WFSA(UK)
WORLD FEDERATION OF SOCIETIES OF
ANAESTHESIOLOGISTS
Trustees, Report and
Financial Statements
2023
Registered Charity Number 1166545
Company Limited by Guarantee
Registered Number 09312117
(England & Wales)

Worfd Federation of SO¢￿Iles of Amaesthewlogi%ts IUKI
Annual Report and Financi81 Sts18m8nts
Year ended 31 December 2023
Contents page
Contents p¢ige
Reference ondAdmlnlstrntlvedetolls
Strurturei governonce ondmonagement
Trustees'Report ondActivi
Iteview
Independent Examiners
epK)rt
StotementolFlnoncla15tt7tements
li
8olanceSheet
12
13.11
Notes to the Flnonclalstotement
15-21

Worfd Federation of SocEties OfAnaesthesi￿Jg1$ts IUKI
Annual Report and Finan￿81 Statements
Year ended 31 December 2023
Reference and Administrative details
e8lstered charlty number 1166545
Company Umfttd by Guarantee Reglstered Number 09312117
Registered Office
57 Queen Anne Street
London WIG 9JR
bankers
Natlonal Westminster Bank PIC
Cavell House, 23 Charing Cross Road
London WC2H OPO
Independent Examiner
Chaweevan Willièms FCCA
Verdanr Accountant Limired
20-22 Wenlock Road, London, Nl 7GU
Trusiees
Or Waynè Morrlss, Chair
Prol. Andrew Hartle. Treasurer
Dr Kathleen Ferguson
Prof. Adrian Gelb
Dr Emma Lillie
Or Jolene Moore (until 30 Sep 20231
Or Clare Roques (from 10 July 20231
Company Secrètary
Kristine Stave

Worfd Federation of Socielies of Amaesthewlogists IUKI
Annual Report and Financi81 Sts18m8nts
Year ended 31 December 2023
Structure, governance and management
The charity Is a company limited by guarantee Ire8lstered in England and Wales number 093121171
and has no share capital. The liability of each mernber in the event of winding up is limited to £1. Its
registered address is $7 Queen Anne Street. London. WIG 9JR.
As per its Articles of Association. the World Federation of Societies of Anaesthesiologists IUKI IWFSA
IUKII is governed by a Board of Directors who are also Trustees as per the Charities Act 2011. Day-to-
day management is provided by rhe Company Secretary.
At the end of the perlod, four olthesix directors were based in the UK wilh the other Trustees holding
positions on the World Federation of Societies of Anaesthesiolo8iSts IWFSAI as per the Articles of
Association Clause 27. 3-S..
27-131 At least one director must be a UK resident.
27-141 Three directors would usually be serving members of the 8oard of the WFSA and the
President of the WFSA would usually also serve as the President of the WFSA IUKI.
27-151 Subject to the member5, discretion. at least one dirertor shall be a non-anae5thetist.
Induction and Training
All new Trustees are briefed by the Secretary and receive information about the structure,
governance, and activities of the WFSA IUKI. All Trustees receive a copy of the Articles of Association,
alongside a briefin8 document about their responsibilities as Trustees and useful links to the Charity
Commission website. Trustees also receive documeniation and contextual bfiefin8 on the 8lobal crisis
in anaesthesia and sur8ery.

Worfd Federation of Socielies of Amaesthewlogi%ts IUKI
Annual Report and Financi81 Sts18m8nts
Year ended 31 December 2023
Trustees, Report and Activity Review
Objertives and artivities
The object of the WFSA IUKI as set in the Articles of Association, is..
To presetve and protect the health of patients through ensuring they receive and have access to safe
anaesthesla worldwide by educating and iraining anaesthesia providers, disseminating internatlonal
standards and supporting innovation and research in anaesthesiology for the benefit of the public.
Public benefit
The WFSA IUKI provides public benefit byeilucaiin8 and training anaesthesia providers, disseminating
international standards and 5UPPOrtin8 innovation and research in anaesthe5101ogy. The Trustee5
confirrn they have complied with the guidance contained in the Charity Commission's general
guidance on public benefit in section 4 of the Charities Art 2011 when reviewing the Charity's airns
and objettives.
Who we are.
The WFSA IUKI 15 led by a team of volunteer anaesthesiologists together with other volunteer5 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 8lobal activities of the World Federation of Societies of
Anaesthesiolo8lSts IWFSAI and to bring UK expertise, volunteers, and financial resources to bear on
the global Crisis of unsafe anaesihesia and surgery.
Achievements and performance
The charlty seeks to support the WFSA in its work to address the fact that five billion people lof
global population of lust over seven billion) do not have access to safe, alfordable anaesthesia and
SUf8ery.
A new strategy for the charity was launched in 2023 which tan be actessed at htt
wfsah
content
loads
WF
trare
b. df. This confirmed three core strategic priorities for the
harity as follows..
l. Supportin8 educational efforts within anaesthesia and cntical care in low-resource settin8S.
2. Advancing public knowledge about the important role of anaesthesia and critical care within
global health.
3. Working with other oiganisations to improve the safety and quality of anaesthesia and critical
tare.
The charity supported several key projerts during 2023 as outlined bel¢)w.
Partnershlp wlth the Tropkal Health Educatlon Trust (THEn
8uildin8 on our collaboration with THET in Sotnaliland and Myanmar in 2022. we expanded our work
to deliver training prograrnme5 in both countries. While the training and modalitie5 for each country
were different, both project5 focused on obstetric care.
In Somaliland, we delNered a Sofer Anoesthe5io from Education ISAFEI Obstetrics course for 22
anaesthesia professionals and a Safe Operatin8 R¢)om course (with support from the Lifebox
Fovndationl training 31 clinicians lanaesthesia professionals. surgeonsand nurses and midwives). The

Worfd Federation of Socielies of Amaesthewlogi%ts IUKI
Annual Report and Financi81 Sts18m8nts
Year ended 31 December 2023
courses were complemented by the SAFE Training of Trainers course which build capacity by training
an additional 15 SAFE trainers.
As the ongoing political Situation in Myanmar limits the feasibility of ift-person training. our work
centred on delivering another SAFE Online- Obstetrics course to 15 anaesthesiologists via our SAFE
Online platform. Participants began the course towards the end of 2022 and completed this in June
2023.
Fund a Colleague's Education
The charity supported the phased restart of the WFSA Fellowship Programme in 2023, now operating
21 Fellowship Programmes across Asia, Africa, Europe, and Latin America. Collectively, these
pro8rammes trained 31 anaesthesio108ists from 18 countries in a variety of sub-speciality areas. A full
Iisi Ss Sncluded below=
l. Pain Management- Hyderabad. India
2. Paedi3tric Anaesthesia- Vellore. India
3. Intensive Care- Vellore. India
4. fiegional Anaesthesia- Coimbatore, India
S. Thoracic Anaesthesia- New Delhi, India
6. Paediatric Regional Anaesthesia- Mumbai. Indla
7. General Anaesthesia- Bangkok. Thailand
8. Paèdiètrit Anaesthesia- Bangkok. Thailand
9. Pain Management- Bangkok. Thailand
10. Neuro- Anaesthesia- 8angkok. Thailand
11. Paediatric Anaesthesia- Nairobi. Kenya
12. Paediairic Anaesthesia- Abuja, Ni8eria
13. Paedlatrlc Anaesthesla- Kampala, U8anda
14. Paediatric Anaesthesia- Lusaka. Zambia
15. Regional Anaesthesia- Kumasi. Ghana
16. Obstetric Anaesthèsia- Port Harcourt, Nigeria
17. Obstetric Anaesthesia- Marrakech, Morocco
18. Paediatric Anaesthesia- Marrakech. Moroc
19. Pain Mana8ement- 8otocatu, 8razil
20. Paediatric Anaesthesia- Zenica, Bosnia and Herze8ovin
21. Paediatric Anaesthesia- Belgrade. Serbia
Llbtrla AnaÈsthè5ia Capaclty Dtvelopmtnt
The WFSA workforce survey showed that acr055 Africa only fwe countrie5 had a Physician Anaesthesia
Provider density greater than I per ICKI,COJ population. The minimurn recommended number 15 4 per
i(XJ.(X)O population. The problem is particularly acute in Liberia which has a population ol over 5
million but has never had a Physician Anaesthesia Provider of Liberian origin working in the country.
Instead. provision of anaesthesia has been wholly ￿lIant on ihe efforts of approximately 80
anae5thetic nurses. We know that physician 3naesthe5ia provider5 play a key role in developing the
knowledge and skills of non-physician providers and provide crucial support for particularly difficult
ca5e5, and the charity is therefore working to support the creation of a cadre of Liberian PhysiciaTh
Anaesthesia Provider5. This work has been ongoingsince 2018 and aims to support Liberian physicians
to complete the West African College of Sur8eons IWACSI Diploma in Anaesthesia through training in
Nigeria. During 2023 we continued to support Dr Jason Bleah to complete his Diploma in Anaesthesia
with the West African Colle8e of Surgeons IWACSI and Dr Kephe lig Miame to progress to his WACS
Fellowship Trainin8.

Worfd Federation of Socielies of Amaesthewlogi%ts IUKI
Annual Report and Financi81 Sts18m8nts
Year ended 31 December 2023
WFSA- Fresenius Kabi Innovation Awards
Following successfLJI delivery of the WFSA-Fresenius Kabi Innovation Awards at the 2021 virtual World
Congress of AnaesthesioloRists. during 2022 funding was secured for a further round of the Award.
Three awards from a total of 25 applications were made in early 2023 within the categories of
'Environmental / Eco-friendly anaesthesia- Innovation5 that promote the WFSA Consensus principles
of envlronrnenta1￿ su51ainable aThaesthesia' and 'Safer Medication Managernent - Innovations that
irnprove the efficiency and safety of medication management,.
The awardees were..
Dr Karen N3nji- Global PRoMiSe.' Perioperative Recommendations for Medication Safety
Dr Poh Pie Kie- Reducing Healthcare Waste Burden by Repurposing Used Syringes into Bitumen
Dr Alan Tung- poseTIVA IPrartical Open-source Ecological TIVAI Toolkit
Awardees have used the award funding to develop their respective innovations which will be
presented at the 18th World Con8ress of Anaesthesioio8ists in Singapore in March 2024.
Per5operat6ve Pallent Blood Management IP-PBMI
In 2023, the charity 5UPPOrted a new WFSA initiative and partnership with CSL-Vifor which focused on
Perioperative Patient 81ood Management. Work centred on developing two new short tr3ining
courses in a similar forniai to WE and other successful WFSA training courses. This was
complemented by several activities aimin8 to raise awareness about patient blood managernent
includin8 8alnin8 the commitment 0165 WFSA Member Societies, Re8ional Sections and Professional
Organisations via the Santa Crui Oeclaiaiion: a Global PBM Consensus. Globallv
Plans for 2024
We wlll contlnue our collaboration with ihe WFSA for the benefft of patients worldwide through our
global anaesthesia capacity-buildin8 and stren8thenin8 projects. This will Include work on the Liberia
Anaesthesia Development Capacity Building Pro8ramme which we hope to expand to enable more
phy5ician5 to train and complete the Diploma in Anaesthesia certification and from there pursue more
advanced qualification5.
During 2024 we will continue to work closely with the WFSA and other partners on the fundin8 and
delivery of SAFE trainin8 courses worldwide, as well as on revitalisin8 ihe delivery of Fellowship
pro8rammes.
We also expect to work with the WF5A to implernefit the new trainin8 On Perioperative Patient Blood
ManaBement. taking a patient-centred, 5Y5tematic and evidence-ba5ed approach to improve
outcornes by rnanaging and preserving the patienys own blood, while promoting patient Safety and
empowerment.
Financial review
The WFSA IUKI generated income of £81.897 12022.. £105.$091 over ihe course of the ye3r. Total
expenditure was £94,85512022.. £97,2151. The totsl reserves at the end of ihe year were £53,345
12022.. £56,170] of which £41,12012022.. E51,9401 was restricted.
The Charity SUPPOrted these projects by making contributions to rts partnei organi5ation, thp World
Federation of Societie5 of Anaesthesioltsgists IWFSAI. a non-profit organi5ation registered in the USA
(registration number EIN 13-32111281 with the Same objects. A collaboration agreement 15 in place

Worfd Federation of Socielies of Amaesthewlogi%ts IUKI
Annual Report and Financi81 Sts18m8nts
Year ended 31 December 2023
tween the partners, and WFSA staff and Trustees are aware of their liabilities and responsibilities
in delivering the projetts as specified by WFSA IUKI Trusiees and grant funders.
Our approach to risk
The Board of WF5A IUKI reviews the or8anisation's risk re8iSterat least annually. Each risk is analysed
in terms of likelihood and impart,. and mitigatory steps included to manage this.
Reserves poliry
The Trustees recognise that the level of unrestricted reserves of the charity is low but point out that
the charity has virtually Zero runnin8 Costs and is supported entirely by volunteers. Its partner
organisation, WFSA, has agreed to support the charity to ensure it remains a goinR concern. The
Charity aims to maintain E12,320 in ￿ServeS, sufficieni for the winding-up of the organisation and
three months. operatlonal tosis.
Going concern
The Trustees have ensured that the WF&4 IUKI Is a 8oin8 concern thanks to a commltment from our
partneror8anisation, the WFSA, for ongoing supportof the Charity's operations. Fundin8 Was thisyear
setured from Fresenius Kabi Ilnnovation Awardsl. CSL Vilor IPatient Blood Management) and several
smaller indivldual donors.
The WFSA IUKI 15 an independent charity allied to the WFSA. and 50rne resources are shared between
the two organisatioTrs. notably staff and office space. The runnin8 Costs of WFSA IUKI are minimal and
therefore the financial risk to the or8anisation continues to be low.

Worfd Federation of Socielies of Amaesthewlogi%ts IUKI
Annual Report and Financi81 Sts18m8nts
Year ended 31 December 2023
Trustees, Report and Strategic Review (continued)
Statement of Trustees, responsibilities
The Trustees Iwho are also Directors of WFSA IUKII for the purpose of company lawl are responsible
for preparing the Trustees, Annual RekN)rt and the financial statements in accordance with applicable
law and United Kingdom accounting standards IUK Genernlly Accepted Accounting Practice).
Company law required Tru5tee5 to prepare financial statements for each financial year, which give
true and fair view of the 51tuation of the charitable company and of the incorning resources and
application of re50urce5. including the income and expenditure ol the charitable company for that
period. In preparing these financial statements. the Trustees are required to..
Select suitable accounting policies and apply them consistentlv.
Observe the methods and principles in the Charity Statement of Recommend Practice ISORPI
Make judgments and accountin8 estimates that are reasonable and prudent.
State whetherapplicable UKAccountin8 Standards have been followed subjert to any material
departures disclosed and explained in the financial statements and
Prepare the financial statement on the goin8 concern basis unless it is inappropriate to
presume that the charitable company will continue in business.
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 Companiè5 Act 2006. They are also responsible ltsr
safeguarding the as5et5 of the charitable company and hence for taking reasonable steps for the
prevention and direction of fraud and other irregularities.
Small Com
Provisions
This report has been prepared in accordance with the special provisions for small companles under
Part 15 of the CompanSes Act 2LN%.
Inde
endent examiner
Chaweevan William5 FCCA of Verdant Accountant5 Ltd was appjinted as WFSA IUKI independent
examiner in 2022.
The Tru5tees' report was approved by the Trustees on -.
behalf by
and signed on their
Prof. Andrew Hartle
Treasurer
DATE.. 07 June 2024

World Federation of Societies of Anaeslhesiologists IUKI
Annual Report and FinanGial Statements
Year ènded 31 December 2023
Independent Examinerfs Report to the Trustees of The World
Federation of Societies of Anaesthesiologists (UK)
I report on the accounts of the company for the year ended 31 Oecember 2023 which are set out on
pages 10 to 21.
Responslbllltles and basls of report
As the charity trustees of the company land its ￿1￿ctOrS for the purposes of Company lawl you are
responsible for the preparation of the accounts in accordance with the requirements of the
Companies Act 20061'the 2006 Act'l.
Having satisfi.ed myself that the accounts of the company are not required to be audited under Part
16 of the 2006 Act and are eligible lor independent examination, I report in re5pert of my
examination of your companls accounts as carried out under section 145 of the Charities Act 2011
I'the 2011 Act'l. In carryin8 Out my examination I hJve followed the Oirecfjons given by the Charity
Commission under section 14515llbl of the 2011 Act.
Independent examlner's statement
I have completed my examination. l confirm that no matters have come to my attention in
connection with the examination giving me cause to believe that in any material respect..
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 Att
other than any requirement that the accounts give a 'true and fair view, which 15 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 account5 in accordance with the Financial Reporknng Standard
applicable in the UK and Republic of Ireland IFRS 1021.
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 to enable a proper understanding of the account5 to
be reached.
Chaweevan Williams FCCA
Verdant Accountants Limited
Chartered Certified Accountants
20-22 Wenlock Road
London Nl 7GU
Date.. 10 June 2024
IOIPage

Worfd Federation of Souelies of AmaesthesioltyJists {UKI
Annual Report and Financial Stst8m8nts
Year ended 31 December 2023
Financial Statements
Statement of Financial Activities
Year ended 31 Decernber 2023
un￿51￿cled Restrfrted T(tsl Vnwestrirted
Restrlcted
Total
FU￿d9
Funds
2013
FuNd*
Furtds
1022
Iw)mEfrom.'
Donations and Legacies
701
1.261
12,528
13,789
Income Iromcharitswe
7L109
gi.720
91.720
In¥estme
Total
78MIO
81m7
1,261
104,248 IOS,509
Expendlture on..
Expenditureon Rai51ni Fund5
129
6AZ3
212
50.051
34L
96.874
SZZ5
Tot41 Exptndhur•
5.IZ5
89,630
6.952
90,263
97,21S
Net 4Komellewdltuvel
12.lJ81
(lo￿20￿ 112.9581
15.691
13,985
8,294
Forel8h exthart￿ ￿1￿/1￿)$$}
133
1076
1,076
Trénslers betw*n funds
Net fflovement In
7.995
IIOMIOI 12W51
14.6151
13,985
9.)70
Re¢•n¢lli*tlon olfynos
Tot•1 luhdsbou8htlorw•rd
4.2JO
51.940
8A45
37,955
46.800
Total lunds cattl*d lor*a
11.225
41,120
53.345
12.492
48,311
S6,170
The company made rbo recognised gains and losses othef ihan those reported in the income and
expenditurè account. All intome and expenditure derive from ttjntinuing activities.
11 IPage

Worfd Federation of SO¢￿Iles of Amaesthewlogists IUKI
Annual Report and Financi81 Sts18m8nts
Year ended 31 December 2023
The Notes on pages 12 to 21 form part of these financial statements
Balance Sheet
As at 31 December 2023
Company Registration.. 09312177
Totsl Funds Total Funds
2023
2022
Note
Current assets..
Debtors
Cash at 8ank and in hand
Total current a55etS
134.898
40,427
175,326
41.432
16,238
57,670
Credltors.. amounts fallln8 due within one year
1121,9801
11,5001
CURRENT ASSErs
53.345
56,170
NET ASSETS
53,a4S
56,170
RESERVES
Unrestricted funds
Restricted funds
12.225
41,120
4,230
51,940
TOTAL FUNDS
53,345
56,170
In approving these financial statements as trusteeldirectors of the charitable company we hereby
confirm that..
For the year endin8 31 Oecember 2023 the charltable company was entitled to exemptlon from the
audlt under section 477 01 the Companies Act relaiing to the small companies.
The Members have not required the charitablè company to obtain an audit of its accounts for the
year in question in accordance with section 476 of the Companie5 Act 2CQ6.
The Trustees acknowledge their responsibilities for complyinR Wlth the requirements of the Act with
respect to accounting records and for p￿paring financial statemenis.
These financial statements have been prepared in aceordance with the pmisions applicable to
companies subject to the small companies. ￿gIMe.
The financial statements were approved by the board of trustee5/director5 on and signed on its
behalf by..
Prof. Andrew Hartle
Trustee/Dirertor
Date..
07 June 2024
121Page

Worfd Federation of Socielies of Amaesthewlogi%ts IUKI
Annual Report and Financi81 Sts18m8nts
Year ended 31 December 2023
The Notes on pages 12 to 21 form part of these financial statements
Notes to Financial Statements
l. Accounting policies
Basis of preparation
The financial statements have been prepared on a RoinK concern basis and in accordance with
applicable Accounting Standards in ihe United Kin8dom, includin8 the Statement of Recommended
Practice- Accounting and Reporting by Charitie5 ISORPI, Financial Reporting Standard 102 IFRS 1021
and in accordance with the Companie5 Act 2CQ6 and Charities Act 2011. using applied accounting
policies.
Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise
stated in the relevant accounrin8 policy or note.
Public benefit entiry
The charitable company meets the deflnltlon of a public benefit entity under FRS 102.
Going contern
The Trustee5 consider ihat there are no material uncertaintie5 about the charitable company's abilitv
to continue as a going concern and to continue acquiring new contracts.
The Trustees do not consider that there are any sources of estimation uncertainty at the reporting
date that have a significant risk ol causin8 a material adjustment to the carryin8 amounts of assets
and liabilities within the next reportin8 peri¢)d.
Income
Reco8nilion of income takes pla£e in accordance with applicable accountin8 policies and results are
presented I￿ accordance with SORP & FRS 102. All incomin8 resources are included in the Staternent
ol Financial Activities ISOFAI when it is probable that the income will be received and that the amount
can be measured reliably.
Grants and donations are recorded in the period in which they are received, or the Charity is entitled
to the Income. Any donations tied to a particular purpose are credited to restricted reserve.
Incorne frorn revenue grants a￿d other grants are credited to the Statement of Financial Activities
when received or recewable. Where unconditional entitlernent to 8rant5 r￿e1Vable 15 dependent on
fulfilment of conditions within the CharitV'5 control. the incoming resources are recognised wheTh
there is sufficient evidence that conditions will be met. It is probable that the incorne will be received,
and the amount can be measured reliably and is not deferred.
Contrartual income is reco£nised when the charity has entitlement to the fvnds, any performance
conditions attached to the income have been met. it is probable that the income will be received and
that the amount can be measured reliabty.
Incorne received in advance of the provision of a specified Se￿1￿ 15 deferred until the criteria for
income recognition are met.
131Page

Worfd Federation of Socielies of Amaesthewlogi%ts IUKI
Annual Report and Financi81 Sts18m8nts
Year ended 31 December 2023
Notes to Financial Statements (continued)
Gifts and services in kind
Donated professional services and donated facilities a￿ recognised as income when the charity has
control over ihe item or received the service, any conditions associated with the donation have been
met, the receipt of economic benefrt Irom the use by the charity of the item 15 probable and that
economic benefit can be rneasured reliably. In the case ol donated fixed assets. a designated fund is
created reflecting the book value of the asset. which is then reduced over ihe useful economic life of
the asset in line with its depreciation.
On receipt. donated gifts. professional services and donated facilities are recoRnised based on the
value of the £ift to ihe charity which is the amouni thechari¢y would have been willing to pay to obtain
servlces or facilities of equiyaleni economic benefit on ihe open market; a correspondln8 amount Is
then retognised in expenditure in the period of receipt.
The value of services provided by volunteers has not been included in the Statement of Flnanclal
Activitie5.
Interest receivable
Interest on funds held on deposit is included when receivable and the amount can be measured
reliably by the chariiy,. rhis is normally upon noiificaiion of rhe interest paid or payable by the bank.
Fund accounting.
Restrltted funds are to be used for speclfic purposes as lald tlown by the donor. Expendlture whlch
meets these crlterla Is charged to the lund.
Unrestrlcted general funds are donations and other incoming resources received or generated for the
charitable purposes. The General Fund must provide for the net deficit of any activities that have
inadequate income of their own and for the 8eneral administration of the Charity.
Designated funds afe vnresifirted funds eamarked by ihe trustees for significant purposes.
Expenditure and irrecoverable VAT
Expenditure is recognised once there is a le8al 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. Resources expended include artributable VAT which cannot be recovered.
Expenditure is classified under the followin8 activity headings..
Costs of raising funds relate to the costs iThcurred by the charitable company in inducin8 third
parties to make voluntary contributions to it, as well as the cost of any artivities with a
fundraising purpose to obtain funds.
Expenditure on charitable activities includes the costs associaied with main the objects of the
charity and include both the direct cosi and support cost relating to these activities.
Project mana8ement18rant makiTh81 undertaken to fvrther the purposes ol the charity and
their associated 5UPPOrt C05t5. Grants payables are recognised in the SOFA when they are
approved by the Trustees and the recipient has been informed.
Support COSt5 are those costs incurred which are not directly an output of the charitable
activity.
Governance c05t5 are the costs associated with the governance arrangement5 of the charity.
These costs are associated with constitutional and ststutory requirements and include anv
costs associated with the strategic management of the charitls activities.
141Page

Worfd Federation of Socielies of Amaesthewlogi%ts IUKI
Annual Report and Financi81 Sts18m8nts
Year ended 31 December 2023
Notes to Financial Statements (continued)
Allocation of support costs
Resources expended are allocated to ihe auivity Whe￿ the cost rela￿ directly to that activity.
However, the cost of overall direction and administration of each activity, comprisin8 the salary and
overhead costs of the central function. is apportioned based on project expenditure.
Debtor5
Trade and other debtors are recogni5ed at the settlement amount due after any trade discount
offered. Prepayment5 are valued at the amount prepaid net of any trade discounts due.
Cash at bank and in hand
Cash at bank and cash in hand includes cash and short term highly liquid investments with a short
maturity of three months or less from the date of acquisition or opening of the deposit or similar
account. Cash balances e¥clude any funds held on behalf of seivice users.
Creditors and provisions
Creditors and provisSons are recognSsed where the charity has a p￿sent obll8atlon resultSng from
past event that will probably result in the transfer of funds to a third party and the amount due to
settle the obligation can be measured or estimated reliably. Creditor5 and provislons are normally
recognised at their settlement amount after allowing lor any trade diKounts due.
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial
instruments. 8asic financial instruments are ini11al￿ reco8nised ai transaction value and subsequently
measured ai their settlement value e¥£ept for bank loans whlch are Subsequently measured at
amortised cost using the effective interest method.
Foreign currency transactions
Monetary asset5 aThd liabilities in foreiBn turrenties are translated into sterling at thè rates of
exchange ruling at the balance sheet date. TranSaCt￿nS in foreign currencie5 are translated into
sterling at the rates of exchange rulin8 at the date of the transaction. Exchan8e dillerences are
considered in arrivin8 at the operatin8 profil.
151Page

Worfd Federation of SO¢￿Iles of Amaesthewlogi%ts IUKI
Annual Report and Financi81 Sts18m8nts
Year ended 31 December 2023
Notes to Financial Statements (continued)
INCOME FROM OONATIONS AND LEGACIES
Total UnrÈstrftted RestYktÈd
2023
Fuhds
Funds
TotAI
Fuhds
Funds
2022
Donatlon:
General
Sponsorshlp lex. Johnson &
Johnson re Ob5retrKS
Anaesthesla Round tat4el
3.￿7
3,￿7
1.261
1,261
Fellowships
11,273
11,273
Sale Ambesihela
PalestIneAnaeSth￿la
Triinini Mission IPATMI
12
1.2
L.200
VAST
Unlled lor Oiygen IUFOI
55
ss
Glft in Klnd IGo¥ernantel
Tot41
3.017
6.701
9.7
1.261
12,528
13.789
INCOME FROM OONATIONS AND LIGACIIS
u￿￿%1rkt￿d R•strkt¢d
Fvhds
Fwhds
Tat•l
Mst*lrt•d R•strfct*d
Fynds
Fyrt4s
2022
Contwxl v4Rh..
Masimo- 5aleAnae5thesia
19,095
19,095
Fr*sÈnlus Kabl-Anèesthesi•
InDOVatlon Awards
63.625
63.625
The Tropital Hèalth
EdLKat10nTrust ITHETI
¥199
32,199
Vwor
YJ.616
39h16
- kviD8 Mother at delivery
(Somaliland & Myanmar)
9,000
T•t•l
71109
72,1(VJ
91.720
91.720
161Page

Worfd Federation of Socielies of kna&$th￿￿o9L%ts {UKI
Annual Report and Financi81 Stgt8m8nts
Year ended 31 December 2023
COST OF GENERATING FUNDS
T*xal Unre5trirted Rethrted
iozj
FuDd5
Funds
Totsl
202Z
Fund5
Online platform prot￿Ing
fees
IZ9
212
341
129
212
341
CHARITABLE ACTIVITIESCOSTS
Fvnds
Fynd5
F￿￿5
Funds
2022
Fund a Colleaiue tdutatlon
67
67
28.LN)2
28.002
PalestineAnaesthe5Iè
TralrtlhK M15$1on IPATMI
i.ODD
M•simo->l¢ A￿¢S¢h*S
19,092
19,092
Fresenlu5
28,273
28Jn
31,952
32,952
THET-Sèvin8 Mothw$ li
9.000
Myanmar)
31.122 31222
Llberlln Dottor
Unlttd l¢r Oxy8en IUFOI
WCA Schola
Sundrysupwrt tost-
saft8u¥rdin8 membetships
and bank char8È5
Goverhante costs
5.323
5.323
1.500
5225
89,6>J
94W5
823
90,051
96,874
To advance its purpose. the charitysupported projeas during rhe year las descnbed more fully in the Trustees.
Reportl by making payments ro its partner organisaiien. World Federation ol Soueiies of Anaesthesiologisrs
IWF5AI as des£ribed In nore 14.
171Page

Worfd Federation of Socielies of kna&$th￿￿O9ists {UKI
Annual Report and Financi81 Stgt8m8nts
Year ended 31 December 2023
GOVERNANCE COSTS
Totsl
2022
FuwJ5
202J
Fund5
FuDd5
In kjnd 8overnaKe support
Independent examinerfslEes
1.620
i.SDD
C¢mFanles Haysefees
1.500
7. DEBTORS
2023
2022
Trade Debtors
13Z,423
36.079
Other debtors (rent deposltl
475
2,475
kcNed income adjustment
2,878
134.898
41.432
CREDITORS
2023
2022
Amount falling due within one year:
cruals and defer￿d Income
121,980
121,980
181Page

Worfd Federation of SO¢￿Iles of AmaeStheS¥￿Og1$ts IUKI
Annual Report and Financi81 Sts18m8nts
Year ended 31 December 2023
ANALYSIS OF NET ASSETS BETWEE N FUNDS
Re5trirted
FuDd5
Totsl
FuThts
zoz3
Fund5 BalaTh￿ asof 31 DeL 1013 are
r+pr*sèhtsd b¥..
Curr¢ntA55•ts
40.417
194
175.325
I￿1,9$0)
T4)to1 NÈtA&%èts
111,5531
la4m8
53.345
Unrestricted
Restiirted
hds
2022
Fubth Balanced 4s9131 D¢¢ 21 a
cUtr•niA￿•ls
16.238
41.432
57.670
Cuffent Uabllftl•s
11.5th)1
Tlxal N¢t Ass•ts
14.7)8
41A32
56.170
10. NET INCOME IEXPENorruREI
Net Incomelexpenditure Is stated after char8in8'.
2022
Independent examine¢s fees
Current year-accounrs preparation
Current year-IndependeTht examinatlon
1,020
Under provlslon for previous year
11. EMPLOYMENT COSTS
Key management personnel are ihe trustee5 and secretary of the charity. The charity does not
employ any staff. The trustees along with the secretary and WFSA staff take part in the day to dav
running and rnanagement of the charity.
The secretary of WFSA IUKI also act as Chief Executive Officer ICEOI of WFSA, WFSA currentlv
provides staft and admin support to WFSA IUKI. The￿ is no charBe for this as it is believed to be
minimal however this will be reviewed annually.
191Page

Worfd Federation of SO¢￿Iles of AmaeStheS¥￿Og1$ts IUKI
Annual Report and Financi81 Sts18m8nts
Year ended 31 December 2023
12. TRUSTEES EXPENSES
The trustees were not paid or received èny other benefits from employment with the charity in
the year12022.. £Nill. No trustee recewed payment for professional or their services supplied to
the charity12022.. £Nill. No trustee received payment or reimbursement of travel and sub515tence
cost incurred by them relatingto attendance at meeting5 of the trustees.
13. LEASE COMMITMENTS
In November 2018 Ihe charitable company entered a lease on an office in Horseferry Road
London. The lease was renewed for another two year5 Irorn 29 September 2022. The rent due
under the lease is £9,0(KJ per annum and US charity WFSA has indemnified WFSA-UK in respect of
the rent payments and commitments under the lease.
14. RELATED PARTIES ANDTRANSACTIOMS
WFSA IUKI is related to the World Federation of Societie5 of Anae5the5iologi5t IWFSAI. based at
Deans Bradley House, 52 Hor5eferry Road London SWI 2AF. a registered firm in the US
Iregi5tration number EIN13-32111281 and the Dutch Chamber of Commerce (registration number
343189141 wilh the same objects as WFSA IUKI.
WFSA IUKI has an independent Board of Trustees to WFSA, its US based partner non-profit
organisaiion. As requi￿￿ by its constilution, WFSA IUKI has three common trusiees. Meetings
and business ol both organisations are conducied separatety, and decisions are taken by the
trustee5 of WFSA IUKI 50 as not to be detrimental to the interest ol WFSA IUKI. A written
collaboration agreernent 15 in place, WFSA staff and trustees are aware of liabilities and
responsibilities lor delivering the projects specified by WFSA IUKI trustees and grant funders.
(Registration number 343189141 with the same objects as WFSA IUKI.
Durin8 the year ended 31 December 2023, the WFSA IUKI made the followin8 payments to the
WFSA for..
SAFE Anaesthesia £ 012022 £ 19.0921
Fellowship5 £ 012022 £ 28.0021
Palestine An8esthesia Training Mission IPATMI £ 012021 E I.COJI
THET £ 14,468
Fresenius £ 28.267
Liberian Doctor £ 8.lJTr)
Vilor £ 38.822
The trustee Prof. Adrian Gelb is a consultant to Masimo Inc. a company which contracted World
Federation of Societiesof Anaesthesiologi5t IUKI todeliverthe Safe Anaesthesia project. In his position
as consultant. he is unable to influence the decision of Masimo Inc regarding the awarding of
contrarts.
During the year ended 31 December 2023, the WFSA IUKI r￿1Ved ihe following donations (net in
leesl..
Treasurer. Andrew Hartle £ 12412022 £1241
20IPage

Worfd Federation of Socielies of kna&$th￿￿o9L%ts {UKI
Annual Report and Financi81 Stgt8m8nts
Year ended 31 December 2023
15. MOVEMENT IN FUNDS
2023
OUOII2023
I[￿￿me EXpetsd￿ure
Transfer 3111212023
Fund a Colleague educarion
IFACEI-formerlyfÈllowshlp*
14.741)
PalestineAnaesthesl
Training Mission IPATMI
L188
12(X)
2,388
SAFE Anaesihes53 IM3simDI
475
475
Freseniu5 Kabi-Anaesihe5ia
Innovation Awèrds
30.673
294
128,2731
128,2671
Anaesthe51a InnovètiL
Avdards
ILibeTian OoctDf51
Unlted lor Oxy8en IUFOI
Savln8 Mothers at Dellvery
Isomaliland & MyanmarF
THET
11.251
18,rmi
18,IWI
3,251
13.1
32.199
(14.4681
IL4.4681
30,732
VNST
39.616
138.8221
13B,8221
51.940
189.630)
189.9571
41.110
Unrestrkled
Geheral fvnds
3,283
3m7
15.2251
7,317
General lunds a¢lus¢ed
56.170
81m6
(94A551
51,345
0110111012
IMLwne EwThlhure
TraMfer >III212022
Restikned Fund5
Fund a Colleague Edutation
IFACEI-lormertyfelloY4ships
11.986
11273
128.fy)21
14,7431
PalestineAnae5thesia
Tralnlng Mlsslon IPATMI
1,2LKI
ILL￿>
1,188
SAFE Anae5thEsi¥
472
19mS
119.(821
475
Fresenlus Kabl-Anaesthesia
Innovarion Award5
63,625
132.9521
30,673
Anaesthe5ia Innovation
Award5
IL251
11,251
United foroxygen IUFO}
ss
{51
211Page

Worfd Federation of Socielies of kna&$th￿￿O9ists {UKI
Annual Report and Financi81 Stgt8m8nts
Year ended 31 December 2023
saving Mothers ai Delivery
Isomdliland & Myènmarl
13,lYXI
13.LKK>
37.955 1fy1248
511
11121
51.940
Unrestricted Fw
General fund5
General fund5 adjusted
8.845
1261
16.8231
3.283
735
212
947
iOS.509
196.la91
56.170
15. MOVEMENT IN FUNDS ICONTINUEDI
Purposes of Restricted funds:
Fund a Colleague's Educatlon IFACEI
WFSA IUKI offers fellowships and grants for young anaesthesiolo8lsts and dellvers trainlng
courses to strengthen the global capacity lor safe anaesthesia and pain management.
WFSA IUKI works with its partner orgznisation. WFSA. on the following..
Safe Anaesthesiz Project
Asse$5 and strengthen anaesthesia capacity in the state of Telangana, India to scale up
anaesthesia prowsion at the national level.
Anaesthesla Innovatlon Award
Identify and support the development ol innovation that havè the potèntial to transform the
field of anae5thesia and impro¥e patient safely worldwide.
Unlted For Oxygen IuFO}
Providing medical equipment to aid hospitals in Nigeria, Zimbabwe, etc.
THET Isomallland & Myanmar)
To improve access to the quality of maternal healthtare. wilh the support of Johnson and
Johnson. Saving Moihers ai Delivery.
Vlfor
Support for phase 2 for a Global Patient Blood Management IPBMI training
221Page