Chafity roglstration nufflbor 1160304 (England arld Wal951 INTERNATIONAL COMMISSION ON RADIOLOGICAL PROTECTION ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 ) xeinadin INTERNATIONAL COMMISSION ON RADIOLOGICAL PROTECTION LEGAL AND ADMINISTRATIVE INFORMATION Trustees A Wojcik Mr F Bochud G Hltih Dr S Romanov T Schneider DrWRUhm SLIU S Bouffler Kwcho MKaj D Laurier K Awtegate ¢harlty number IEngland and Wale51 1166304 Audltor XeinadinAudit Limited 4&48 Easi streai Epsom Surrey Uniled Kingdam KTfj7 1HQ INTERNATIONAL COMMISSION ON RADIOLOGICAL PROTECTION CONTENTS Page Truslee5' ￿￿￿1 Stalement of trustees, ￿spor}s6bsII1IeS Independent auditorfs report st8lemenl of finanL¥al activities Balance sheèt Siatement ol cash flows 12 Not8s lo Ihe finanu81 stslèmènls 13-23 INTERNATIONAL COMMISSION ON RADIOLOGICAL PROTECTION TRUSTEES, REPORT FOR THE YEAR ENDED 31 DECEMBER 2(J24 The Irustees present thei¥ 81111U81 Teptsrt and fi￿4￿￿al statements forlhe year ended 31 December 2024. The financial staternents have been preparBtS in aG¢ordsnGe with the 3ccout>ling p￿TC18$ 8Bt out in T￿le I to the fiiian¢121 slalemenls and ¢omply wilh the Charil¢s governing document, Ihe ChaiiliÈs Act 2011, FRS 102 Yhe Financlal Repotbng Slan($8rd applicablg in the UK and Republic of Ir&la[￿, and the Charillgs SORP 'Ac¢ounling and R8POrting by Charilies. Sl818ment ol Recommended Pracliee ap￿￿ble to ¢harilies pieparino Iheii a￿0VOl$ in rdallce wlh the Financial Reporting Standsrd applicable in the UK attd Republic of Ireland IFRS 102}" Oblecttves and actlvltles The obj8cis of Registered Charity No. 1166304 ar8 to advanc8 for Ihe publi¢ benefit lh8 sci8nce of r8diologicAI pro18Ction, by promding r8comrnendaiions and guidartce on all aspects of proioclion against ionislng iadiatlon. Ihout unduly limlllno benefi(#al pra¢ti¢es Ihal give rise to exposuie to radi81ion'. The Trusteès ¢onfimi Ihal Ihey have compli8d wlh Ih8ir duly in s8clion 4 of lh8 Charilies Act 2006 to hav8 du8 regard lo the public benefrt guidance published by Ihe Charily Con)mlsslon In detemiinlng the aolivilies undertaken by Ihe charity. In prepatin9 its iecommendalions. thè Gommlsslon ty)nslders the fundamental prindples and quanlilaltwe bases upon whlch approprfate radlologlcal proleclion me28ures can b8 establishèd, while lea￿ing to lh2 valious nalional protectien bodies the iesponsibilily of fofmulaling Ih@ SP8(ific advice, codes of prac(ice, 01 18gulatioiis thal 818 b8St suited to th6 needs of thelr Indiwdual wunlries. Publlc beng)Ft The ttU51ees have paid due regard lo guirlallce issued by the Charity Cornmis5ion in deciding what acliwlie5 the Charity should undertake. Actiwties Maln 8¢tivities undertaken In rèlallt)n to these oble¢tlve$ The product of ICRP adlwiies is Its Publications whld) ¢onlaln the ￿¢0mMendationS and ouldance thèt ICRP Issues. Several acliwlies ar8 required to produce ICRP Publications including meelings where work in progress Is r8PQrted. drafts are discv$$ed. and final dr8fts are revi8W8d 3Dd approved for pyblicalion. Thus, th8 main ad1vil￿5 in itsrms of èxperldilure are our mèetings and Ihe costs of the StrAenlifK Secrètariat. A¢hi8V8ments and perfomiartco SignifJc8nl 8clivili&s 8nd &chi8ven78nts 8981nst obj8cIiv8S INTERNATIONAL COMMISSION ON RADIOLOGICAL PROTECTION TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Flnancial r•vlew Nel movemeni In 2024 was CAD -0.05M (CAD -0.03M in 20231. rp5uhing In lotal fun(Js carrted forward of CAD 0.85M. Total incoming resources In 2024 were CAD 1.24M (CAD 1.31M in 20231. This apparent decrease was due in part to illnaled incatne figures In 2023 resulling from offs8lliAg costs and p8ymen15 of appioximately CAD O.13M r8lat8d lo the UAE Radiologlcal Prote¢lion W88k 2023 8s ouuined in the previous annual reporf and financial Slalements. wrth this laken Into account. Income In 2024 us not slgnificanlly th8nged Irom 2023. The incoming wesources oullook is n8utral lo ¥K>leniially poslllve. Tolal oulgotng TeSoUr￿$ Sn 2024 were r¢latlV8ly steady 8t CAD 1.32M {CAD 1.38M in 20231. The outgoing resour￿$ oulook is cautious. Allhough online rneeiings afe used much rnore freqUen￿Y than *>efore, In-person meetings continue lo be irnportanl, the Irequgncy of meetings will remain hlah in thg coming y8ars due 10 the ongoing review re￿$lOn af th8 Systein of Radiological Protection, and If8vel costs are not expected lo decrease. Online m8elings ar8 genetally fèvoured lor pia¢li¢81 and finan￿al reasons, bul ifvperson meetings W￿11 conlinue when warranted. The over811 financial outlook is caullous. Revenues 8r6 expected lo remain neutral or possibly incre8SÉ, as are in- kind conlribulions to offset some travel costs, but pressure remalns to ensure that thls incrèasè keeps pace wilh Increasing cost5. Caulidn is warranted. Although long-term zero net movemonl is oxpecled for charille5 which musl spend theii resources on achieving thelr objecls. ICRP n8ed5 lo continua lo sijpport ils core objects whilg Increasing ils financial resetva lo ensure the suslainability ol gchiewng these object5 In the long term. R8seNespolicy' It is th& poliey of the Charity that reserves should be mattttained al a level corresponding to about 1.5 years ol totsl Funnlng costs (Cu￿entlY CAD 2MI. The Trustees consider U)al rgserves al this18vel will ensur8 that, In the event ol a sSgnificanl drop in funding, they wll bo able lo continue the Charilvs current acti￿711e5 while conslncerning Ihe payfftenl ol trade Creditors is lo follovi th8 CBI'S Prompl Payers Code Icoples a￿ available from the C81." Centre Polni, 103 14ew Oxford Street, London WCIA IDUI. Th8 COtnpanVs cu￿nI pollcy rA)nceifiing the payment of trade crediloi$ 1$ lo.. sellle the terms of payment wilh suppliers when agr68ing Ihe terms of 88eh trsnsa¢l¥Jn,' ensure thal suppllers $re aware of the temis of payment by In¢lu$ion of the relev8nl terrTts In ¢onl¢a¢ts', and pay in accord8rKe wilh the wmpany8 conlractusl and othorleo91 obliualions. Trade creditors of th8 cornpsny al the yearend were equbv&lent lo XX 4JaVs purGha$es, based on Ihe avemge dally amounl Invoiced by suppllers durlng th8 y88r. Induc[￿1? and lrnlnlngof Imslges I Ifuslee caftdid21es are familiar with ICRP and ils a¢lwilies, Most ha￿ing pa¥lirApated in ICRP as Task Group OT Commlllee Inembers before they ere eladed 8s M8in Commissltsn Irpmbers and Ihus oblain lluslee statu$. All trustees ars prO￿ded information when elecle(l and at Ihe bÈginning of each tarm, induding malerfal produced by the Charity Commission su¢h as'Th& essenlial twslea-. what you n88d to know, what you need to do ICC31'. In addition. a cuslomlsed training ¢ourse Itlled 'Truslee EssenllaTs" has been eslabli3hed, uslng IraSnlng materials from th¢ National Counul lor Vo1unlary Orgartisations INCVOI and the Charity Commlsslon. supplemenled by infomTralion how these ielate speixficxlly lo being a Injstee of the Intemalional Comtrtission OTr Radic)loui¢al Proteclion. For those that wlsh further training in specific areas, all ¢ovr86s in the NCVO Study 7one have been made avallabte lo the Iruslees. INTERNATIONAL COMMISSION ON RADIOLOGICAL PROTECTION TRUSTEES, REPORT ICONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 R8l&lion5hip with vAdOrA￿lW0 IGRP routinely inlerarls wilh a wide variely of governnient81 and noii-govÉmmenl81 org8nisalions with inleresl in radiologital protp.r.lirJn. In 2n12, a npv/ 8themp for loimal 1p.lallons ivas established. and ICRP novi mainiains fotfflal relallons wilh a growliig iiuniber of organi£alons, Inrjudlnu the folkA¥illg-. CoDferertcè of Radialon Loiilfol Program Direclor5 IL'RLPDI r.Ipr.Iric. Pc>we.i RP8fr8rc￿ In%lilute IEPRII EiJrope81)ALARA Nelwofk IEANI EiJropeaTr Alliance foi M8dic31 Radi(Illun PrDIvLliuii Resuar61i IELIRAMEOI EuroppaiiAs8ocialioN of N8lional Melrolo9y1¢151ilutgs IEURAMFr) Europeai?Asso¢ialion of Nude?r Medi¢ine IEANMI EiiropÈan CoNmis%ion11.Cl Europcan F¢d&r2llon of OrganTsallons for Medical PhyslGS IEFOMPI Europ&an Nudttdi Iiiblall¢ilio115 S4f&ly Sldiidards Iiiiliat*ve IENISS) Europoan Plalfofni on Ilrep3rednÈss for Nuclear and Radiological Eiiiergency Response and Recovery INF.Rlol - Europ?an Radiation no%iinftlry tsmiip If.URADn Eiiropean RadioecologyAlliaiie6 IALLIANCEI Europèan Souety of Radiology IESRI Eiirop8ari Tralriiitry ¥iid EducalioTI 151 Radi3lDn Proteclion Foundation IEUTERPI Heads of the European Radiological Praleclion Gompèt*nl Authorilies11 IP.RCAI IberrsAiiiè.riraii Fr)nim of RadiolrJgicÈl 2nd Nudeai Regulètory Organl84llons {FORO) IEC Eleclrfcal Equlpm6nt In Medical Praclice IIECtrc.62} IEC Nudear lfistwmenlalion (lEC￿C4s) lii¢JuslriAII Gltsb21 Uiiton's Intert*81ional Neiwotk IINWUNI InfortTialion System on Ocxupalional Exposiire IISOF.) In18rnalionalAlomltr En8ioy Ageiir.y IIAEA} Internollonal CoMml$$lon on Radialion Unils and Measuiemenls IICRUI liit¥rfi(Iliondl CtsiiiiTll&81011 on Non.lonising Radiation Prote¢tion IICNIRPI InteinalionalAgen¢y for Research on Lancer IIARCI Internaliongl L&bour Organlsalion IILOI Inlernalional Org#n5281ion lor Modi¢al Physirts IIOMPI Internalion81 Radi31ion Prol8Ction A5SCGtalioii IIRPAI Int6inalioiial Society ol RadloqTapliers & Radioloylcal Tedinologists OSRRT) Intarnalional Society of Radiology IISR} fvlullidisaplinary European Loyi Dose Inlllallve lalELODII Nallonal Coundl on RJdiallon Piole¢lion and Measiiremenls INCRP OECD Nud02r &n8igy All￿17￿? INEAI Soci21 ScieRces and Humanilies in loni5ing R8diali¢n Research ISHARE} United 14alions Saenlifi¢ Commillpe on Iliè Ilfp.t.Is nfAlomic Tradi8tion IUNSCEARI - World Heahh Organlsallon etho) - World NudearAssociation (VQNAI Tho Iiuslees, reportlV88 8pproved by the Board of T¥uslèèS. Drw R(Ihm Trtisfee INTERNATIONAL coffflMISSION ON RADIOLOGICAL PROTECTION STATEMENT OF TRUSTEES, RESPONSIBILITIES FOR THE YEAR ENDED 31 DECEMBER 2024 The Iiuslees afe responsible for preparing the Trustees, Report th8 finanual slalemenls in accoidance iyilh pplScablo law alld Unlled King(lom A¢¢ounling Slandards IUnit8d Klngdom Generally A¢r£pled Ar￿u￿ting Pracli¢èl. The law appli¢8ble to charitles In England 8nd Wales requires Ihe Imslees to prepar8 financial slalements for each f*n8Trcial year which give a Itue fair view of tre Stale of affairs of the Charity and of the In¢Dmlny resources and applScalion of resources of the Charity fr)r Ihalyear. In pieparing these fittanual Stslemenls, the Iruslee8 aTe requirad to.. selecl suilable accounting policio8 8Trd Ihen apply them ￿nsIStenI1y', obs8Tve the methods 8Trd print.iplps in the Charities SORP., make judgemen15 and eslimales Ih21 are reasoiiable and prudent- st8te whether applir2ble accounllng stsndards hav8 b88n followBd, subject to any material d8parture$ dl$do$ed and explained in the financial *lalpm&nls', and prep8re the financial slalamenls on thè goirvd ¢on¢em basis unless it is inappropriate to presume Ihal the ¢harity will continue in operation. The Irustees are responsibl8 for keeplng sufficient accounllng re(x)rds Ihal disdose vAlh reason8ble 8ccuraty 81 any lime the financial positio￿ of Ihe Charity and enable Iharn to ensure that Ihe financial statement5 ctsmply with Ihe Charities Acl 2011. the Charity IA¢eountS and Reports) Regulations 2008 and Ilie provisioTrs of the twst daed. They ar8 also 18sponsible lor $afegu£rding Ihp assets of the Chartly and h8ne6 for taking reasonable Steps lor Ihe prevenlion and dote¢lion of fraud and other Irregulsrilies. INTERNATIONAL COMMISSION ON RADIOLOGICAL PROTECTION INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF Opinion We have audited financial slalemetEts ol Ilhe'charily'l lor Ihe year ended 31 Decetnber 2024 vihlch comprise thr* slalemant ol finanrAal adivilie5, th& balane8 sh881, tha slalement of cash llows and notes lo th8 fin8nc(al 51alement.s. inctudinu siynificAnl accounting policies. The financial reporting framework Ihal has been applied in their preparation Is applicablÈ law and United Kingdorn Accounlin9 Standards, ineiuding Finane4al Reportlll9 Standard 102 The Finaficial Reportsng SlandaKI appllcable in Ihe UK and Republic off Irel8nd sllx-litiBs lorth8 8utht o the financial sfal6m&ntS 5edlon of our reporf. We are indppendent of Ihe Charfly in accord8nce YAlh Ihe elhlcal requir8ments that are rel&vanl Io Ouf a¢Jdit of the financlal statements In Ihe UK, Indudlng thè FRC'S Elhical Standard, 3Dd we hav8 fulfi118d our olher elhic81 responsibilities in accordance with these requirements. W8 b811éve that the audit eviden￿ we have oblained Is suffirA£llt and approptiate to prowde a basis forour opinion. Conclusions relatlnu to grjlng concem In auditittg the financial stslements, wa have coneluded thal the twslees. us8 of the golng coneem basis of 2¢counling In Ihe prepafalion olthe financial slalemenls 1$ appropfiale. Basèd on Ihe work w& h8vg p&rfoFmed. we have nol Idenlifi8d any thaterial uncèrtalnlies ￿latIng to events or condiliDns that, indNidualty or collectively. may cast significant doubt on the Charity's ability to continu8 a$ a going concern for a period of at least twelve month8 from when Ihe financ*al 51alemEnls are auihotised for issue. Our responsibillti&s and ihe responslbilllles of Ihe truste8s wlh respect to golng con￿r￿ are described in Ihe relovanl se¢llons of thls report. other Infomiatlon The olhef *nfomalion comprises the 1nfom)allon induded in the anrkual report olh&r than lh8 finanaal slalements and our auditorfs ￿Pori taereon. The Iruslees 8re responsible for the olher inform311on contained wthin the annual report. Our oplnlon on Ihe fin8nci81 $101emeR15 does not cover Ihe o1herinf￿rnatiOn and wè do nDt eypress any form of 8s$ur8n¢e conduslon Ihereon. Our responsibility Is to lead Ihe olher infotmalion and, in doing so, con51der whelher the olher Information is malerially inconsislenl wilh Ihe fin8ncial statements or our knowledge oblained In lh& course of the audil, or othetwise appÈars lo bts malerfally mlsslaled. If we idenlify such material Inconsistenci88 or apparent fflaledal misstatements. We are requlied to detem)Ine whelheT thls gives rise lo a materi81 rMi$slaleMenl In the finan￿al slaternents themselves, If, based on Ihe w¢yk we have performed, we condude that Iheie 15 a materigl missta¢¢menl of this otheT information, we are re¢wlr8d to report ihai fa¢l. We have nothing tts rEPOrt In this regard. Matters on whlGh we are requlred to report by ¢x¢eptlo We have nothing to report In respect of the following malters in rel81ion lo which thè Charilles (Accounts and Reports) Regulalions 2008 ￿qUIreS us lo report loyou if. in our opinion.. the Informaiion given in Ihe finan¢lal slaiemenls is Inwnslsienl In any maieriJl respect wilh Ihe tyustees, report., or suffirAenl accountino records have not been kew.. or the financial slatemenls are not in agreement wilh the a¢counling records., or we have rEoI received Ihe Inlormalion and explanallonswe require for our audil. INTERNATIONAL COMMISSION ON RADIOLOGICAL PROTECTION INDEPENDENT AUDITOR'S REPORT {CONTINUED) TO THE TRUSTEES OF Re$ponslbllltle8 of triF8tees As explained more fully I￿ Ihe 51aletnenl oftruslees. r85PDTrsibilllies. the Iwsle8S 8re responslble for the preparalion of the fin2nci81 slatemenls and for bel￿g sali5fied that they giv8 8 true f8ir view, and for such internal conlrel 85 the iwstees det&rniine is necessary lo enabl8 the preparation of financial slatemellts that are free from material misslal8menl, whElhÈr due ta fraud or error. ID prep8Thng the finandal slalements, the Irusiees are rèspoftslble lor assesslng lh8 Charily's abllily to continue as a g0Sng t￿ncern. disclosing. as appllcable, mallers related lo going concem and using Ihe go1ng can￿r￿ basls of accountin9 unless Ihe Iru$lee$ ellher Irhlend lo ¢ease operations. or have no realislic all8rnative but lo do so. Audltows re8ponsibllllles lor Ilib audit of the financlal statements We have been appointed as audllO¢ under seclion 144 01 the Charilies Act 2011 and report in ac¢ofdarx% with the Ad and relovaTTrt regulallons made or hawng effeGt IhÈreunder. Our objectives ale lo obtaln reasonabl8 85SUran￿ about whether the finandal slateme¢)Is a$ 8 whole 8re free from maleiial misslalemenl. whether due to Iraud or erfor, and to issue #n auditorfs report that includes opinion. Reasonable assvrance is a high level ol assurènce bul is not a guarantee that an audll condu¢tÉd in 2ry£0rdance with ISAS IUK) wll a￿ayS d&le¢t a mat8ri81 mis5laternenl when il exists. Misstaiemenis can arise from frÉuO or error and are consldEred material if, indfvidually or In the aggregaie, they could reasonably be expected to influence Ihe economir. decisions of users taken on Ihg basis of thèse financial st31ements. The exlent lo whS¢h our procedures are ¢apable of d8tecting Irfegularilies, Incjudlng fraud, is detsiled below. Identify and assess the risk of material mls$lalem6nt ol the Inanci21 s121ements, whelhei due lo fraud or error. design and perforTll audit procedures resw)nsive to IhDS8 risk8, 8nd obtain audit e￿dence that is $tsftle4enl and appropriate to proude a basi5 for our oplnion. The risk of not detecting a material misslatemenl resulling IrDm fraud is hioher than for one resulting from error. as Iraud may involve collusion. forgery, intention81 oMis5ions, mi$representalions or the OV8FridB ol intern81 control. Obtain an understanding of Inlemal conlrol relevant to th? audit in ord8r to d88ign audit procedures Ihal are gppropri8t& in Ihe cir¢utns18n¢e$, tlol for Ihe purpo$e8 of 8xpressing an aplnion on Ihe effe¢liveness ol the company's inlernal controt. - Evalualo the approwiat8n8ss of 3ccountlng polityes used and Ihè r88son8bleness of accountinG eslitnèlès and th rél8t8d disdDsures made by the dliectors. Condude on Ih8 appropri81en85s of the direclors. us9 of Ihe going concein basis of accounting and, bo$ed on the audit 8vld8nc8 obtalneil, whether a m8leri81 uncertainly exists ￿laled lo event or condilions that may cast signlf4canl doubl on the ¢ompanW$ abilily to Continue as a golny concem. If we conclude Ihat a maierial uncertainly exist5. we are rÈquirecl lo dr8%v att8Tition in ouf auditors feport lo Ihe related disdosure In the finano8151aloments or, if such di8dDSure5 ale inadequat8 lo modify our opinion. Our con¢luslons 2rÉ b2sed on Ihe audil evidencè obtained up to the dale ol our gudilorfs Teporl. However. future èvonts or cOt￿lI10n$ may caus8 th8 cornp8ny lo e•asè lo conllnue as a going concern. Evaluale Ihe overall presentation, struclure and content of the fjnandal stalements, Including the dis¢105ures. and whelher the financlal slalerncnts represent th8 underfylng liansadlons and events ITr a manner thal gthieve5 fail presentation. A turther description ol ovr r88ponsitsli118s is a¥ailabl¢ on the Fts)an¢lal Réportlng Coundl's website al.. htlps.'Il IV4vw.frc.org.ukJaudilorsrosporTr5ibililies. Thi$ description forms p8rt of our audilovs report. INTERNATIONAL COMMISSION ON RADIOLOGICAL PROTECTION INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF Other thattèrs Your allenlion is drawn to the fact that Ihe ¢hartty has prepa￿d fin8nd81 statements In accordance iMth'Accounling 3nd Reporting by Charities.. Slaletnent ol Recommellded P¥a¢lic* applicab18 to cliarilies prepariiig their accounts F a¢eordance wilh tha FiTrancial Reportlng Slandaid applicable in the UK and Republic of Ir8land IFRS 1021. las amended) in prelerence to Ihe Aecouniirtg and Reporting by Charllies-. Stalemenl of R8commended ￿a¢lIce issued On l April 2005 vjhich is referred lo in the extant regulations but has now been withdrawn. Thls hes been done in oldei for the financlal slalements lo proiqde 8 true and fair v￿W In att(x)rdance wlh curient GenerallyAccepled Accounling Practtce. Use ofour report This report Is andR lety to the charills Ifuslees, as a body, in 8c£ordanc£ wlh Part 4 of the Charities (Accounls s 2008. Our audil work has been undtsrtaken so that we mighl slale to the charitls tru.slees quired lo s1818 to Ih8m in an auditors ￿port ènd for no Other purpose. To the fullest extent ol accept or assume ￿SpOnSibl441Y to anyone other than Ihe charrty 2nd the chaiily's dil work, lor Ihis report, orfor the opinions wg have loimed. al re r law. body, ur ald Fora Chartered A 4648 E8sI Slreal Epsom Surrey KT17 IHa Uniled Kingdom Date.. elson FC ehal nlo Statutory Audltor) Xein In Audit LTrmiled, StaluloryAudi(01 Xeinadin Audil Lirrtiled is 81igibl8 for appoinlmenl 88 8udilor of Iha Charity by wrtue ol lis ellgilmlily for apwlnln)enl a5 auditor of a comp8ny under seotlon 1212 of Ihe CompaniesAct 2006. INTERNATIONAL COMMISSION ON RADIOLOGICAL PROTECTION STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2024 Unre$trl¢ted Uhre$trfcted tund8 fuiid8 2024 2023 Can$ Can$ Note5 Income from: Oonalions and le9a¢ie$ Charitable aoliiilie8 Olhertradillg aclivllles Investments 5.085 1.079.698 151.903 6,397 58,380 1,086,879 159,475 5,566 Total ItJcom6 1,243.Q83 1,310,280 Eypondlturè on.. Charitable a¢tivltses 1,317,793 1.358,256 Totsl gXP8ndlture 1,317.793 1.358,258 Nel gaIn￿(lOSSes1 on inv¢slmenls 12 24,200 17,052 Net oxpendlturè and movemènt In fund8 150,5101 130,9241 Rècon¢lllatlon of thttds: Fund balanc85 at 1 January 2024 900,190 931.114 Fund balances al 310ecember 2024 849.880 91)0.190 The 5talernenl Of financial activiiies indudes 811 gains and losses recognised in the year. All Income ar)d expeiiditur8 dertve from eA)lltinuing acliwlles. 10- INTERNATIONAL COMMISSION ON RADIOLOGICAL PROTECTION BALANCE SHEET AS AT 31 DECEMBER 2024 2024 2023 Kotey Cans Can$ Cans Cin$ Fixed asstts Tangibla assEIs Invostmcnts 14 15 20.174 216,663 7,877 185,067 236,837 fj93,944 Currént assets Oeblors C8511 81 bank and in hand 16 257.714 4W.767 46EI.0313 431,171 748.481 900,009 Cr8dltors'. ainouiits fallirig du8 WitIiFIi oiie year 17 1135.638 1193,7631 Net current as58ts 812,843 706,246 Total a¥sèls less ¢urr&nt Ilabllltl¢$ 849,680 900,190 Th• funds of thg Chorlty Unreslrfcled funds 18 849.680 900,190 849,680 900.190 The ftn8nci81 stalemenls wei& approv8d by th8 Ir115teBS ...........,............. ,U JLkn- Drw R(Ih Triistee INTERNATIONAL COMMISSION ON RADIOLOGICAL PROTECTION STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 DECEMBER 2024 2024 2023 Notes Can$ Can$ Can$ Can$ Cash flows from op8fdtlng 8Ctivtties Cash gèner31ed fron)Ilabsorbed by) OP6rations 21 77.271 (85,2001 Inv88tiny a¢tivitle$ Purchase of tangible fiKed assets Purchase olinvestmenls InvestmorTrt income receivod 117,fj751 {3,8741 {5,56n 5,566 Net cash used In Investing actlvltles 117,6751 13,8751 Net cash generated from financlng actlvltleB Net Increas8lldècrn88&1 In cash and cash equlvalent8 59,596 {89,0751 Cash and Cash equlvalents at beglnning olyear 431.171 520,246 Ca$h and ¢a8h equlvalents zlend ol year 4￿).767 431,171 12- INTERNATIONAL COMMISSION ON RADIOLOGICAL PROTECTION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Aeeountlnu poll¢les 1.1 Accounting convention The financial slalemenls have been prepared in accordance wilh th8 Ch2tily's geveming document, Ihe Charities Act 20fj1. FRS 102'The Finanual Reporting StsndBid applicable in Ihe UK antl Republlc ol Irelart(J" and the Charities SORP 'Accounling and Reporilng by Charitles.. Slalemenl of Recommended Praclice pplicable to charilies preparing Iheif 2ccounls in 3ccordanc8 with Ihe Finanejal Reporting Standard applicable Irj the UK and Republic of Iieland IFRS 1021". The Charily is a Public Ben8f51 Enlily 88 d8filled by FRS 102. The fin8noal statements have departed from the Charities IAccounls Reports) ReguldliD115 2008 only to the Èxlenl required lo provide a true and fair view. This d¢partvro has involved Yollowlng IPte Statement ol Recomrnended Pro¢1ice loi chartlies 8pptying FRS 102 rather than the ver8ioTh of the Stalemerbt of Re¢ornM8nded Practice whlch is referred to In Ihe Regulations butwhich has slnce been withdrawn. Th& finanual 51atemenls s￿ prepared in sterfin9, whleh Is the fvnellonal currency of Ihe Charity- Plonelary a[r￿u￿t5 iii these financial 81atemenl8 ato rounded lo the nearest Can$. The financial staletnents have been prepared under thè hlstoritsl eA)sl convenilon. Imodlfied lo indude th8 revalualron af freehold properties and lo tnduda inveslmani properties and certain finanaal Instruments al fair valuel. The pllncip31 ¥¢taunting pdiri&s adopted sel out below. 4.2 Golnu concern Al thè lime of approving the finanaal stat6menis. the Iwsiees have g reasotkab18 eXP8cialion Ihal the Charity has ad80￿8t8 re8ourees lo Con￿17Ue in op8raltonal existence for the foie8eeable fulure. Thu5 Ihe trustee5 continue lo adopl the going cone8rn basis of accounting in pieparin9 Ihe financlal slalem8nts. 1.3 Charitable funds Uniestricled funds are available for use al Ihe diacrèlion of the trustees in fL#lherance of their charilable obleclivp5. Re51rFCted ftjnds a￿ sublecl to specific conthlions by donors or g￿ntOrS as lo how Ihey may be used. The purposes and uses of the rÉslricted fund$ are sel OUI In Ihe notes lo the finanaal statements. Endowment ftsi)ds ale svbjecl to speufic condilwjns by donors Ihal the c4pltal mtjsl be malnlained by the Charity. 1.4 Income Inc￿Me is reeognised when the Chaiily is legally enliued lo il after any performance conditions hav8 been mel, the amounts ean be mga8ured reliably, 2nd it is probable th81 income ivill bc rece￿ved. Cash dmalions ara recognlsed or* receipl. Olher donations ar¢ retAgnlsed once the Charity h*$ been nolifieil of thè donation, unless performance ¢ondltions require 41of¢rral of Iho amount. Incomo tax r¢covorable In re181ion lo don81ions received under Gift Aid 01 deeds of covenant is recognised al Ihe lime of Ihe donation. L8g2u&s are recognised OTr ieceipt or olhemse 51 Ihe Charity hès bfrèn notified of an imp8ndlng dislribulion, the amount Is known, and recelpl Is expected. If the amount Is not known, the lega¢y 15 Ire&led as a cont¢ngenl asset. 13. INTERNATIONAL COMMISSION ON RADIOLOGICAL PROTECTION NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Accoun¢lng pollcles IContlnu¢dl 1.5 Expendlture Expenditure Is r8eognT5ed once Ihere is a Ipgal or con$tru¢lNe obligation to transfer 8COn¢yhfe ben&fit.to a thlrd pariy. il is probable that a Ir8nsfer of economic benefils wll be rpquired in selUem¢nl, and the amount ol the obligation can bÈ ni8asured reliably. xpendllure 1$ dassified by activity. The tost$ of 8ath adivily are made up of Ihe 10181 ol dire¢1 costs and shaTrd costs, including support cost$ involved in ulldEttaking each aclivity. Direct costs attribulable io a slng18 d¢llvity are allo¢3led directly lo that aclfvily. Shared cost5 whlch conlribule lo more than one aclivily and suppor( costs which are not atlllbutable to a sinole activity are apporfioncd belweeTr those activllies on a basis ¢Dlls151enl wilh the use of resources. Centr81 staff costs are alk)c8led on the basls ol time spent. and deprectalion chaiges are 8lloGaied on th8 Portion of Ihg a55el's use. 1.6 Tanuible Ilxed a$$ets Tangible fixed as$els arè Inilialty measured al cost and subsequ8nlly Me￿￿red al ￿5t or valualion. nel tsf depra(i81ion ally Impai¥menl losses. Depreciation is recognised so as 10 write off th8 rA)sl or valuation of assels less their ies5dual valu8& overlhelr useful lives on Ihe following basès.. FlxturÈs and fjltlngs 2￿A cost The gain or loss arising on Iho dlsposal of an asset Is deteiniined 3S the diff8renee betsyeen the s818 proceeds and IhÈ ctwrwng value of the asset, recoonised In Ihe statement orrinandal a￿1villes. 1.7 Fix•d a88et Inv8Stment$ Flxed asset inve51Tn8nts are iTrilialty M?as￿re￿ at transaclion price exduding tran5actron Gosl$. and are subsequently rneasur￿ al lalr value at eath report￿g dale. Changes in fair value are recoanised in net In￿me1(8XpendlI￿{e) for Iha y88r. Tran&acl¢on costs afe expensed as incurred. 1.8 Impalrmènt of flxed a$$ots At eaGh reporiing end dale, the Charity miews th8 carrying amounts of its tangible assets lo deteFmine whether there is any indi¢allorÈ Ihat Ihose 85sel$ have sufleied an impai¥ment 1055. If any such indication exists, Ihe r6covai8ble amount of Ihe asset is estimated In order to d&t8rmin8 the exlenl ol the impaiTThEnt loss lif any). 1.9 ¢a$h and cash equlvalents Cash and cash 8qulvalents indude Gash in hand. d8posil$ held ai ￿11 with banks, olher short-lerm liquid snveslments with oThginal maturilies ol thieB moThlhs or 2nd bank overdrgfts. Bank overdrafts are shown within boriowings in current liab4'1iti85. 1.10 FIETranclal In8tNM8nts The Charity has eleGled lo apply the provisiuns of Seclion 11 'Basie Financi81 InslNm8nl8' and Sedion 12 'Oihef Fln8nci&l In$tnJments Issues. ol FRS 102 10 811 of 115 financwdl in$lrumenl$. Finansal inslwmenls a￿ recoonlsed IR the Charitrfs balance sheet Mthen the Charity becomes pariy to Ihe conlraclual promslons of the Instmmenl. Flnandal assets and liabilites grè offset, the nel amounts presented in the ffnandal statement8, wher* there is a logally enforoable ￿ght to sel off Ihe recognised amounls and there Is an iritènllon to sellle on a net basis or ta rp.alisÈ lh8 ass8t and s&llle Ihe li¥bilily sirnullanÈou$ly. 14 INTERNATIONAL COMMISSION ON RADIOLOGICAL PROTECTION NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2024 Account4ny pollcles Icontlnuedl Bas1¢ Ilnancial assets B8sic fiTranci81 88S81s, whid) include debtors and ￿sh and bank balan￿S, ale inillally rneasuied 81 transaction pric8 includlng Iransaclion cost5 and are subsequently carried at arnotli5ed ctssl uslng Ihe effective inleresl melhod unless the arr8ngetnenl ¢onslitu188 a financing Ifan5Eiclion, where th8 Iransaclion is measur8d at Ihe presenl value of the lulure feceipls discounted at a TrTrarkel late ol inleresl. Financial assets classified as receivabl8 ￿ryth1Th one year a¥8 not amortlsed. 8a$i¢ Ilnancial Ilabllllles Basic fin8noial liabililies, includin9 ￿dItorS 8nd bank loans a18 1riilially recognised al Iransaction pric8 unles5 the 8rrÈng8ment con.%lilules a finaTrtAng tfansaclk)n. vthere the ¢Yebl instfument Ss measured at Ihe present valu8 of the Ivlure payments discounted 8t a mart(el ra18 of snteresl. Finan￿al liatsllties da$sTrfRd as payable within one year are not amortised. Debt instruments are $ubsequenily carrfed at amortlsed cost, using lh8 effeGtlve interesE Tate fflelhod. Trade cx8dilors arè obligations to pay for goods or service5 that have been acquired in tho ordinary wurse ol operations from suppliers, Amounls payable are classified as current li8bilitie5 if payment 18 due within one year or less. If nol, they ar8 presented as non-current liabililie5. Tiade creditors are r8cognised Initially al Iransaelion prica and subsaquently measured at amortised cost uslno the effective interest method. Derecognl¢Aon of 1lnanclal118bllllles FinanGi31 Ilabilities are deiecognis8d whén the Chgritls conlradual obligations éxpire or are dischaiged or raacelled. 1.11 Employee beneflts The cost ol any unu58d holiday 8nbllernefit is ret￿nISed in the period in whith thB employee's serv¢ces are ¢eived. Termination benefits 8ro iecognised itnffledialely as an exp8nse when the Chatity is dsmonstrably committed to 18minale the 8mploymenl of an employee or lo proinde termination benefit5. Crltlcal accountlng estlmatès and judgements In the 8pplication of Ihe Ch8rily's accounting p0￿CleS, Ihe Injstees 8rp required lo make judgements, e51imales and assumpliefis about Ihe carrying amount ol a$5els and liabllltles Ihal ar8 not readily spparenl from other sources. The eslimatas and a55orialed assumptions are based on hislofical experien￿ and other factois that are Gonsidered to be relÈvanL Actual ¥e8ulls may differ froni th&se e51imales. Thè estlmates and underfying as$umplions a18 Teiri8w6d on an ongoing basi& Revisions lo a¢¢ounting estimates ar& recogni5ed in the period in vthiGh the esllmale 18 revised where. IhÈ rÈvlsion 2ff8cts only thal p8rtod. or in the period of Ihe ¥evision lUlu￿ periods where the rewslon affects both curreni and future pertods. 15- INTERNATIONAL COMMISSION ON RADIOLOGICAL PROTECTION NOTES TO THE FINANCIAL STATEMENTS {CONTINUEn) FOR THE YEAR ENDED 31 DECEMBER 2024 Income frowrj donallons and leuacle$ UnrestrÈGted fuNds 2024 ¢an$ Unrestrlcled fundg 2023 Can$ Donalions and gifts Other 5.085 17.185 41.175 5.085 SB,380 Income from ch&rltable actlvltles Unrestrl¢tsd Unrestricted futtd8 funds 2024 2023 Can$ Can$ Promotlon of radltslouS¢al prot•ctlon Grants 1.079.698 1,086,879 16- INTERNATIONAL COMMISSION ON RADIOLOGICAL PROTECTION NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2024 Income from tharltable atdvltlÈs Iconllnued) Grgnts received, IndLAlÈd in Ihè above. sr8 as follthvs= 2024 G8rm8n Federzl Minisl foi Ihe Environmenl Nature Conservation & Nudear Safel Fedpial Aulhoril for Nudear R8 ulalion, UAE Canadlan Nudear Safet Commission & Healih Canada Oak Rid e Nallonal Laboralo .USA an NUS Co Limited Inl8ifial(onalAtoMl¢ EnergyAgenG 8ru¢e Power, Canada In51itute de Radioprot8clion et de Sufela Nucleaire , Fran National Institute lor auanlum & Radiolo ical Sc4enc8 & Technol Swiss FedpTal Office of Public H8allh FOP Spanish Nuclear Safel Counoil Swlss Federal Nuclear Saf81 Ins ectorate Chin8se Sooe of Radialion Pffoledion Swedish Radi8lloD Safel Authoril SSM ANDRA, France WoAd NudeafAssodallon Radlatlon.Safe Instllule ol Canada RSIC Austiallan Radiatlon Protection and Nudear Sar Health Ph sics Socie HPS , USA Ca￿￿￿0, Can3da Norwe ian Radiation Prote¢tion Authority IDS Nuclear Energy In5tilule, USA Slnda¢alo Nazion818 Area R8diolo SNki Ital Italian Radiation Protection Associ£lion IAIRP IlalianAssaciation of Medlcal Radlalion Proleclion IAIRM Ilallan Radloblology SoGTel AIRB 1181ian Association of Radiation On¢ology {AIROI Assoclaiione Italiana Ul Fisica Medlca AIFM Mari8 Clalre C2nlone Inleinaliona5 Radlatlon ProledlonA880cialion OECDINEA Danish He8hhAulhoril Cefilfe d'F.lude 5vrl'Fv31uation de la Pmtectlon TU Delfi Reactor Inslilul&, Tha Netherland& Icelandlo Radiallon Proledion Inslilule Radialion Effects AssocialiorTr, Ja an CRP 2023 Local Oroanisin Committee, Ja United Stsles EnvtFonmenlal Prolectlon A en¢ NO￿ellI8￿ Ra¢Jiaiion and Nuclear Safe Aulhori Bundes8ml fvr Stiahlenschutz, German Nalionol In$lilule ol Radiation H iene, Denmark 187.627 171,922 99,900 75,248 68,699 68.233 50,000 30,910 29,538 29,410 29,268 29,268 27,815 24.559 21,951 20,562 20,000 13,Dl5 12,782 lo.￿0 7.317 6,576 4,445 4,445 4.445 4,445 4,445 4.445 4,383 4,021 3,784 2,982 2,963 1.787 1,467 865 os ,Ja an enc CEPNI, France an f.083.42i 17- INTERNATIONAL COMMISSION ON RADIOLOGICAL PROTECTION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Incom? froffl other Irading aclivltlos ilnrestrfcigd Unr¢strl¢ted fund8 fundÈ 2024 2023 Cans Cans N0￿chall￿ble Irading activilies 151,903 159,475 Income from inveBlfflents Unrestricted Unr¢8trlct*d funds fiinds 2024 2023 Can$ Cali$ In¢om& from lisled investmènts 6.397 5,566 Expondlture on charltable a¢tlvltle8 Prornotion PromoUon radlologlcal radlologlcal prole¢tfjon protectlon 2024 2023 Can$ Can$ Dlreot Costs Travel and meÈting expènses 340.022 376,484 Share ol support and goveman¢g cogt$1$06 note 81 Support Govemanc 959.132 18,639 gS5,886 15,886 1.317,793 1,358,256 Analys18 by fund Unrestricled fund8- general 1.317.793 1.358.256 18_ INTERNATIONAL COMMISSION ON RADIOLOGICAL PROTECTION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Support Costs allocated to actlvitlos 2024 Cans 2023 ¢an$ Slaff costs Depreoalion OpErabng lease chargas Publications cosls In8urance T81ephone 758,540 5,379 64.723 8.442 13,321 11,195 770,329 3,690 41.175 6,009 13,390 9,907 k jj Postage and stationery Sundry expensos Computer costs and webslle d8velopTnenl Other professional Se￿￿Ge5 Exchange {gainslnosges Bank ¢h3rge$ Govern8￿ c4Ytst$ 0,082 37,818 38,213 307 11,422 3,e32 18,639 2.977 23,027 45.166 9,543 26,641 4.032 15,888 977,771 981,772 Analysed bglw8en= PrI￿o￿On of Fadiological piotectlon 977.771 981.772 trlet movement in funds 2024 Can$ 2023 Can$ The n81 moveinenl In lunds 1$ Stsled aftercharglngllcredlllngl., P8es payable for the audit ol the charity's financial statements Depieaalion of owned langitAe fixed assels Loss on disPC)sal of langible fixed 38581s Operatin9 le888 chaiges 18.639 5,379 15,886 3,276 414 41.175 64,723 10 TrusEe85 No￿e of Ihe Iruslees lor any persons connected wlh thetnl reCeIv￿ any remuneralion or benèfiis frorn the Ghadty during the year. 11 Employees The averaue monlhty numberof empbyees during the ye3rwa5'. 2024 Number 2023 Number 19- INTERNATIONAL COMMISSION ON RADIOLOGICAL PROTECTION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 11 Employ805 Icontlnuedl Employment costs 20Z4 Cans 2023 Can$ Wages and salartes 75B,540 770,329 Thè number of employe68 whose annual iemun8ration was Mtt￿ than $eo,000 18 as follows.. 2024 Number 2023 Number £230,000- £240,000 ICAD 414,322- CAD 432,3381 £170,000. £180,000 ICAD 306,238- CAD 324,252 £70,000- £80,000 (CAD 126,098- CAD 144,1121 £80.QOO- £70,000 ICAO 108,084- CAO 128,0981 Ramuneratlon of koy management personnel The remuneration of koy managewnEnt personnel was as follows.. 42 Galn$ and10sses on Investments Unréstrfeted tlnre$trl¢tsd funds funds 2024 2023 Can$ Can$ Gainsll105sesl arisiTrg an.. R8valualion ol inveslmenls 24,200 17.052 13 T8xatlon The ¢harfly Is exempl from tsxallon on Ils acliwti8s because 811 Ms Income is appled foF tharitaUe puw05e5. -20- INTERNATIONAL COMMISSION ON RADIOLOGICAL PROTECTION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 14 Tanglbl¢ fixed 8888ts Flxlurasand Can$ Cost Al 1 January 2024 Addilions 14,123 17,676 Al 31 DecembeT 2024 31,799 Depyoclatlon and Impalrment Al 1 January 2024 Depr8￿8t10Tr tharged In Ihe year 6,246 5,379 Al 31 December2024 11,625 ¢arrylng amount Al 31 0e¢emb8r 2024 20.174 At 31 December 2023 7,877 lfj Flxed asset Inv8Stmonts Llslod Investments Call$ Cos¢ orvaluallon At 1 January 2024 & 31 Oec8mb8r 2024 186,067 Carrying amount At 31 December 2024 186,067 At 31 December 2023 186,067 2024 Cat7% 2023 Can$ Investments at fairvalue comprise= Valualion in 2020 Valuation in 2021 Valuation in 2022 Valuation in 2023 VaSuatioR In 2024 46,604 146,847 {30,0031 22,619 30,596 146,6041 114e,8471 130.0031 22,619 216,663 186,067 21 INTERNATIONAL COMMISSION ON RADIOLOGICAL PROTECTION NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2024 16 Debtors 2024 Can$ 2023 ¢an$ Amounts falllng due wlthln one ye&r.' Other deblors 257.714 468.838 17 Credltor8: amounts falllnu d41e wlthln one year 2024 Cali$ 2023 Can$ Other ueditors A¢uuals and deferred incomB 135,838 180,733 13,030 135,638 193.763 18 Unrestrtcted lurtds The unr6slrict8d funds of the chaiity ¢Cimprls8 Ihe unexpended balances ol donation8 and grants whtch are nol subject lo sppcifiG c￿nditIOnS by donoTs and grantors as to how th&y may be used. ThESP induda designated funds which have been set aslde out of ynreslricted funds by Ihe trustees for specific purposes. At l January 2024 IneomliEg Resources re$ourcos expended Galn$ and losses At31 December 2024 Cans CaN$ ¢all$ Can$ Can$ General funds 900,190 1.243,083 11,317,793} 24,200 849.680 Previou8 year. At 1 January 2023 Incomli)g Resou￿e3 resouKes expended Gain# and 1088eB At31 Decémber 2023. Call$ 900,190 Can$ 931,114 Caris 1,310,280 an$ 11,358.2561 Can$ 17,052 General funds 19 Operatlng leas¢ ¢ommllment8 Les8èe At tha reporting end date the Charity had oulslanding commilments for future miTrimum lease payfflEnls under non-¢an¢ellable operating leases, which fall due as follows-. 2024 Can$ 2023 Can$ thin oneyear 8etwe8)I two and five year£ In ovar five years 27.222 108.891 113.428 249,541 -22- INTERNATIONAL COMMISSION ON RADIOLOGICAL PROTECTION NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2024 20 Related paty tr4D$actlons The￿ wÈre no disclosabte related party transactions during the ytar {2023- none). 21 Ca$h gener21ed fromllabsoybod byl optiatlons 2024 Cans 2023 Can$ Dofidl fu the year 150,5101 130.9241 Adlu8knents for- Inveslmenl income r£cognised In slaiemeniof fi#anaal 8¢1iwli8s (Goininoss on disposal ortangSble fixed assets Fair value gains 8nd10$8e$ on inv¢slmenls Depre¢Aalhin and impairm8lll of tanglbla fixéd assèls 16,3971 15.5661 414 117.0521 3.278 124,2001 5,379 MDvement$ In worklng capltal.. D8creasel(Increasel In debloFS lDecreasellinc￿ase in ¢redilors 211,124 158,1251 1109.9121 74,564 Ca#h gon6rated fromllabsorbed by) operation8 77,271 185.21X)I 22 Analys1$ of ¢hang¢$ In net funds Th8 Charity had no Tnaterial debl during the year. -23-