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2021-12-31-accounts

OCIETIES o WFSA WORLD FEDERATION OF SOCIETIES OF ANAESTHESIOLOGISTS Trustees, Report and Financial Statements 2021 WFSA unites and empowers anaesthesiologists around the world to improve patient care.

World Federation of Societies of Anaesthesiologists (UK) Trustees. Annual Report For the year ended 31 December 2021 Contents page Trustees, Report Independent Examiner's Report Statement of Fi nancial Activities Balance Sheet Notes to Financial Statements 10

World Federation of Societies of Anaesthesiologists (UK) Trustees. Annual Report For the year ended 31 December 2021 The trustees are also the directors of the charitable cornpany and will be referred lo as the trustees throughout this document. Reference and Administrative details Registered charity number 1166545 Company Limited by Guarantee Registered Number 09312117 Registered Offlce 57 Queen Anne Slreel London W1G 9JR Telephone 0203 981 1918 Bankers National Westminster Bank PIC Cavell House, 2a Charing Cross Road London WC2H OPD Independent Examiner Alison Ward FCCA Alison Ward Accountants 28 Hills Road Buckhurst Hill Essex IG9 5RS Trustees Professor Adrian Gelb, Chair Dr Andrew Hartle, Treasurer Dr Berend Mets Dr Wayne Morriss Dr Jolene Moore Dr Emma Lillie Company Secretary Kristine Stave (from 10 June 20221 Julian Gore-Booth (to 10 June 20221

World Federation of Societies of Anaesthesiologists (UK) Trustees. Annual Report For the year ended 31 December 2021 The trustees present their report and the independently examined financial staternents of the charitable company for the year ended 31 December 2021. The statutory information is shown on Page 1. Structure, govemance and managemenl The charity is a company limited by guaranlee (registered in England and Wales number 093121171 and is limited by guarantee. The liability of each member in the event of winding up is limited to £1. Its registered address is 57 Queen Anne Street, London, W1G 9JR. 11 has a Memorandum and Articles of Association as its governing document. The charity registration number is 1166545. As per ils Articles of Association, the World Federation of Societies of Anaesthesiologisls IUKI (WFSA IUK}) is governed by a Board of Directors who are also trustees as per the Charities Act 2011. Day- to-day management is provided by the Company Secretary. At the end of the period, three of the six trustees were based in the UK with the others holding posilions on the World Federation of Societies of Anaesthesiologists {WFSA) as per the Articles of Association Clause 27, &5.. 27-{3} At least one director must be a UK resident. 27-{4} Three directors would usually be serving members of the Board of the WFSA and Ihe President oflhe WFSAwould usually also serve as the President of Ihe WFSA (UK) 27-{5} Subjert to the members, discretion, at least one director shall be a non- anaesthetist. Induction and Training All new trustees are briefed by the Company Secretary and receive information about the structure, governance and activities of the WFSA {UKI. All trustees receive a copy of the Articles of Association, alongside a briefing document about their responsibilities as Trustees and useful links to the Charity Commission website. Trustees also receive documentation and contextual briefing on the global crisis in anaesthesia and surgery.

World Federation of Societies of Anaesthesiologists (UK) Trustees. Annual Report For the year ended 31 December 2021 Objectives and aclivities The object of the WFSA IUKI as set out in the Articles of Association, is.. To preserve and protect the health of patients through ensuring they receive and have access to safe anaesthesia worldwide by educating and Iraining anaesthesia providers, disseminating international standards and supporting innovation and research in anaesthesiology for the benefil of the public. Public benefit WFSA provides public benefil by educating and training anaeslhesia providers, disseminating international slandards and supporting innovation and research in anaesthesiology. The Irustees confirm they have complied with the guidance contained in the Charity Commission's general guidan￿ on public benefit in section 4 of the Charities Act 2011 when reviewing the Charity's aims and objectives. Who we are The WFSA IUKI is led by a team of volunteer anaesthesiologists together wilh other volunteers who share a mission to improve access to safe anaesthesia and to ensure that its provision is as safe as possible. We exist to further and support the global activities of the World Federation of Societies of Anaesthesiologists IWFSA) and to bring UK expertise, volunteers and financial resour￿$ to bear on the global crisis of unsafe anaesthesia and surgery. What we do The WFSA IUKI seeks to support the WFSA in its work to address the fact that five billion people (of a global population of just over seven billion) do not have access to safe, affordable anaesthesia and surgery. Work done with WFSA Our work continued to be restrTCted during the financial year ending 31 December 2021 due to the global coronavirus pandemic, and the intermittenl restrictions on international travel. However, the charity still supported the following projects.. 1. Uniling for Oxygen 2. Safe Anaesthesia ASAP- Telangana (India) 3. Fund a Colleague's Education (FACE) 4. WFSA- Fresenius Kabi Anaesthesia Innovation Awards Uniting for Oxygen In February, WFSA (UK) launched a Uniting for Oxygen fundraising appeal, alongside its partner WFSA. This aimed to place oxygen concentrators, pulse oximeters and generators in hospitals in Zimbabwe and Nigeria. A total of £22,235.78 was raised for the appeal and 250 kits were delivered for distribution lo local hospitals and clinics, Safe Anaesthesia - ASAP This project strengthened anaesthesia capacity in the state of Telangana, India. We received a no-cost-extension to continue work in 2021, but ongoing restrictions imposed by the pandemic limited Ihe delivery of our "conventional" training and education for anaeslhesiologists and clinicians. Our work focused on online education and training. This included piloling the first online SAFE Paediatrics course, development ofthe SAFE Online Platform which includes the SAFE Online Obstelrics and SAFE Online Paediatrics courses and ongoing development of the WFSA'S

World Federation of Societies of Anaesthesiologists (UK) Trustees. Annual Report For the year ended 31 December 2021 Virtual Library. We were also able to support scholars from Telangana to attend the first virtual WCA in September 2021. The project has now concluded and successfully mel or exceeded most of its objectives. Over the course of five years. we have trained over 1,000 clinicians and developed over 150 medical educators. The project has also enabled us to strengthen our relationship with the Indian Society of Anaeslhesiologists {ISA} and establish a foundation for the major short-course Iraining programmes offered by the WFSA. The trainers trained in Telangana have gone on to deliver SAFE Paedialrics in India (New Delhi}, contributed to Ihe SAFE Online Training-of-Trainers (with the Association of Anaesthelistsl in the UK, supported the delivery of a SAFE Online course in Cambodia and will be running additional SAFE and VAST courses in South Asia in 2022. Fellowships The Fund a Fellow campaign was rebranded to Fund a Colleague's Education IFACEI. This was done in order to use funds more flexibly to support Ihe education and training programmes that remained operational during the pandemic. We also continued to operate two Fellowships (Paediatric Anaesthesia in Nairobi and Pain Management in Bangkok) and establish a new programme {Paedialric Anaesthesia in Bangkok}. In 2021, we were able to support the training of five Fellows across these programmes. WFSA - Fresenius Kabi Anaesthesia Innovation Awards The project concluded this year wilh all Ihree awardees and innovations being showcased al the 2021 World Congress of Anaesthesiologisls IWCAI via a virtual ceremony and exhibition space. We were also able to work with Fresenius Kabi and the WFSA to develop a dedicated congress session on Ihe Innovation Awards. We have also secured support for another round of the programme to commence in 2022 and conclude at the next WCA taking place in 2024 in Singapore. Financial review The WFSA (UK) generated income of £95,330 (2020= £48,515) over the course of the year. Total expenditure was £73,566 {2020'. £61,862). The total reserves atthe end ofthe year were £46,80012020= £25,833) ofwhich £37,955 (2020= £24,273) was restricted. The charily supported these projects by making contributions to its partner organisation the World Federation of Societies of Anaesthesiologisls IWFSAI, a non-profit organisalion registered in the US (registration number EIN 13-32111281 with the same objects. Although there are no written agreements in place, WFSA slaff and trustees are aware of their liabilities and responsibilities in delivering the projects as specified by WFSA (UK) trustees and grant funders.

World Federation of Societies of Anaesthesiologists (UK) Trustees. Annual Report For the year ended 31 December 2021 Risk rnanagernent WFSA (UK} rnaintains a risk register and trustees regularly review the risks on the register. They have pul systerns in place to mitigate risks faced by the charitable company. Reserves policy The trustees recognise that the level of unrestricted reseNes of the charity is low but point out that the charity has virtually zero running costs and is supported entirely by volunteers. Its partner organisation, WFSA, has agreed to support the charity to ensure it remains a going concern. Coronavirus ICOVID-191 and Going concern The trustees have ensured that the WFSA IUKI is a going concern. Whilst the pandemi continued to curtail activities during 2021, further funding proposals were submitted to Masimo (Palestine, India, and AOLC), Fresenius Kabi {Innovation), UK Aid {Liberia), and THET (Ethiopia}. The WFSA (UK) is an independent charity allied to the WFSA, and sorne resources are shared between the two organisations, most notably staff and office premises. As expected, the outbreak had a negative impact on the WFSA (UK) with reduced income and expenditure over the course of Ihe financial year. The running cosls of the WFSA {UKI have. however, been kept to a minimum and therefore the financial risk lo the organisation remains low. The Board has conlinually reviewed Ihe global siluation and been in regular contacl with donors. staff. volunteers. and beneficiaries to ensure Ihey were kept up to date with developments in the UKand around theworld. In managing risk, the Trustees have considered first and foremost the safety of individuals and made sure that miligaling measures such as remote working and suspension of programme activity have been put in place. During 2021 it was agreed with ￿rtain donors thal funds could be repurposed away from face- to-face delivery towards developing additional digilal learning services.

World Federation of Societies of Anaesthesiologists (UK) Trustees' Annual Report For the year ended 31 December 2021

Statement of trustees' responsibilities

Company law required trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure of the charitable company for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and direction of fraud and other irregularities.

Small Company Provisions

This report has been prepared in accordance with the special provisions for small companies under Part 15 of the Companies Act 2006.

Independent examiner

Alison Ward FCCA of Alison Ward Accountants was appointed as WFSA (UK) independent examiner during the year and offers herself for reappointment at the forthcoming AGM.

This report was approved by the trustees on September 2022 and signed on their behalf by

Dr Andrew Hartle Treasurer

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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF WORLD FEDERATION OF SOCIETIES OF ANAESTHESIOLOGISTS (UK) FOR THE YEAR ENDED 31 DECEMBER 2021

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2021.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or

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

  3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair view which is not a matter considered as part of an independent examination; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Alison Ward FCCA

15 September 2022

Alison Ward Accountants

28 Hills Road Buckhurst Hill Essex IG9 5RS

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WORLD FEDERATION OF SOCIETIES OF ANAESTHESIOLOGISTS IUKI STATEMENT OF FINANCIAL ACTIVITIES lincluding the Incom* and Exp•nditura Aceountl FOR THE YEAR ENDED 31 DECEMBER 2021 Unrestricted Restricted Funds Funds Total Unrestricted Restricted 2021 Funds Funds Total 2020 Note In¢ome from= Donations and legagies Charitable activities Investments 10.724 43.544 40,984 54.268 40,984 78 2,332 9,629 36,554 11.967 36,554 78 Total 10,802 84,528 95,330 2,332 46, 183 48,515 Expenditure on= Raising funds Charitable activities 22 2.197 481 70.866 503 73.063 479 1,608 479 61.383 59, 775 Total 2.219 71,347 73,566 2,087 59, 775 61.862 Net incomellexpenditurel 8,583 13,181 21,764 245 (13,5921 (13,341) Foreign exchange gainslllossesl 17911 171 17981 (2,913) (2541 {2,659) Net movement in funds 7,792 13,174 20,966 (2,668) (13,8461 (16,006) Rèeoneiliation of Funds Total funds brought forward 1,053 24,781 25,834 3,721 58, 119 41,840 Total funds carried forward 8,845 £ 37,955£ 46,800 £ 1,053 £ 24,273£ 25,834 The Company made no recognised gains and losses other thèn those reported in the income and expenditure account. All incorne and expenditure delive from continuing activities. The notes on pages 10 10 19 form part oflhese financial stalements

WORLD FEDERATION OF SOCIETIES OF ANAESTHESIOLOGISTS {UK) Company registered number: 09312117 BALANCE SHEET AT 31 DECEMBER 2021 Note 2021 2020 CURRENT ASSETS Debtors Cash at bank and in hand 12,080 36,369 4,695 22, 052 48,449 26,147 CREDITORS: Amounts falling due within one year {1,6491 (913) NET CURRENT ASSETS 46,800 25,834 NET ASSETS £ 46,800 £ 25,834 RESERVES Unreslricted funds Restrided funds 8,845 37,955 1,053 24,781 £ 46,800 £ 25,834 In approving these financial ststements as trusteesdirectors of the Charitable Gompany we hereby confirm that: For Ihe year ending 31 December 2021 the charitable company was enlitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the charitable company lo obtain an audit of its accounts for the year in question in accordance wilh section 476. The trustees acknowledge their responsibilities for complying with the requirernents of the Act with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies, regime. The accounts were approved by the board of trusteesldirectors on September 2022 Andrew Hartle, TrusteelDirector The notes on pages 10 10 19 form part oflhese financial stalements

WORLD FEDERATION OF SOCIETIES OF ANAESTHESIOLOGISTS (UK) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2021 ACCOUNTING POLICIES la. Basis of preparation The financial statements have been prepared in accordance wilh Accounting and Reporting by Charities= Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102), (Charities SORP FRS 102), the Charities Act 2011 and the Companies Act 2006. World Federation of Societies of Anaesthesiologisls IUKI meets the definition of a public benefit entitiy under FRS102. Assels and liabilities are initially recognised at historical cost or transaction value unless othenmise stated in the relevant accounling policy notels). 1b. Preparation of the accounts on a going Concern basis World Federation of Societies of Anaesthesiologists IUKI has reported a deficit of £20,966 for the year. The Trustees consider that Ihere are no material uncertainties about Ihe charitable company's ability to continue as a going concern and to continue acquiring new conlracls. The charitable company has a memorandum of understanding with the US charity, World Federation of Societies of Anaesthesiologists, which provides support to the UK charitable company which is secure for the next 12 to 18 monlhs and beyond. The trustees are of Ihe view that the immediale future of Ihe charily is secure and that on this basis it is a goir)g concern. The Trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment lo the carrying amounts of assets and liabilities within the next reporting period. 10

WORLD FEDERATION OF SOCIETIES OF ANAESTHESIOLOGISTS (UK) NOTES TO THE ACCOUNTS (CONTINUED} FOR THE YEAR ENDED 31 DECEMBER 2021 ACCOUNTING POLICIES (CONTINUED) 1c. Income Income is recognised when the charity has entitlement lo the funds, any performan conditions attached to the item of income have been met, it is probable that the income will be received and the amount can be measured reliably. Donations are recorded in the period in which they are received or the charity becomes entilled to the income. Incorne from government and other grants, whether'capital, grants or'revenue, grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, il is probable that the income will be received and the amount can be measured reliably and is not deferred. Contractual income is recognised when the charily has entitlement to the funds, any performance conditions attached lo the income have been met, it is probable thal the income will be received and that the amount can be measured reliably. Income received in advance of a specified seNice is deferred until the criteria for income recognition are met. 1 d. Interest receivable Inlerest on funds held on deposit is included when re￿1vable and the amount can be measured reliably by the charity,. this is normally upon notification of the interest paid or payable by the bank. le. Gifts and services in kind Donated professional services and donated facilities are recognised as income when the charity has Gontrol over the item, any Conditions associated with the donated item have been met, the receipt of economic benefit from the use by ihe charity of Ihe ilem is probable and that economic benefit can be measured reliably. On receipi, donated professional services and facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay lo obtain servi￿$ or facilities of equivalent economic benefit on the open market- a corresponding amount is Ihen recognised in expenditure in the period of receipt. In the case of donated fixed assets, a designated fund is created reflecting the book value of the asset. which is then reduced over the useful economic life of the asset in line with its depreciation. In accordan￿ with the Charities SORP (FRS 102), general volunteer time is not recognised. 11

WORLD FEDERATION OF SOCIETIES OF ANAESTHESIOLOGISTS (UK) NOTES TO THE ACCOUNTS (CONTINUED} FOR THE YEAR ENDED 31 DECEMBER 2021 ACCOUNTING POLICIES (CONTINUED) 1f. Funds Restricted funds are given to the charity for purposes specified by the donor. They are expendable by the trustees in furtherance of those purposes within the charity objects.Expenditure which meets this criteria is charged to the fund. Unrestricted funds are donations and other income received or generated for charitable purposes and are expendable at Ihe discrelion of the trustees in furtherance of the objecls of the charity. Designated funds are unrestricted funds earmarked by the trustees for particular purposes. lg. Expenditure and irrecoverable VAT Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and that the amount of the obligation can be measured reliably. Resour￿$ expended include altributable VAT which cannot be recovered. Expenditure is classified under the following activity headings= Costs of raising funds relate to the costs incurred by the charitable company in inducing third parties to make voluntary contributions to it, as well as the cost of any activilies with a fundraising purpose to obtain funds Expenditure on charilable aclivities includes the costs associaled wilh main Ihe objects of the charily and include both the direct cost and support cost relating to these activities. Support costs are those costs incurred which are nol directly an output of the charitable activity. Project management (grant making) undertaken lo further the purposes oflhe charity and Iheir associated support costs. Grants payable are recognised in the SoFAwhen they are approved by the Trustees and the recipient has been informed. DO WE NEED THIS???? Governance costs are the costs associated with the governance arrangements of the charity. These costs are associated with constitutional and statutory requirements and include any cosls associaled with the strategic management of the charity s aclivities. Other expenditure represents those items not falling into any other heading. Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred. 12

WORLD FEDERATION OF SOCIETIES OF ANAESTHESIOLOGISTS {UK) NOTES TO THE ACCOUNTS (CONTINUED} FOR THE YEAR ENDED 31 DECEMBER 2021 ACCOUNTING POLICIES (CONTINUED) 1h. Allocation of support costs Resources expended are allocated to the particular activily where the cost relales directly to that activity. However, the cost of overall direction and administration of each activity, comprising the salary and overhead costs of the central function, is apportioned on the basis of project expenditure. Debtors Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at Ihe amount prepaid net of any trade discounts due. 1j. Cash at bank and in hand Cash at bank and cash in hand includes cash and short term highly liquid investments wilh a short maturity of three months or less from thè date of acquisition or opening of the deposil or similar account. 1k. Creditors and provisions Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds lo a third party and the amount due to seltle the obligalion can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due. 11. Forelgn currency Monelary assets and liabilities in foreign currencies are translated inlo sterfing al the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterting at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the nel movement of funds on the Slalement of Financial Activities. lm. Taxation The charitable company is exempl from tsxation under sections 466 to 493 of the Corporation TaxAct 2010. 13

WORLD FEDERATION OF SOCIETIES OF ANAESTHESIOLOGISTS (UK) NOTES TO THE ACCOUNTS (CONTINUED} FOR THE YEAR ENDED 31 DECEMBER 2021 INCOME FROM DONATIONS AND LEGACIES Unrestricted Restricte(J Funds Funds Total Unrestricted Res¢riGted 2021 Funds Funds Total 2020 Don?tion$ General 724 724 2,332 2.332 Sponsorship lex Johnson & Johnson re Obstetrics Anaesthesia Round tablel 10,000 10,000 F8llowships 18,440 18,440 8,079 8,079 Safe An8esthesi8 200 200 Palestine Anaesthesia Training Mission IPATMI 1,573 1,573 1,488 1.488 WCA Seholars 700 700 United for Oxygen IUFOI 22,236 22,236 istair Davies Memorial 62 62 Gifts in kind Igovernancel 395 395 10,724 £ 43,544£ 54,268 £ 2,332 £ 9,629 £ 11,961 Included in restricted donation is £7,589 of in kind support from WFSA. INCOME FROM CHARITABLE ACTIVITIES Unrestrlcted Restrlcted Funds Fund5 Total 2021 Total 2020 Total 2020 Total 2020 Contracts with Masimo- Sale Anaesthesia 16,726 16,726 36,119 36,IT9 Fiesenius Kabi- An8esthesi8 Innovation Awards 11,258 11.258 The Tropical Health Education Trust.. Support to National Society in Gambia Saving Mothers at Delivery Isomaliland & Myanmar) Saving Mothers at Delivery Isomaliland & Myanmar) 375 575 13,000 13,000 40,984 £ 40,984 £ 36,554 £ 36,554 14

WORLD FEDERATION OF SOCIETIES OF ANAESTHESIOLOGISTS (UK) NOTES TO THE ACCOUNTS (CONTINUED} FOR THE YEAR ENDED 31 DECEMBER 2021 COST OF GENERATING FUNDS Unrestricted Restricted Funds Funds Total 2021 Total 2020 Online pla￿Orn processing fees 22 481 503 479 £ 22 £ 481 £ 503 £ 479 CHARITABLE ACTIVITIES Unrestricted Restricted Funds Funds Total Unrestricted RestriGted 2021 Funds Funds Total 2020 Fund a Co118ague's Education IFACEI 28,904 28,904 370 583 Palestine Anaesthesia Training Mission IPATMI Safe Anaesthesia Support to National Society in Garnbia Alistair Davies Memorial United for Oxygen WCA Scholais Sundry support costs- safe guarding, memberships and bank charges Governanoe costs 1,861 16.926 1,861 16,926 579 59,030 59.549 13 375 388 63 22,017 700 63 22,017 700 474 474 1,723 395 2,118 1,063 1.063 £ 2,197 £ 70,866£ 73,063 £ 1,608 £ 59,775£ 61.383 In ord81 to advanc8 Its purpos8 th8 charity support8d proi8Cts during the year las d8scrib8d more fully in the Trustees Report) by rnaking payments to its partner organisation, World Federation of Societies ol Anaesthesiologists IWFSAI as described in note 14. GOVERNANCE COSTS Unrestricted Restricted Funds Funds Total 2021 Total 2020 In kind governance support Independent examiner's fees Companies House fees 395 395 1,710 13 1.710 13 1,050 13 £ 1,723 £ 395 £ 2,118 £ 1,063 15

WORLD FEDERATION OF SOCIETIES OF ANAESTHESIOLOGISTS {UK) NOTES TO THE ACCOUNTS (CONTINUED} FOR THE YEAR ENDED 31 DECEMBER 2021 DEBTORS 2021 2020 Debtors Other debtors (rent deposit) Accrued income 6.605 2,475 3,000 2,220 2,475 £ 12,080 £ 4,695 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2021 2020 Accruals and deferred income 1,649 913 £ 1.649 £ 973 ANALYSIS OF NET ASSETS BETWEEN FUNDS Unrestricted Restricted Funds Funds Total 2021 Fund Balances at 31 December 2021 are represented by Current assets Current liabilities 10,494 {1,649} 37,955 48,449 (1,6491 Total Net Assets £ 8.845 £ 37,955 £ 46,800 Fund Balances at 31 December 2020 are represented by Current assets Current liabilities 1,966 (973) 24,781 26,747 (913) 1,053 £ 24,781 £ 25,834 16

WORLD FEDERATION OF SOCIETIES OF ANAESTHESIOLOGISTS (UK) NOTES TO THE ACCOUNTS (CONTINUED} FOR THE YEAR ENDED 31 DECEMBER 2021 10. NET INCOMEI{EXPENDITURE) 2021 2020 Net inGomel{expenditure) is stated after charging= Independent examiner's fees current year- accounts preparation current year- independent examination underprovision for previous years 450 1.200 60 1.050 11. EMPLOYMENT COSTS Key management personnel are the trustees and secretary of the charity. The charity does not employ any slaff. The trustees along with the secreiary and WFSA staff take part in the day to day running and management of the charity- The secretary of WFSA {UK) also acts as Chief Executive Officer ICEOI of WFSA. WFSA ourrently provides staff and admin support to WFSA {UKI. There is no charge for this as it is believed to be minimal however this will be reviewed annually. 12. TRUSTEES EXPENSES The trustees were not paid or received any other benefits from employment with the charity in the year12020.' £Nill. No trustee received payment for professional or other services supplied to the charity (2020.. £Nil). No trustee re￿1Ve￿ payment or reimbursemenl of Iravel and subsistence costs incurred by them relating to attendance at meetings of the trustees. 13. LEASE COMMITMENTS In November 2018 the charitable company entered into a lease on an office in Horseferry Road, London. The lease is being renewed for a further two years from 29 September 2022. The rent due under the lease is £9,900 per annum and the US charity WFSA has indemnified WFSA-UK in respect ofthe rent payments and commitments under the lease. 17

WORLD FEDERATION OF SOCIETIES OF ANAESTHESIOLOGISTS (UK) NOTES TO THE ACCOUNTS (CONTINUED} FOR THE YEAR ENDED 31 DECEMBER 2021 14. RELATED PARTIES AND TRANSACTIONS WFSA (UK} is related to the World Federation of Societies of Anaesthesiologists (WFSAI, based at Dean Bradley House, 52 Horseferry Road, London SW1 P 2AF, a charity registered in the US (registration number EIN 13-3211128) and the Dutch Chamber of Commerce {registration number 34318914) with the same objects as WFSA (UK). WFSA (UK} has an independent Board ofTrustees to WFSA, its US based partner non-profit organisation. As required by its constitution, WFSA {UKI has three common trustees. Meetings and business of both organisations are conducled separately and decisions are taken by the trustees of WFSA (UK) so as not be detrimental to the interest of WFSA (UK). Although there are no written agreements in place, WFSAstaff and trustees are aware of liabilities and responsibilities for delivering ihe projects specified by WFSA (UK) trustees and grant funders. During the year ended 31 December 2021, the WFSA IUKI made the following payments to the WFSA for.. Safe Anaeslhesia £16,716 (2020.. £59,030) Fellowships £22,759 (2019.. £3701 Support for National Society in Gambia £Nil12020'. £3751 Palestine Anaesthesia Teaching Mission £1,48812020: £Nill WCA Scholars £65412020: £Nill • UFO £27212020.. £Nill Alislair Davis Memorial £63 {2020'. £Nil) The trusteee Prof. Adrian Gelb is a consultant to Masimo Inc, a company which contracted World Federation of Societies of Anaesthesiologists IUKI to deliver the Safe Anaeslhesia project. In his position as consultanl he is unable to Influen￿ the decision of Masimo Inc regarding the awarding of contracts. During the year ended 31 December 2021, the WFSA IUKI received the following donations (net of fees).. Treasurer, Andrew Hartle £113 (2020= £1131 Secretary, Paul Wyatt Julian Gore-Boolh £105 {2020.' £1081 18

WORLD FEDERATION OF SOCIETIES OF ANAESTHESIOLOGISTS {UK) NOTES TO THE ACCOUNTS (CONTINUED} FOR THE YEAR ENDED 31 DECEMBER 2021 15. MOVEMENT IN FUNDS 2021 111121 Incomg Expgnditurg Transfgr 31112121 Restricted Funds Fund a Colleague's Education IFACEI Ifomedy Fellowships) 22,759 18,440 129,2131 11,986 Safe Anaeslhesia 472 16.926 116.9261 472 Palestine Anaesthesia Training Mission IPATMI 1,488 1,573 {1,8611 1.200 Alistair Davies Memorial 62 {621 Anaesthesia Innovation Awards 11.258 {71 11,251 Uniting for Oxygen IUFOI 22,236 122,1901 46 WCA Scholars 700 1700) Saving Mothers at Delivery Isomaliland & Myanmar) 13,000 13,000 GovernanTr lin kindl 395 13951 24,781 84.528 171.3541 37,955 Unrestricted funds General funds 1,053 10,802 {3.0101 8,845 £ 25,834 £ 95,330 £ 174.3641 £ - £ 46.800 2020 1/1120 Income Expenditure Transfer 31112/20 Restricted Funds Fellowships 15,050 8.079 (370) 22. 759 Safe Anaeslhesia 23,069 36,179 (58, 776) 472 Palestine Anaesthesia Training Mission (PA TM) 1,488 7,488 Support to National Society in Gambia 375 (375) Alistair Davies Memorial 62 62 63.953 141,513 (133,885) 71,581 Unrgstrictsd fvnds General funds 3,721 2,332 (5,000) 1.053 67,674 143,845 (738,885) 12,634 19

WORLD FEDERATION OF SOCIETIES OF ANAESTHESIOLOGISTS {UK) NOTES TO THE ACCOUNTS (CONTINUED} FOR THE YEAR ENDED 31 DECEMBER 2021 15. MOVEMENT IN FUNDS ICONTINUEDI Purposes of restricted funds Fund a Colleague's Educatlon (FACE) WFSA {UKI offers fellowships and grants for young anaeslhesiologists and delivers training COLJrses to strengthen the global capacity for safe anaesthesia and pain management. WFSA {UKI works with its partner organisalion, WFSA, on the following.. Safe Anaesthesla project Assess and strengthen anaesthesia capacity in the state of Telangana, India in order lo scale up anaeslhesia provision at a national level. Anaesthesia Innovation Awards Identify and support the development of innovations that have the potential to transform the field of anaesthesia and improve patient safety woddwide. Unlted for Oxygen (UFO} Providing medical equipment to aid hospitals in Nigeria. Zimbabwe. elc. 20