4 893 .552 trIng the ended 31 Docernber 2020 the cbadty had an 8v6rage of 1 trrnployee12019. 11. None of the Iruslaej rece¢0 remunerauon or other benefll for the year endBd 31 DBrmbor 202012019.. £nlll. None of tho trutsièas Yre re1mr8ed lorany expen888 during the ygBr endBd 31 Decernber 202012019.. £nlll. D•btor• 2020 2019 Trad• d•blry5 Prepaymènts and knc0rn0 Otherdebiors 2,825 42,690 41fj 45,931 9,778 44,620 54.20e 10 Crndltorn.. ArnDunts lalllng ¥u• wlthln om y••r 2020 2019 Tr•J8 cr8dllorn Acciu818 8nd defe¢red kn¢fm• Tox and oocl@188cudty Oih•r v•dllorp 1,452 16,897 2,959 2,165 23,47 4.896 21.497 2.438 11 D•l•rr•d Incom &•¢• At 31 D•e•mb•r 1 Janu•ry 3020 Incom• d•f•rr•d R•hu•d 2020 D8lerrnd InMmo 2,080 1.770 1,770 Dglprred Inc4)m8 01 yegr end to mamhp Ittro recelvod loryear 8nded 31 Dac•mt•r 2021. 12 An•11• ol mov•m•nth on I•• BlnÉ• •t 1 J•fiu#ry 2020 •l•ne• It 31 D•¢omb•r 1020 Ineornlng r•Jurc R•¥ouru¥ •xpwnd941 Unr••trlct•d r•••M Genoral lunds 865.775 665.775 279,337 279.3Y7 251.536 251.536 693.578 693.578 13 knlyAl• 01 n•t ••8•10 b•tw••n ld• All a8aat88nd IIBbllltie8 ot iho yeal end rdate to unmlrkted funds 14 C•mpany Ilmi¢•a bygu4r4nt•• The chwiy Is limilfd by YrOThIee Bnd dopB not hove 4ny8haro c8plt81, Each m8mbèi ofthe Lartty1$ Ii*kn to repay the debis up to 8 limll 01£1 each. 15 R•L•t•d yvU•• charlty il not8%Yrfy ofany reL91ed party IrarwcUon$4uring the pertod. Page 13
THE BRITISH ENDODONTIC SOCIETY {Company Llrnited by Guarantee) INGOME 2020 2019 ActiwÈie8 trqenWatI fimd&' Deleggts fee8 OlhBr etshiP knceme Tr8de $tsThJs RoyaWB 18.325 67.122 71.150 14.140 132,7e2 316.A80 195.286 278,733 InvlmOntIncQrnv DeposIt8cUnt interest 1,106 Total Ineomlng r•Bouru• 279,337 317.*6 EXPENSE8 A01$•tor'S s8ry ¢0818 Admin Supporf Journal 8Ubtsc Eo¥ts SprknB SclenUn¢ MeeW c06ts Roglond Meelinu coat• OanItry st co&1& OthormeeUrvJ COB16 Tr8vel end 8#118ne¢ PrKze4 PoBl4eand 81alknn8ry Advertisi eank thwrgo8 Credrf card ch8rg¢g Tepfv Computer8nd Intemel HoncK8rfA SubsrylpNoro ROB68rch wnl& Sundry txpenies Swnsorship Insur&nc 48.487 312 47,350 34,713 8,357 40,552 49.S96 28.821 53,946 2.807 12,Cfj6 8,639 5,659 3,247 30,138 2.024 2,884 7.847 1,580 18,042 2,444 3,055 475 44,7&J 21.441 57 4,000 1.3SS 40,597 4.074 10,297 162 321 319,130 240 221,145 AwounlJnGy Legal and CLYoJullarty 11,0(¥J 19,391 30,391 16,564 20,11Q 35,674 Total r••our¢•¥ •ip•nd•d 251,536 353,804 Net Ineom• 27.801 35.83B Th Fege not form p8rt rllhB ffiwnc4818talqrnents 8nd18 for th8 Tru8tee$' InfcmllDn th. Pago 14