Reglstered number.. 08163801 Charlty number: 1149178 THE BRITISH ENDODONTIC SOCIETY IA ¢ompany limiled by guarantecl UNAUDITED TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023
ThE aRrn ENDODONMC SOCIETY IA ¢ompany limiied by guarathteel CONTENTS Page Reference and adrninistrative details of the CoThp8ny its Trustees and advisers Trnstè&s' report Trustees, responsibilities statement Indont oxamlnofs rèport Statsment of financial activilw$ Balanco sh••t 10 Notes to the financial $tatements
THE 8RmsH END00c socIErY IA ¢ompoTry Ilmlted by 9uaranteel REFERENCE AND ADMINISTRATIVE DAlLs OF THE COMPANY. ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 DECEMBER 2Q23 Tru$15 Dr Dipb. Mehta Dr Dan1 Vaz De Souza Dr Philip Tom Pt(trssorWill&orn (appointed 11 Mar¢h 2023} Mr plyn Morgan Mr Giuseppe Di FiSpw) Dr Petros Myk)nas Dr lAla Les5ani Iresuned 16 Match 20241 Dr Sirnon Stone (resigned 16 March 20241 Dr Satnam Singh Wirdee Mrs Risha Pal Sanje8v Lalji Bh8Thleri Ire5igned 11 Marth 20231 Josephine Camil7 Ir89d 11 M8rch 20231 SanMl Mark MtAi8ter Iregned 11 Marth 20231 Dr Shalini Katwgasingam lappinl8d 11 2023) Mr Rahul Patel lappointed 11 Marth 20231 Mr Sanjay Maganlal Ardeshna lappLNntec 11 March 20231 Dr Philip Jthn Charfes Mitwl laprM)inled 16 Marth 20241 Mr Sarnud Mawk McAJi5tar lapwnted 16 Marth 2024} Company reglstered numbw 081&1601 Charity registergd nrneT 1149178 Regl3ter8d office The Britssh EndodotiC SoThety Clo Moore In5wJht Sl James HtyJ8e VKar Lane Sheffield S1 2EX Accountants Armstron9 Watson LLP Chartered ATrtts 51 Rae Street Durnfrs DUMfr and Galloway DG1 1JD 8ankers CAF Bank Lillited 25 Kings Hill Avenue Kings Hill WÈSI MalliNJ Kent ME194TA Page 1
THE BRMSH ENDODONMC SOCIETY IA company limil8d by guarantee) TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2023 The Trustees present Iheir annual repori toJ2lher Nith the finanoal ststements Jf the Company lor yÈar 1 January 2023 to 31 Decernber 2023. The Annu81 report serves th8 puSe5 of both a Tru5te8s' r8fXYt and a directors. report under company 18w. The Trustèes tonfirm iha-. thè Annual rBport aTHI fintial giatemeDts of the charitable company comply wilh thè eurrent &iaiutory requirements. the requiretnents of the tharItab company's goveming document and the provisions of the Statement of Recornmellded Practice ISORPI appliCae lo charities prepaiing Iheir atxount5 in accordance wth the Financwl Reporting SlaTrdafd applicabls in th8 UK and R8pull of liend IFR51(r2118ffEcbve 1 Javuary 20191. Sinc8 the Cornpany qualif as Small uniJ8r On 382 ofthe Comp8ni8s Act 21Th. the Stratsgic r8tK)rt r8quir8d of rnediurn 8nd18rg8 cotnpanie5 under the CompanEs Act2006 IStralegK Rew)rt ThreLL¥5' Rep(xtl Regulations 2013 has been nItted. ObjeEtives and activitie5 a. P1¢105 and ot4•¢tSv•s In setting objectives and planning for activitie5. Iha Trus188s hav8 gwen du8 nSideratiOn to general guldancè publi5had by thè Charity Commission relats.ng to public benefrt indLKJiig Ihe gumlae,PuNl¢ benefit." running a d)aiily IP).. b. Activitie$ undertaken to achieve objecthves The arxivities of the &itish EndCOntiC Sttiety IBESI aim to promDte and advance endCKlontdJY and to ensure that the dental and yvriErdl Ii¥¥lth uf Ilie Iialiuii is tK)tli l1171d11ied aimj Ip[v¥1. Hrid thal k)tig IrfB is fuslBrtxl ur laEilitsttxl. A¢hlevements and perforniance . Main achiements of the Company The charity continue5 to be N goKKJ heamh. The acwjnts. including investrnenls. ShOEd a browht fDrward balance fiorn 2022 of £632,814. Th8 surplus for th8 y8ar to 31st ember 2023vKd5 £56.775. b. Review of a¢tlvltles The S in th& BES machinery have been luming rdlxlly in Ihe s1 12 nyjnths wll ttinue to do so. accelerating in the up to the IFEA World EndLthnlic conferen in Glasgow Ihis September 2024. The BES cou1 15 grateful for the 5UPPOrt of lis members, which helps io drwe us to do rrwe lor ycw. On behaK ol mberShip?nd Council I bvouky like lo thank the follwng people: To our Chief Operations OffKer. Annabel TIKKnas and her Assstant Suzanne McLean. Ihank you for the incre(liiAe arnounl of work that you both put in allaws the Sttiely to grow year on year_ Finalty, a big thank you to outgoing Prri¢Jent Dr Ayn for <le1Nlng a metnoiable th Anniversary year ftsr the Society. The benerrt of his weath of experience ha5 been rEfknted in the project5 he has been involved wh duriry hi5 lenure on CounLyI. Like a true Yorksh1Man. he has dealt th the ebbs and kn of Sc¢ty matters over the years an air of matter of facl-ness and grit that we could all leam from. Page 2
THE BRMSH ENDODONMC SOCIETY IA company limil8d by guarantee) Achlevements and rforniance Icontlnued} Mee¢lng$ The 601h Anniversary CelebratnS started wrth a tru specd Pasl Presmlents dinner honcwring the pivotal role they have played in the developmellt of the BES. The Spring S¢ientfft Meetin9 arranged by the PresKSent Dr w85 themed"Endodonti¢ rosearch". Pa51 petspecb.ves and future dIreC$- Fantasi¢ lecttffes wefy delNered by PtofBSS)r H81 Duncan. Dr Nits Rupatel, Dr Chrislos Bout&okis and Dr Frank C SelzÈr_ The Auturnn Regional Meetiry wa5 entitled 'Pushiry B(xIarIes. New approathps tt> sofve ohj pr(l)Iws" arKI saw thp BES head to B81fast for Ihe first time. Table dinKs were hekl by Or A5maa AJ-Taie. Dr Nimtt Patel, Dr Satnatn Singh Virdee and Dr Rh8 Palel. The main programtne was deliverpd wth in5pirthonal pie5entslws frutn Dr Paula Vila. Dr Dan Cemy. Dr Byron Tsivos and Dr Emest Lucas Taule. with the Conferer dinner being held at the Ste¢tsA8r Titanic Museurn. Both m88tings w8re extrem8ly successful enjoyed by al who attend8d. Engagement The BES conbnue to reprewl Ihe membership, expressin9 their views whÈn addren9 issues facing ÈndcxIDnlS and denhstry in gen8ral. Counol rneThb8rs 1 a5 BES r8presentativ8s on SAC. RD-UK. ESE. The S8nate of D8ntal Sp8ciaMies, Sp8ualisl Na¥i50ry 8oard RCSEdin, CliniG41 Standard5 Commiitee FDS RCSEDg. Endodontics has been promoted to the wider profew.on wa le¢lu delivered at the OtI$Y s1, Bimiingham and LorNYon by Dr Alyn Morgan. Dr Dan1 Vaz De Souza, Dr Rtsha Patel and Dr Samam SiThJh Virdee. We have also continued the Endodontics 101 Editorials with the latest on End0dtIC-Pe1thIal by Dr D¥Jti Mehts and Dr Rup4 Patd. These ¢ollaboi8tKJns will ¢onbnue. Communications and Markating The Society is now engaged with EK Communications wh) a prOvling a cwdinated approa¢h to an overall marketing strategy. Underthe direction of our dedicated HOnary Corr¥nuniG3ions Officer. Dt Fl'sha Patel s(Kial media stratY has been fruillul with continued rise in engagement across all rA3tfowm5. There has been a 57% inuease in Instagram followers120i91 and 17OA growth in profile visits and a 1c% increase in FaboOk fdbwers IT3001 and a 6£% growth in page Ni5rts. Our Linkedln page is developing momentum with a growth In monthly imwessions_ Websile traffic has seen sleadily inueasiTha with 2725 wsitors in Febrtry 2024. wilh the tn051 popular page5 bwng Ihe job trEeting pwJe5 and the BES case a55e55Tnenl tODI. Monthly NewstterS updabng the membership on B=S activities tinue tj be well reIVed and the member benefit ol°Latesl News" has been added as an opt-in fL¥ nmbefs to recewe weekjy Ujat&S on dental mattets. The tegular EditorrdL% m the denial piess afe keeng the BES on the radai of the WKler dental comtnunity. Membership The rnembership currendy stsnds at 825 [mberS. We would like to eroUrage ¢MJr rnertrs to set up direct debits to 8ate them to ive membership benefits all year round. IFEA Wortd Endodont conferen Glasgow 2024 Professor Willarn McLean has b8en irnm8r88d in th8 tlanning of Ihe confer8nc8 ak)ng wth the Drganisation cornmitt£e. The pwrdmrn8 h&5 around 80 sp8akers thal ar8 a mixture ol Imiited s[kerS and cntry R8presentatlV8s. Dr Maria L8ssani has b88n selethed as (yJr country speaker for her tent work (M) the sUrval of ro canal ttments in the NHS in England arKJ Wales. This will be the first IFEA 'NEC wlh dedtaled End(xYonb"¢ Te*hers 8rK1 Early caer Group sessb)ns. The ¢all lor papers has closed receniiy Wlh over 250 suDmssions. We rN)pe thai our members will suprth Ihe BES to fly the IFEA banner high and maKe the conference a r1wnrfint successl Page 3
THE BRMSH ENDODONMC SOCIETY IA company limil8d by guarantee) Achlevements and rforniance Icontlnued} Edu¢atlon The activities of the BES Teacher5 Group headed by Professor Ajison Qualtrough have wntinued Sin their last meeling in February 2023. A posit statement suprx)rbng the use of magnfficatw for de[gdEtP ¢tudpnts is in line to be published soon_ The BES has beon invdved in a collaborative workiTvJ tyoup wlh HEE lo supp)rt Ihe 5ettitvJ ol Stsndard$ for Foundaiw Dentists sel up by Pasl-Presidenl Dr LÈssani_ Following a tter to thè Chair ol Denlal ScFK)ds Ccmjncil BES reprèsentatves have been invited to rneel with the Dental Schoo15 CounLal Education CLYnrnittee for knrfher discussK)n to hvJhlight the need to improve the standards in undergraduate end(KJonti¢s. With the aim being to brithJe Ihe gap beh¥een undtrgraduate teachiThJ and pr8ctsce expectstions at FD levd. HEE remain keen to colaborate wth etthdontsc teaclErs Ihe BES. 'A &JkYe lo &)rxY Endodcx)ts"¢ Practice- has been well rec8ved by ts prrfe$S Since its laun¢ in Septemtrr 2022 it ¢ontinue8 to attr8¢t regular visits to the website where rf ¢ontinufS to remain availale. Hard S)e$ are available to new mwbers on r9qUgsI and can be purchased from th8 BES by )n-rnernb8[s. Furth8r hard ciyi8s Ik3v8 b88n distnbut8d to Ihe Und8rgraduate d8ntal sch¢)ols. The impact oftl GEP has en fett on the Conts"nt and we are working Frenc kneiy to tranate it. A trauma inloimation leanet and paLt inlormatioTr leaflets ale in thr development stages. vath wtsrkn'ng groups preparing boih in Early Career Group IE¢GI The BES ECG is now in its third year. Co•kd by Dr Maiia Lessani. Dr Daniel Vaz De SoLoa. Dr Dipii Mettts and Dr Satnarn Singh Virdee, the s01 edated study day was wn (h tre theme"Is K1(xJonb¢ ttrrent aayS the an$%Yef>°. The sessions were split into 3 tracks represerting the varKS sta9e5 Df an eaty f2reer dènth.sl narnety, Newly Qualffied Dentists interested in EndcAlontitt, Newly Qualffied Denlist5 Vath a Masters in EndLoncs arKJ a d*cated MEndo prepardb'on tiack foi postgraduates. The event was well attended with a wbrant mix of ndivKJuals inie-ested endodontics and plenty of neNorking opportuniis,. We had 9 sp8aKers running the lecture wgrarntne as 11 as iepresentabve5 Ir both Royal Colleges_ Klock viva exarniThaliDns were run by Dr Maria Lessani and Dr Philip Mit¢helL Thank yw toall f¢Y making il a succtssftjl ¢ay_ The Terms of Reference for the ECG hav& been ajreed by the BES Council there will b& a call fDr interest ID be a part of Ihe organising cornmittee in due course. Led by Dr Salnam Singh Virdee, the ECG EndJo1rtK Career Palhvrdys ¢knAJment ha5 Ln UFxlated to reflect recent thanges. The dorurnent is available on the websiie the ECG page5. The ECG 15 keen to wth Ihe lirti1 rrembers of Ihe So(iety by attending Undergr4diiate events The BES led the way as the only 'Society repr8sent81ives at the M8nchest8r Dental otudenls Union Trade Fair and th8 recent British Undergrdduat8 D8ntal Research cOnfence Research Grants Dr Siobhan Cushley and Dr Hannah Bradley werE txjth awardel the 2C23 BES Grant for Research Work. Dr Cu<hley. frorn the University of Belfast was aw8rded for her work on "A multi<mitss to idtr)tify tI brnarkers and therapeutics pulpitis". Dr Bradley. from the Univergiy of Glasgow was awariled for work cx) "Accuracy an(J efficwy tsf dynamic navigation versus freehand ac$$ In IctatiNJ calcffied canals.. in vitro anatysis.- Four aprdicats.ons have been wived for Ihe 2D24 grant. Awards The annual BES award5 recognise progie55ion towaTd5 atKt achEvetnent of endEthntic excellence. A multitulle of awarcls exi515 for our at vanous 5tsge5 of their cargew5 wilh aitn of encouraging and developing the enot WrKkfor. Th15 year saw tho inlrDduclion of The Mark Hunter Eatty Career 12 in Endodon1ok. rÈnamÈd in mÈnw of our dear Past President who inspired so rnany denbsts during the earty stages of their careers. Our prEes are 8 core part ol the BES arKI w8 would erKourag8 all eligitle rnernbers to parbcipat8. For th058 in leaching positions or inV¥j with eaity Career derrtists, we be gratpful rf YDU could 5UPWrt 51udents lo enter loi the awards. Page 4
THE BRMSH ENDODONMC SOCIETY IA company limil8d by guarantee) Flnancial review . Golng concem After rnakiry appropna¢e enquirw, Ihe Trustees haye a rea5rKoNe expeCtstiC tst the Company has adequate resources io conlinue in ¢wgr31iDnal gxist8ncs f(x IhB fcJr&sb1S fulurg For this reason Ihgy continue to 3dDpl th& gcmng concgffl basis in prgp3ring thé financial statements. Further details regarding Ihe adoplion of the 90iro Conc basis c2n found in Ihe aceountsng pcliC9. b. Re$etve$ poli 11 Is the policy of the Soaety to hdd entyJgh reserves to keep going for a peri(l of at least mnths followng a SpanifnI drtsp in income. Six nth$ expenses equate ro roughly £210.950 a1 free reserves equated lo £689.589. of whid) £473.024 was cash at bank. This polio has therefore been met Structure. yovemanee and managenbent . Election of Olficers President William McLean Psident Eleci Phil T¢)mson Vice President Elect Philip Mitth Hon. Treasurer Dan1 Vaz de Souza Hon.Secretary th.pti Mehta Hon. Asst Secretary Salnam Siroh Virdee Hon. Communications Officer Fl'sha Patd ESE Representative Giusepp8 Di Filipw) b. Govomlng do¢umg Th& Bntish Endodont is a rxJmpany limited by guarantee and a registered charity govemèd by its Memorandum and Articles of AssocOn. c. Organisational structure The charity is organised a5 a sety for the prornobon of postgraduate education by way cl rneets'ThJs, literature and 8dwce for rnembers. the dental Frof8&won and th8 g8ll8ral pull. d. Polldes adoptsd forlhe Indu¢tlon and tralnln9 oITru$lees New trustees 2re aprx)inled by eSing trustees rf they are seen as helrj to thffil ary shortfall in the S11 sel of the board. The charity holds a general meetsng each year_ Exisiing-.ruees Wp vlth Ihe IndtiOn and tralnlng new trusiees. New trusiees a enraged lo re8d the guil8n trusiees, re$rA)nsi"Ilkn@$ issued by the Chwity CoTrImion. e. Publlc benefft The (wstees have given due con$allOn to the Charrty Commissic¥) guidan Ihe &liv$ on the Operat of the Public Benefit quiremenl and Klenbfy that benefil in the 2clvth.es carrie¢ the wrpose of womc4ing the objects of the Charity and Charitable activities as detailed in this retKJrt &*tsfy thts requ1mnI. f. Rlsk management
The iruses have a duty to identrfy and remew rsks to whh tl dwrity is expse and to erture akproalt controls are Sn pla to provide re8sonable 8ssurance ag8inst frau(J an(J error. Page 5
THE BRMSH ENDODONMC SOCIETY IA company limil8d by guarantee) Plans for luture perlods The sctiety continues cotnmtted to ts gOV•ng trw)tto "prDtnLMe. JUCate and ajvance.. It LThtinues to acbvdy support educational and endodontic rese¥ch actwty. has revamped 1he stnthre of its prizes, contirrtjes to support the endodontic T8ach8rs Gr(xJp and and the vibrant Early Carers Group. Approved by orfjer of the members olthe board of Truees and the¥ bll by.. Dr Daniel Vaz De 5¢yJza Trustee Dale." 30 September 2024 Page 6
THE BRMSH ENDODONMC SOCIETY IA company limil8d by guarantee) STATEMENT OF TRU5TEES' RESPONSIBILrriES FOR THE YEAR ENDED 31 DECEMBER 2023 The Trustees (who are also the directo of the Con-pany frr the PLrpose5 01 company lawl are re¥KJnsible for preparing the Truste8S' r8POrt and the fin8nciqI Statements n acc<xdance thith 3p?liG4ble L4w arKI UnileJl KInoM Accounting Standards Iunited ngdoM Gen8rally Accepled Accounting Practice). Comp8ny law quireS th8 Trust88S tD prepar8 finarKial statements frjr 8ath financial y8ar. Und8r company law. Ih8 Trustees rnust not approve the financial slaternents unless they are sa'.isfied that Ihey give a true and fair view of th2 state Df affairs of the Company and of 115 iiicoinins re59wses and fjppliralion of iesourGe5, induding its inrntnE ond expEndiluie, for ihat period. In prepari1i9 Ihe5e financial statements. the Tntsl8es are requir8d to". selecl suitable ac£ountsng rolcies and then aprty tM o)n%slenYy', ob5eNe the rTEthS and prinoples ol the Gharits5 SORP IFRS 1021.. make judgments and a¢cwnts"ng estimates Ihat are wsonable and prudent.. state whether applicable UK Accounting StsThJatds IFRS 1021 have been fdlowed. subj.ed to any material departures isck)sed and explainerl In the finan¢k21 slatHnents', prepare the financial statements on the goin9 CA)ncem basis unless il inappropriate to presume that Ihe Company will continue in business. The TSt&S are res[x)nsib lor epIng adequate accA)Unng records thai a sufflclent to show and explaln the Compgny's transactions and disclDse with ressable accuracy at any tme the finanoal pDsth"on of the Crryany and en8trJe them to ensure that the financial st8ternenls comply 1th the Companies A(X 2[. They are akn r8SW)nsib for safegu8rding the a58ets cl the Company and hence lor taking rea50na)le step5 f(x PVent atwj detection ol fraud arvj 0lherirreguL4nt9. Approved by order of the mernb8rs of the trx)ard of Trustees and stywed (x) its behallby". Dr Danlel Vai De Souza Trustee Date.. 30 September 2024 Page 7
THE BRMSH ENDODONMC SOCIETY IA company limil8d by guarantee) INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 DECEM8ER 2023 Indwnd•nt oxamlnofs report lo th• Trust$ ofTh• Brftlsh ErKlodontl¢ SOCW fthe Ci)mpany'l I r8port to the charity Trusteès on my 8xamirwtion Of actswnts Company for the year wded 31 Dmber 2023. ResponsibilltlE5 and basls of report As th8 Trustees of the Company land its directors for the puryjses of cnpanY lawl yixj are responsib for Ihe preparatK)n of the accounts in acwrdance with Ihe reqre[rts olthe CoMnIeS Act 2006 Ilhe 2006 ACVI. Having sa11sfi mysdf thal the accounts of the Company we nol requwed to be audit under Part 16 of the 2006 Act and a eligitle for independent 8xaminatK)n. I r8port in respect ol rny exanina1 of the CoMpanS ac£ounts G9rri8d out unler section 145 of the Charilies Act 2011 Ilhe 2011 Acl'l. In carrying (yjt my examina11L I have f10d Ihe Directions given by the Charity Commission under section 14515llbl of the 2011 Act. Indwdènt OX2minÈrfs staèrnent Since the Company's g105s income exceeded £250.( yIr examiner tnust a rnembeT of a tKKly li51ed in section 145 of ttr 2011 Act. l ¢onfirm that l am qualrfid to ujrtake the exami11(} because l am a member ol The Asswaln of Charte Ceriified Ac¢ouniants, vihich is one of the listed b(x1$. I have completed my examination. I conffimi that no mallws have come to my atten1 in cthnection the examlnaiion glving me cause to believe". accounting records were not kept in [esFrt ofthe Companyas wuired by secti(xh 386 ofthe 2006 Act., or the accounts do not accord with thos8 rec(xds: or the accounts do not comply with the accounlro requiremerts of sec11 396 of the Act Olher than any requirement that the acGounts gwe a'true and fairf vieY4 whith E nol a mafler WnSHJeied 35 partof an independenl exa[ninatn". or the a¢o)unts have not been prepar in dan th meth¢>Js ar prin-ips ol the Statement of Recommended Practice for aciwnting and rÈpth'ng by tharities lapplicab to tharities preparing their accounts in accordance with the Financial Rerx)rbng Slandard ar¥)lICab in Ihe UK Rewblic ol Irdand IFRS 10211. I have no co[e5 and have come across no olfver matter5 in Con[1 wth the exaMatIOn to which attention Shj be drawn in this report in order tts enable a pr¢Jper uThJerstsnditvJ ol the accoJnts to L weached. Th report is made solely to the Crthpanls Trustees. as a b(x. in aCClIanCe Part 4 of the Charities (Accounts arKI Reports) Regulations 2008. My work has been undertsken so that I migm stale lo 1he Companls Trustee5 those matters l am required to stale to thern in an Indep8nd8nt 8xamin5 rep1 and for other purp058. To h8 fulbest 8¥tenl permilt8d by law. I do not accepl (x assUtn8 reSponbilitY lo anyone other than the CompKany and Companls Truslees as a body for my work or for this report. Signed.. Dat8d.. 30 S8Pt8rnber 2024 Karen Ra& FCCA AmistroThJ Walson LLP. 51 Rae Stree( Dunrfries. DG1 1JD Page 8
THE BRMSH ENDODONMC SOCIETY IA company limil8d by guarantee) STATEMENT OF FINANCIAL ACTMTIES IINCORPORAMNG INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEM8ER 2023 UnreSt¢t# fvnds 2023 Totsl fund5 2023 Total lunds 2022 Income from= Charitable actIltieS 466.159 46Q159 381,975 Inv8Stments 7,782 7.78Z 1, 761 Total Incom Expenditure on.. Charit8Ne i¥iDes 473.941 473.941 383, 736 421.899 421,899 452,364 Totsl expenditure 421.899 421.899 4S2,364 Net Incomellexpendlturel before net gains on Investments 52,042 51042 168,628) Net gains on inv8Sttn8nts 4,733 4733 N•t movomont in funds 56,775 56,775 168.628) Reconclllatlon of furbJs= Ttst81 lunds broughl forwa Net movement in funds 631814 632,814 701.442 56,775 56,TT5 (68.6281 Totsl funds ¢arried forward 689,S89 689.$89 632,874 The Statemenl of finanoal ViDe$ Indudes all gains and losses rWJnI in the year. The notes on pages 11 to 21 fomi part of Ihese financial slalements. Page 9
THE BRMSH ENDODONMC SOCIETY IA company limited by guarantsel REGISTEREO NUMBER= 08183fj01 BALANCE SHE AS AT 31 DECEMBER 2023 2023 22 Curr•nt ass•ts Debtors 130.722 127.653 Investments 10 123,073 471024 3CI.CQO 530. 135 Cash at bank and in hand 72Q819 681,788 Crediters. amounls falling due within year 137.23111 148.974) Net current assets 689,589 632,874 Total net assets 689.589 632,814 Charity funds Unrestrieled funds 12 689.589 632,874 Total funds 689.589 632,814 The Company was entitkd to exem0.on from art und¥ secliw 4T7 ofthe Comrones 2006. The members have not required company Lo oblain an audit for the year in qstiC in accordance with seclion 476 of Companies Act 2006. Th8 Trus188s acknowl8dge their r85Fon5ibiliu8s f¢x complwng wilh th8 r8quir8rnents of Ih& Act r8SP8Ct to a(xountiw r8cord5 and preparation of financial stalements. The fi181 st8t8m8nts have b8en prepar in a(xord8nce wih lh8 WOV1&(5 to entit5 subj8ct to th8 srnall cornpani8S regime. The financial 51atemeDts were approved arKI aLrtISed tr sue by Ihe Trustse5 and 5HJtEd on iheiT behalf by". Dr Danièl Va2 Do Souza Trustee Dale." 30 September 2024 The notes on pa9es 11 to 21 fomi part of Ihese finarrAal slalements_ Page 10
THE BRMSH ENDODONMC SOCIETY IA company limil8d by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEM8ER 2023 General information The company Is a company limti by guarantee and reg¢skred in England and Wales with Companies Fbuse and is lStered as a Charity with the Charty Commi8Sth. Accountlng wllcies 2.1 Basls ol preparatlon of financial statemonts The financial 5tatewnents have been prepa1 in aLr0[dan with Ihe Charit5 SORP IFRS 1021- Accounting and Repotbn3 by Ch?ritle5." Statetnent d Rec(Thmendpd PtiCe aJp11cab tD charities prep8ring their account5 in accordance with the Finanaal Rep(hn9 Standard apats1e in UK and Republic of Iland IFRS 1021 (effectivè 1 January 201gi, the Financial Reporting Standard appliG9b In the UK aThd RepU1C of Ireland IFRS 1021 and the Companies Act 2006. The Brsh EtK1(xlI Society. [rtS the (kfinitI of a publ brrt entity under FRS 102. Assets and liabilit8 are inthally rniSed al histoaL $t or Iransaciw valve unless otherwise stsled in Ihe relan1 accounting policy. 2.2 Going COrM The Trustees have assessed whether Ihe use of the wn9 concem basis is appr¢Jpriate and have considered p)sble events or con4Jitions that tnigm (35t gnIfit doubl on Ihe abil of the tharitae coThpany to continue as a going EDncern. The Trustees have tnède Ihi5 as5e55ment ky a PVK¥J of at least 12 tnonths fr(xn the cate of the approval of these financial slatemÈnts. In parlitular. IhÈ TrusiÈes have C(sIdered Ihe charilatAe company's forecasts and proieclions and have eTh account of the pressures on incorne and the of the cost ol living crisis. After making enouiries, the Twstees have concluded Ihal there is a reasoratAe expectslw thal the charitaNe Company has a¢equate resourc8S to eonlinuÈ in aperabonal existence for Ihe feSeeab? ftdur8. Th& tharitatAe company ther81or8 conlinue8 to opt the going C(mern baS in preng its finanoa staterrents. 2.3 In¢ome All income 15 recogni5ed ce Ihe C<ynpany has entitstnent k) the incorng. it 15 FYo4)ab18 Ikot the inwrne will b8 rec8iv8d the amount ol InC0e reIaLle can be [raSure reliabty. Income tsx recoverable in relatwjn to inve5tsTEnt inc(The is rewgnised ai the ts.rlle tIE Inve51ment irKome is receivable. 2.4 Expend•tur8 Expenditure is recognised ¢É Ihere is a Wl COrtstrSive rtAatiOn lo IranSferec0rnlc benefrt to 8 third party, it is prob8ble that a tr8nsfer Df economic benefts wll be required in settent and the amount of the oNigation can be measur&1 reliably. Expenditure is dasSIf by activity. The o)sts of each acbvity are made up of Ihe total of dirgcl costs and shared costs. including sup costs invoved in undertaking exh actiwly. Direct cosls attribU1ate to a single activily are allocated directly to thal activty. Shared costs contribute to TTM)re than i)ne activity a1 support costs which are rK)t artributatAe lo a single aclivty a-e apportioned between ihose 3ctivthe5 on a ba5V6 con5tet wilh the use of re%)urce5. Central staff costs e alkmxted on the ba8 of IJ"rr spent. a1 depreciAt charges allocaied on the porbon of the a5set'5 use. Expenditure on Ehartsble adivities 6 incutred on diretlty utKlertaking the actIlIeS which further the Company's obiectivtss. as well as any associated suppM costs. Page11
THE BRMSH ENDODONMC SOCIETY IA company limil8d by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEM8ER 2023 A¢¢ountlng wll¢s Iconllnu•d 2.4 Expend•ture Icontinuedl Grants payatrAÈ are charged in the year wn the off i8 made excÈpt in those casès Iho offèr is conditional. such grants bel[ recognised as expeThYiture wher the c07drfnS aitathiig are fulfilled. Grants offered subject to conditions which have nol been met at the year end a rthed asa (tsnmitmenl but accrued as expenditu. l expenditure is inclusbve of 1rrec0verae VAT_ 2.5 Int•re$t r•¢elvobl Interest on fund5 hdd on depoyt is I[ue then receivawe antj Ihe arTnt can be rTW5uie£l reli?14y bythe Cotnpany," this is numally nott#0n of the interest paid payable by the insbruti)n wilh whom the funth ats dgposted. 2.6 Debtors Tradp. and other de.btors are rewnwl at the settlment amount after 8ny trade discount offewj. Prepayments are valued al the amount prepaNJ rt of any tsade d1$w$ due_ 2.7 Cash at bank in hand Cash al bank and in hand incleS and short-temi hhty liquid investments wth a short matLrity of three months or less frorr the dat8 of acquisthon or opening of th8 depoyt or ymiL8r arcount. 2.8 Liabilities and provisitsh Liabilities are recognIs Wh Ihere is an obwion at the Bala sheet éate as a sU11 of a past eveni. it is probable thal a transfer of ewnomic benefit will be i) set11ent. the anM)uni of the selyemenl can be estimated f81iabty- Liabilities are recognised a¢ the amount thal Ihe Company aniM>pales it wil pay to setue the debt or the amount it has received as adVan[d p8yrnents for the gcmxts or servw it must provide. ProVisnS are measured at the best esbrnate of Ihe aTrKJunts required Lo setlle the r)loation. Where the effect of the time value of money is material. Ih? provision is based on the present value of those arrKJunls, discounied 8t Ihe pre-tax di5coufbt rat8 that r8fl8cts th8 risk5 speific to ihe Itty. Th8 unwi1[ of the di5counl is r8cognis8d in the Stat8ffl8nt of financial tiVitieS as a finan cosL 2.9 Flnanclal Instruments The Company only has fjranoal assets and finanoal liabilit of a fv.nd Ih31 qualify as basic ffin3[Kl in5truTnents. Basic rinan¢ial Instruments a initu?Ily recognised at transacti(¥) walue and subsequently rneasud at their settlement value wilh the excepb.on of bank knans which a subsequertty measured a¥ amortised cost USIWJ the effective interest method. 2.10 Pen5iOnS Th8 Company i¥)8rates a d8fin8d contribution p80 schem8 and the p8r* tharg8 r8pr8sents th8 arnounts paya8 by the Company to the lund in respect Df the yeai. Page 12
THE BRMSH ENDODONMC SOCIETY IA company limil8d by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEM8ER 2023 A¢¢ountlng wll¢s Iconllnu•d 2.11 Fund accounting General ndS gre UnresIred funds which e avaiLqble lor USÈ at thè dIretiOn ol th& Trusteès in futharance ol the neral objectives of the Company whith have not been degnd for olher wrposes. Investment income, gains and k)sses ¥e allorAted to the apwpriatelund. Income from charltable acUVltS Unrèstrict8d funds 2023 Total funds 2023 Delegate fees Other rnewnb8rship INMe Trade stands 108.131 108,131 113. 113,588 33,C25 33,925 Royal'éS Study day AdvertisiTrJ 198.107 198,107 11.808 11,808 600 466,159 486,1S9 Unre$ltted fvncls Tolal funrls 22 Delegate fees Other membership income Trade sland5 113,615 113,675 T5. 181 25.825 167.?54 75, 181 25,825 167.354 Royalbes 387.975 381.975 Page 13
THE BRMSH ENDODONMC SOCIETY IA company limil8d by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEM8ER 2023 Investment income Unrestr5cted funds 2023 Total funds 2023 Sank interest r1Ved 7.782 7,782 Unr8Strict6d (Is 2022 Total luno15 202 8ank intere* received 1.761 1,781 Analysls of grants Research giants Totsl funds 2023 2023 Grants paKI 15,282 15,282 Resah grants 2022 Tol&l funds Granis paKI 59,264 59,264 Anatysls of expendhure by actleS Activities undertaken Grant funding dire¢dy of a¢tlvltle$ Support costs 2023 2023 2023 Total funds 2023 AIXivilw35 269.587 15.282 137.C30 421,899 Page 14
THE BRMSH ENDODONMC SOCIETY IA company limil8d by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEM8ER 2023 Analy515 of expendIre by activities Icontinuedl Adivihes undertaken Grant fijnding of threcty ac1iwlS 2022 2C122 Totsl runLIs Supwrl casts 2922 Adivit 21a6T8 59.264 174,422 452,364 Analysis of dlrect costs Total funds 2023 21J23 Journal subscri)lion costs 31.094 31,094 Swing SCntIfiC Me81ing Cost Dentistry Show costs &8.950 68,950 9,5 9,965 F li Teacher5 rneeling G05ts Regional tnepling costs European Sooety tsf En(k)ntdogy IESEI Earfy Career Group Other leeti fX)Sts 5.835 5,835 110.682 110,682 10,746 10,746 10.741 10.741 13.945 13,945 131 rravd costs 131 Admin support 7,498 7.498 269,587 269.587 Page 15
THE BRMSH ENDODONMC SOCIETY IA company limil8d by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEM8ER 2023 Analy515 of expendIre by activities Icontinuedl Analysis of direct Costs Icontinuod) Total ActM[s 20?? 3022 Journ815ubscriDtion (xsts 35,990 37.592 35,990 37.592 sing sEnriC Meeling Cost Dentisty Show costs Teachers meeting Costs Regional meeting Costs European Soci8ty ¢>f EndontdDJy IESEI Earfy CarÈÈr Group Other Meeling costs rr8vd cost5 2.866 2,866 8,088 95,894 6, 716 18.553 12,958 21 8.088 95.894 6.776 18.553 12,958 21 218.678 278,678 Analysis of support costs Total funds 2023 Activ105 2023 Staff cost5 s5.($ 55,065 Prizes 7.085 7,085 11.820 Postage and stalior Adverhyng Bad Debt 11,820 21.303 21.303 750 750 k li 8ank Charyes Credi( Card Charges 1,380 1.380 3.199 3,199 Teleph(The Compuler atKI intem8t Subscrlpiions 255 255 8.410 8,410 939 939 Sundry expenses Insuran 767 767 321 321 Accountancy fees Legal and cOnltancY lees InveStrnt rnanagernt f8e5 11,822 11.822 12,758 12.758 1,156 1,156 137.030 137,030 Page 16
THE BRMSH ENDODONMC SOCIETY IA company limil8d by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEM8ER 2023 Analy515 of expendIre by activities Icontinuedl Analysis of support COSts (Contin Total ActM[s 20?? 3022 staff (x)sts 50,671 2.512 50,671 2.512 Admin 8UPPOrt Prizes 8.364 8,364 2,244 14, T40 750 Postage and slatiorery Adverkn%ng Bad Debt 2.244 14,740 Bank Charges cdi[ Card Charges relephme Compuler and intemet Honoraiia 2.268 2,501 405 2.268 2,501 405 30.063 14.358 30,063 14.358 Sub5criplions SFK)nsorship Sundry expenses Insuran 7,331 1,331 500 3.591 3,591 344 344 ACtnIancY fees Legal and ConllanCY lees 17,538 26,242 11.538 28,242 174.422 IT4.422 Ind&pendont examln4fs remunefayon 2Q23 22 Fees paysblè to the Company's indeFwMfjent oxaminèr for thè irKlependent examinat ol the Cornpany'sannual accLNJrts 11,100 Page 17
THE BRMSH ENDODONMC SOCIETY IA company limil8d by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEM8ER 2023 Stsff costs 2023 3022 Wages and salar$ social security x)sts Contribution to defined COntribLrt schemes 53,126 639 48.266 1, 168 1,300 1,237 55.065 50.671 The avera number of rsOn8 employed by the C(xnpany duriwbg Ihe year was a5 fdl 2023 No. 22 Adrninistrator No empk)yee rec*ved remunerttion aftjntin9 to nh)re than £60.(¥X) in •ther year. During the year, no Trustees received any remuneratKM or (ther benefits12022- £nill. Ouring the year ended 31 December 2023. no Trustee expenses have Iken incurr&J12022- £nill. Dèbtors 2023 22 Due wlthln ono year Trad8 d8btcws 12.290 Other detitors 415 Prepayrnents and accrue£l inc(Kne 121,822 108,948 130.722 121.653 10. Cumni a$$•t Inv•mènts 2Q23 22 Unlisted investTn8nt5 123,073 30,000 Page 18
THE BRMSH ENDODONMC SOCIETY IA company limil8d by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEM8ER 2023 Credltus: Amounts falllng Vlrythln on8y8ar 21J23 2022 Tradè lIorS 16.4B2 20.764 Other taxatiC and soaal seoJrty Pension fund knan payable Aru815 and deferred inrKffie 3.333 3,002 17,122 25,208 37.230 48.974 21123 2022 Def8rr•d Incomg Defetr&J income at 1 January 2023 Rp50uice5 defeired ¢jng the year Atnounts re18ased from preMou5 9,530 5,615 19,5301 1, 700 9,530 (1,100) 5.fj15 9.530 Deferrgj incoTr* at the year end rdates to nienitersliip rectived fu the finai)cial yeai. Page 19
THE BRMSH ENDODONMC SOCIETY IA company limil8d by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEM8ER 2023 12. Statement of funds statement of funds. current year Balance at 1 January 2023 Gainsl Balance at 31 ILoss¢sl De¢embei 2023 Income Expendlture Unre$tricted funds GenerJ Funds 632,814 471941 1421,8991 4,733 689,589 Statement of lund$- prlor year B8lanc8 8t 1 January 2022 31 D8cÉTrmber Experiditu 2022 Unrestrf¢ted funds GenerJ Funds 707.442 383.136 {452.?64) 632,874 13. Summary of lund$ Summary offund$- ¢urrent year Balance at 1 January 2023 Gainsl Balance at 31 ILo55esl December 2023 Income Expendrlure General funds 632.814 473.941 1421.8991 4,733 689.589 Summary of funds- prioryear Balance af 31 D6Mber 3022 Balance at l January 2022 Inwne Expendrtu Genefal funds 71Jl,442 383,736 (452,564) 632,814 Page 20
THE BRMSH ENDODONMC SOCIETY IA company limil8d by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEM8ER 2023 14. Analysis of assets between f$ Analysis ol net 455ets bthn ld5- currerrt year Unrestricted lunds 2023 Total nd$ 2023 Current asset5 726,819 137.£301 726.819 137,2301 Creditors due within year Tolal 689,S89 689.589 Analy$i$ of ret a$$ets belw¢en fvnds- wloryÈ4r un$[ricted funds Z022 Total funds 202 Current assets 681,788 148.974) 681, 788 (48,974) Creditors due wthin year Totsl 632,814 632,874 15. Pèn$io•) ¢¢)mmitm•nts The Charity operates a deffined contritxjtion pension scherne. The assets of the stheme are hekl sep8rately from those of the group in an independently adminislered fund. The pens ¢osI ¢harge represents Contributions payable by the Charity lo the fund. Tn8re was £29312022 - £nill payab lo the lund al the balance sh88-. date %¥hich 15 incJud8d in cr8ditors. 16. Members, 118bllSty E4ch ThernbBr of the chatitable cotnpany undertakes lo contr1tle to 35set5 of cofflpany In the event Df it being wound up while hel8he is a member. or within one year after helshe ce8ses lo be a member. suth athin1 as may be required. nol exceeding £1 lor ihe debts aThJ liabiloies contracted refo trases b) be a member. 17. Relateil party transact6ons The Company has fK)18nt8red inio any Idatl party trawwdion thjring the year. nor are there any OLrtStaTwji balances owing between related parbes the Company at 31 Der*rnber J23. Page 21
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