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2025-12-31-accounts

Trustees’ Report and Financial Statements 2025

Registered Charity Number 1166545

Company Limited by Guarantee Registered Number 09312117 (England & Wales)

World Federation of Societies of Anaesthesiologists (UK) Annual Report and Financial Statements Year ended 31 December 2025

Contents page

Contents page 2
Reference and Administrative details 3
Structure, governance and management 4
Trustees’ Report andActivity Review 5-9
Independent Examiners Report 10
Statement of Financial Statements 11
Balance Sheet 12
Accounting Policies 13 - 14
Notes to the Financial Statement 15 - 21

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World Federation of Societies of Anaesthesiologists (UK) Annual Report and Financial Statements Year ended 31 December 2025

Reference and Administrative details

Registered charity number 1166545 Company Limited by Guarantee Registered Number 09312117

Registered Office

Busworks, United House Unit 4.19 39-41 North Road London N7 9DP

Bankers

National Westminster Bank Plc Cavell House, 2a Charing Cross Road London WC2H 0PD

Independent Examiner

Rachel Eden FCMA Holy Brook Associates Thames Tower, Station Road, Reading, RG1 1LX

Trustees

Dr Carolina Haylock Loor, Chair Dr Clare Roques, Treasurer Dr Kathleen Ferguson Dr Emma Lillie Dr Balavenkatasubramanian Jagannathan

Company Secretary Kristine Stave

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World Federation of Societies of Anaesthesiologists (UK) Annual Report and Financial Statements Year ended 31 December 2025

Structure, governance and management

The charity is a company limited by guarantee (registered in England and Wales number 09312117) and has no share capital. The liability of each member in the event of winding up is limited to £1. Its registered address is Busworks, United House, Unit 4.19, 39-41 North Road, London N7 9DP.

As per its Articles of Association, the World Federation of Societies of Anaesthesiologists (UK) (WFSA (UK)) is governed by a Board of Directors who are also Trustees as per the Charities Act 2011. Day-today management is provided by the Company Secretary.

At the end of the period, three of the five directors were based in the UK with the other Trustees holding positions on the World Federation of Societies of Anaesthesiologists (WFSA) as per the Articles of Association Clause 27, 3-5:

Induction and Training

All new Trustees are briefed by the Secretary and receive information about the structure, governance, and activities of WFSA (UK). 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.

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World Federation of Societies of Anaesthesiologists (UK) Annual Report and Financial Statements Year ended 31 December 2025

Trustees ’ Report and Activity Review

Objectives and activities

The object of the WFSA (UK) 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 training anaesthesia providers, disseminating international standards and supporting innovation and research in anaesthesiology for the benefit of the public.

Public benefit

WFSA (UK) provides public benefit by educating and training anaesthesia providers, disseminating international standards and supporting innovation and research in anaesthesiology. The Trustees confirm they have complied with the guidance contained in the Charity Commission’s general guidance on public benefit in section 4 of the Charities Act 2011 when reviewing the c harity’s aims and objectives.

Who we are.

The WFSA (UK) is led by a team of volunteer anaesthesiologists together with 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 (the Federation or WFSA) and to bring UK expertise, volunteers, and financial resources to bear on the global crisis of unsafe anaesthesia and surgery.

Achievements and performance

The charity seeks to support the Federation in its work to address the fact that five billion people (out of a global population of just seven and a half billion) do not have access to safe, affordable anaesthesia and surgery. A new multi-year strategy for the charity was launched last year which can be accessed online at https://wfsahq.org/wp-content/uploads/WFSA-UK-Strategy-web.pdf. This confirmed three core strategic priorities for the charity as follows:

  1. Supporting educational efforts within anaesthesia and critical care in low-resource settings.

  2. Advancing public knowledge about the important role of anaesthesia and critical care within global health.

  3. Working with other organisations to improve the safety and quality of anaesthesia and critical care.

The charity supported several key projects during 2025 as outlined below.

Safe Anaesthesia Through Education (SAFE) training

2025 was a record year for SAFE with the programme expanding both in terms of the number of courses and the numbers trained as well as the geographic reach of the programme. 60 courses were delivered across 22 countries, training 1,796 clinicians and 300 new SAFE trainers. SAFE was delivered for the first time in Vietnam, Pakistan, the Solomon Islands, Sri Lanka and Morocco. The highlight of 2025 was that over 80% of trainers delivering the courses were local faculty showcasing the increased capacity to deliver the training in several countries. The open-access SAFE Online platform remained popular with 380 new users in 2025. This brings the total number of active users to over 1,300 learners representing 95 countries.

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World Federation of Societies of Anaesthesiologists (UK) Annual Report and Financial Statements Year ended 31 December 2025

The success of SAFE would not be possible without the charity’s partnership with the Association of Anaesthetists (Great Britain & Ireland), other Federation Member Societies and the global SAFE partners (Operation Smile, Smile Train and Mercy Ships).

Perioperative Patient Blood Management (P-PBM)

In 2025, the charity continued to support the WFSA initiative focused on Perioperative Patient Blood Management. This takes a patient-centred, systematic and evidence-based approach to improve outcomes by managing and preserving the patient’s own blood, while promoting patient safety and empowerment. Work centred on finalising two new short training courses in a similar format to SAFE and other successful Federation training courses.

In 2025, the Federation strengthened its global advocacy for Patient Blood Management (PBM), building momentum behind the Santa Cruz PBM Declaration, now endorsed by over 120 organisations worldwide. At the Seventy-Fifth Session of the WHO Regional Committee for Africa in Lusaka, the Federation played a prominent role in advancing PBM within regional health priorities. Through a formal WHO AFRO plenary statement and a WFSA- Ethiopian Ministry of Health co-sponsored side event attended by 160 participants, PBM was emphasised as an essential, evidence-based approach to improving patient outcomes and conserving scarce blood resources. Bilateral engagements with Ministries of Health from Rwanda, Zambia, Sierra Leone and The Gambia further positioned PBM as a practical approach to health system strengthening.

Partnership with Global Health Partnerships (formerly the Tropical Health Education Trust)

Supported by Global Health Partnerships (GHP) through funding by the UK Government, the charity worked in partnership with the Federation, the Ethiopian Society of Anesthesiologists and local delivery partner GPISS to adapt the new P-PBM training course to limited-resource settings. A successful pilot was delivered in Addis Ababa during December 2025. Faculty from Colombia, Ethiopia, Ghana, Rwanda, Tanzania, and the UK trained 24 Ethiopian anaesthesiologists from different facilities across Addis Ababa. A funding extension allowed for a mixed-methods study that generated robust evidence on practices, system readiness and provider perspectives to inform the effective implementation of PBM in Ethiopia. Findings were shared with the Ethiopian Ministry of Health and the Ethiopian Blood & Tissue Bank Service; these guided the development of the first draft of Ethiopia’s National PBM Clinical Guidelines.

Fund a Colleague’s Education

The charity supports the WFSA Fellowship Programme which during 2025 operated 14 Fellowship Programmes across eight countries in Asia and Africa. Collectively, these programmes trained 22 anaesthesiologists from 16 countries in a variety of sub-speciality areas. The list below shows all active WFSA Fellowships in 2025, including those that did not host a fellow:

  1. Pain Management – Hyderabad, India

  2. Paediatric Anaesthesia – Vellore, India

  3. Intensive Care – Vellore, India

  4. Regional Anaesthesia – Coimbatore, India

  5. Thoracic Anaesthesia – New Delhi, India

  6. Paediatric Regional Anaesthesia – Mumbai, India

  7. General Anaesthesia – Bangkok, Thailand

  8. Paediatric Anaesthesia – Bangkok, Thailand

  9. Pain Management – Bangkok, Thailand

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World Federation of Societies of Anaesthesiologists (UK) Annual Report and Financial Statements Year ended 31 December 2025

  1. Neuro - Anaesthesia – Bangkok, Thailand

  2. Paediatric Anaesthesia – Nairobi, Kenya

  3. Paediatric Anaesthesia – Abuja, Nigeria

  4. Paediatric Anaesthesia – Kampala, Uganda

  5. Paediatric Anaesthesia – Lusaka, Zambia

  6. Regional Anaesthesia – Kumasi, Ghana

  7. Obstetric Anaesthesia – Port Harcourt, Nigeria

  8. Obstetric Anaesthesia – Marrakech, Morocco

  9. Paediatric Anaesthesia – Belgrade, Serbia

  10. Pain Management – Botucatu, Brazil

  11. Obstetric Anaesthesia – Medellin, Colombia

  12. Medical Education and Simulation – San Francisco, USA

WFSA Innovation Award for Blood Health

The WFSA Innovation Award for Blood Health was supported by an unrestricted educational grant from CSL-Vifor and focused on enhancing blood health. During 2025, applications were sought for innovations in this category and a winner selected by a panel consisting of representatives of the charity and external experts. The winner was celebrated at the 19[th] World Congress of Anaesthesiologists taking place in Morocco in April 2026 and will have two years to bring their innovation to fruition before presenting this at the 20[th] World Congress of Anaesthesiologists in 2028.

Plans for 2026

We will continue our collaboration with the Federation and with other partners for the benefit of patients worldwide through our global anaesthesia capacity-building and strengthening projects. This will include work to support and further widen access to WFSA Fellowships, and to celebrate the 15[th] year of delivery of SAFE training courses worldwide in collaboration with the Association of Anaesthetists of Great Britain & Ireland.

We also expect to work with the Federation to implement the new training on Perioperative Patient Blood Management in additional countries, subject to availability of external funding.

Financial review

The WFSA (UK) generated income of £207,413; (2024: £153,510) over the course of the year. Total expenditure was £202,686; (2024: £175,274). The total reserves at the end of the year were £18,133 (2024: £19,312) of which £18,387 (2024: £14,569) was restricted.

The Charity supported these projects by making contributions to its partner organisation, the World Federation of Societies of Anaesthesiologists (WFSA), a non-profit organisation registered in the USA (registration number EIN 13-3211128) with the same objects. A collaboration agreement is in place between the partners, and WFSA staff and Trustees are aware of their liabilities and responsibilities in delivering the projects as specified by WFSA (UK) Trustees and grant funders.

Our approach to risk

The Board of WFSA (UK) reviews the organisation’s risk register at least annually. Each risk is analysed in terms of likelihood and impact; and mitigatory steps included to manage this.

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World Federation of Societies of Anaesthesiologists (UK) Annual Report and Financial Statements Year ended 31 December 2025

Reserves policy

The Trustees recognise that the level of unrestricted reserves 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. The Charity aims to maintain £12,320 in reserves, sufficient for the winding-up of the organisation and three months’ operational costs .

Going concern

The Trustees have ensured that the WFSA (UK) is a going concern thanks to a commitment from our partner organisation, the WFSA, for ongoing support of the Charity’s operations. Funding was this year secured from Global Health Partnerships (P-PBM Ethiopia), CSL-Vifor (Innovation Awards and Patient Blood Management) and several smaller individual donors.

The WFSA (UK) is an independent charity allied to the WFSA, and some resources are shared between the two organisations, notably staff and office space. The running costs of WFSA (UK) are minimal and therefore the financial risk to the organisation continues to be low.

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World Federation of Societies of Anaesthesiologists (UK) Annual Report and Financial Statements Year ended 31 December 2025

Trustees’ Report and Strategic Review (continued)

Statement of Trustees’ responsibilities

The Trustees (who are also Directors of WFSA (UK)) for the purpose of company law) are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and United Kingdom accounting standards (UK Generally Accepted Accounting Practice).

Company law required Trustees to prepare financial statements for each financial year, which give a true and fair view of the situation 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

Rachel Eden of Holybrook Accountants was appointed as WFSA (UK) independent examiner in 2026.

13/07/2026

The Trustees’ report was approved by the Trustees on ------------------------- and signed on their behalf by

Dr Clare Roques

SIGN

Treasurer

DATE: 20/07/2026

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World Federation of Societies of Anaesthesiologists (UK) Annual Report and Financial Statements Year ended 31 December 2025

Independent E xaminer’s Report to the Trustees of The World Federation of Societies of Anaesthesiologists (UK)

The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.

It is my responsibility to:

My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.

In connection with my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect,

I 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 accounts to be reached.

Sign: ..................................................... Date: 15[th] July 2026

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World Federation of Societies of Anaesthesiologists (UK) Annual Report and Financial Statements Year ended 31 December 2025

Financial Statements

Statement of Financial Activities

Year ended 31 December 2025

Income from:
Note
Donations and Legacies
2
Income from Charitable
Activities
3
Investment
Total
Expenditure on:
Expenditure on Raising Funds
4
Charitable Activities
5
Total Expenditure
Net income/(expenditure)
Foreign exchange gain/(loss)
Transfers between funds
Net movement in funds
Reconciliation of funds
Total funds bought forward
Total funds carried forward
Unrestricted
Restricted
Total
Unrestricted
Restricted
Total
Funds
Funds
2025
Funds
Funds
2024
£
£
£
£
£
£
3,415
1,832
5,247
21,532
10,978
32,510
-
202,166
202,166
-
121,000
121,000
-
-
-
-
-
-
3,415
203,998
207,413
21,532
131,978
153,510
-
-
-
583
2
585
2,506
200,180
202,686
27,329
147,360
174,689
2,506
200,180
202,686
27,912
147,362
175,274
909
3,818
4,727
(6,380)
(15,384
(21,764)
(5,907)
-
(5,907)
(12,268)
-
(12,268)
-
-
-
-





(4,998)
3,818
(1,179)
(18,649)
(15,384)
(34,033)
(6,424)
25,736
19,312
12,225
41,120
53,345
(11,422)
29,554
18,133
(6,423)
25,736
19,312

The company made no recognised gains and losses other than those reported in the income and expenditure account. All income and expenditure derive from continuing activities.

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World Federation of Societies of Anaesthesiologists (UK) Annual Report and Financial Statements Year ended 31 December 2025

The Notes on pages 12 to 21 form part of these financial statements

Balance Sheet As at 31 December 2025

Company Registration: 09312177

Note
Current assets:
Debtors
7
Cash at Bank and in hand
Total current assets
Creditors: amounts falling due within one year
8
NET ASSETS
9
RESERVES
Restricted
Unrestricted
TOTAL FUNDS
Total Funds
Total Funds
2025
2024
£
£
8,783
9,270
9,890
11,951
18,673
21,222
(540)
(1,909)
18,133
19,312
18,388
14,569
(255)
4,742
18,133
19,312

In approving these financial statements as trustee/directors of the charitable company we hereby confirm that:

For the year ending 31 December 2025, the charitable company was entitled to exemption from the audit under section 477 of the Companies Act 2006 relating to the small companies.

The members have not required the charitable company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006.

The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and for preparing financial statements.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime.

The financial statements were approved by the board of trustees/directors on and signed on its behalf by:

Dr Clare Roques

SIGN

Trustee/Director ----------------------------------------------------------------

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World Federation of Societies of Anaesthesiologists (UK) Annual Report and Financial Statements Year ended 31 December 2025

The Notes on pages 12 to 21 form part of these financial statements

Notes to Financial Statements

1. Accounting policies

Basis of preparation

The financial statements have been prepared on a going concern basis and in accordance with applicable Accounting Standards in the United Kingdom, including the Statement of Recommended Practice – Accounting and Reporting by Charities (SORP), Financial Reporting Standard 102 (FRS 102) and in accordance with the Companies Act 2006 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 accounting policy or note.

Public benefit entity

The charitable company meets the definition of a public benefit entity under FRS 102.

Going concern

The Trustees consider that there are no material uncertainties about the charitable company ’ s ability 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 of causing a material adjustment to the carrying amounts of assets and liabilities within the next reporting period.

Income

Recognition of income takes place in accordance with applicable accounting policies and results are presented in accordance with SORP & FRS 102. All incoming resources are included in the Statement of Financial Activities (SoFA) 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.

Income from revenue grants and other grants are credited to the Statement of Financial Activities when received or receivable. Where unconditional entitlement to grants receivable is dependent on fulfilment of conditions within the Charity ’ s control, the incoming resources are recognised when there is sufficient evidence that conditions will be met. It 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 charity has entitlement to the funds, 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 reliably.

Income received in advance of the provision of a specified service is deferred until the criteria for income recognition are met.

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World Federation of Societies of Anaesthesiologists (UK) Annual Report and Financial Statements Year ended 31 December 2025

Notes to Financial Statements (continued)

Gifts and services in kind

Donated professional services and donated facilities are recognised as income when the charity has control over the item or received the service, any conditions associated with the donation have been met, the receipt of economic benefit from the use by the charity of the item is probable and that economic benefit can be measured reliably. 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.

On receipt, donated gifts, professional services and donated facilities are recognised based on the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.

The value of services provided by volunteers has not been included in the Statement of Financial Activities.

Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.

Fund accounting.

Restricted funds are to be used for specific purposes as laid down by the donor. Expenditure which meets these criteria is charged to the fund.

Unrestricted 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 general administration of the Charity.

Designated funds are unrestricted funds earmarked by the trustees for significant purposes.

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. Resources expended include attributable VAT which cannot be recovered. Expenditure is classified under the following activity headings:

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World Federation of Societies of Anaesthesiologists (UK) Annual Report and Financial Statements Year ended 31 December 2025

Notes to Financial Statements (continued)

Allocation of support costs

Resources expended are allocated to the activity where the cost relates 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 based on project expenditure.

Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments 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 exclude any funds held on behalf of service users.

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 to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value except for bank loans which are subsequently measured at amortised cost using the effective interest method.

Foreign currency transactions

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are considered in arriving at the operating profit.

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World Federation of Societies of Anaesthesiologists (UK) Annual Report and Financial Statements Year ended 31 December 2025

Notes to Financial Statements (continued)

  1. INCOME FROM DONATIONS AND LEGACIES
Donation:
General
Sponsorship (ex. Johnson &
Johnson re. Obstetrics
Anaesthesia Round table)
Fellowships

Safe Anaesthesia

Palestine Anaesthesia
Training Mission (PATM)
VAST



Total
Unrestricted
Restricted
Total
Unrestricted
Restricted
Total
Funds
Funds
2025
Funds
Funds
2024
£
£
£
£
£
£
3,415
-
3,415
21,532
-
21,532
-
-
-
-
-
-
-
1,832
1,832
-
2,009
2,009
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
8,969
8,969





3,415
1,832
5,247
21,532
10,978
32,510
  1. INCOME FROM DONATIONS AND LEGACIES
Contract with:
Fresenius Kabi-Anaesthesia
innovation Awards
The Tropical Health
Education Trust (GHP-
Ethiopia)
Vifor
- Saving Mother at delivery
(Somaliland & Myanmar)
Total
Unrestricted
Restricted
Total
Unrestricted
Restricted
Total
Funds
Funds
2025
Funds
Funds
2024
£
£
£
£
£
£
-
-
-
-
38,779
38,779
124,929
124,929
51,234
51,234
-
77,237
77,237
-
30,987
30,987
-
-
-
-
-
-
-
202,166
202,166
-
121,000
121,000

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World Federation of Societies of Anaesthesiologists (UK) Annual Report and Financial Statements Year ended 31 December 2025

4. COST OF GENERATING FUNDS

Online platform processing
fees

Unrestricted
Restricted
Total
Unrestricted
Restricted
Total
Funds
Funds
2025
Funds
Funds
2024
£
£
£
£
£
£
576
49
626
583
2
585





576
49
626
583
2
585
  1. CHARITABLE ACTIVITIES COSTS
Fund a Colleague education
(FACE)
Fresenius

THET (GHP Ethiopia)
Vifor

VAST
Legacies
Sundry support cost–
safeguarding memberships
and bank charges

Governance costs


Unrestricted
Restricted
Total
Unrestricted
Restricted
Total
Funds
Funds
2025
Funds
Funds
2024
£
£
£
£
£
£
-
49
49
-
67
67
-
-
-
-
39,292
39,292
-
128,302
128,302
-
65,628
65,628
-
71,829
71,829
-
30,987
30.987
-
-
-
-
11,386
11,386
-
-
-
24,223
-
24,223
2,506
-
2,506
3,689
-
3,689
-
-
-
-
-
-





2,506
200,180
202,686
27,912
147,362
175,274

To advance its purpose, the charity supported projects during the year (as described more fully in the Trustees’ Report) by making payments to its partner organisation. World Federation of Societies of Anaesthesiologists (WFSA) as described in note 14.

  1. GOVERNANCE COSTS
In kind governance support
Independent examiner’s fees
Companies House fees
Unrestricted
Restricted
Total
Unrestricted
Restricted
Total
Funds
Funds
2025
Funds
Funds
2024
£
£
£
£
£
£
-
-
-
-
-
-
540
-
540
1,600
-
1,600
-
-
-
-
-
-
540
-
540
1,600
-
1,600

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World Federation of Societies of Anaesthesiologists (UK) Annual Report and Financial Statements Year ended 31 December 2025

7. DEBTORS
2025 2024
£ £
Trade Debtors 6,308 6,795
Other debtors (rent deposit) 2,475 2,475
Accrued income adjustment

-
-
8,783 9,270

8. CREDITORS
2025 2024
£ £
Amount falling due within one year:
Accruals and deferred income

540
1,909
540 1,909
9. ANALYSIS OF NET ASSETS BETWEEN FUNDS
Unrestricted
Funds
Restricted
Funds
Total 2025
£ £ £
Funds Balanced as of 31 Dec.
2025 are represented by:
Current Assets(Rent Deposit) 2,475.00 2,475.00
-
Trade Debtors 6,308.68 6,308.68
Bank Accounts 6,234.25 3,655.58 9,889.83
Current Liabilities (540) - (540)
Total Net Assets 8,169.25 9,964.26 18,133.51
Unrestricted Restricted Total
Funds Funds 2024
Funds Balanced as of 31 Dec
24 are represented by:
£ £ £
Current Assets 11,951 9,270 21,221
Current Liabilities -1,909 - -1,909
Total Net Assets 10,042 9,270 19,312

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World Federation of Societies of Anaesthesiologists (UK) Annual Report and Financial Statements Year ended 31 December 2025

10. NET INCOME (EXPENDITURE)


Independent examiner’s fees
-
Current year-accounts preparation
-
Current year-Independent examination
-
Under provision for previous year
2025
2024
£
£


-
-
1,600
1,600
-
-

Net income/expenditure is stated after charging:

11. EMPLOYMENT COSTS

Key management personnel are the trustees 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 day running and management of the charity.

The Secretary of WFSA (UK) also act as Chief Executive Officer (CEO) of WFSA, WFSA currently provides staff and admin support to WFSA (UK). 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 year (2025: £Nil). No trustee received payment for professional or their services supplied to the charity (2025: £Nil). No trustee received payment or reimbursement of travel and subsistence cost incurred by them relating to attendance at meetings of the trustees.

13. LEASE COMMITMENTS

The charity occupies premises under a lease agreement giving rise to ongoing rental commitments. The lease obligations are supported by an indemnity provided by WFSA, under which WFSA has agreed to indemnify WFSA UK in respect of the rent payments and other commitments arising under the lease. The trustees are satisfied that this arrangement provides additional financial support in relation to the charity’s lease obligations. No amounts have been claimed under the indemnity during the reporting period.

14. RELATED PARTIES AND TRANSACTIONS

WFSA (UK) is related to the World Federation of Societies of Anaesthesiologist (WFSA), based at Busworks, United House, Unit 4.19, 39-41 North Road, London N7 9DP, a non-profit in the USA (registration number EIN13-3211128) registered with the Dutch Chamber of Commerce (registration number 34318914) with the same objects as WFSA (UK).

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World Federation of Societies of Anaesthesiologists (UK) Annual Report and Financial Statements Year ended 31 December 2025

WFSA (UK) has an independent Board of Trustees to WFSA, its US-registered partner non-profit organisation. WFSA (UK) has currently two trustees in common with WFSA. Meetings and business of both organisations are conducted separately, and decisions are taken by the trustees of WFSA (UK) so as not to be detrimental to the interest of WFSA (UK). A written collaboration agreement is in place, WFSA staff and trustees are aware of liabilities and responsibilities for delivering the projects specified by WFSA (UK) trustees and grant funders. (Registration number 34318914) with the same objects as WFSA (UK).

During the year ended 31 December 2025, the WFSA (UK) made the following payments to the WFSA for:

15. MOVEMENT IN FUNDS

2025
Restricted Funds
01/01/2025
Income

Expenditure
Gains/(Loses)
Transfer
31/12/2025

£
£
£
£
£
£
Fund a Colleague
education (FACE)-
formerly fellowships
Palestine
Anaesthesia
Training Mission
(PATM)
Fresenius Kabi-
Anaesthesia
Innovation Awards

Saving Mothers at
Delivery
(Somaliland &
Myanmar)-THET

Vifor



Unrestricted Funds
-
1,832
(49)
-
1,783

2,388
-
-
-
2,388

2,181
-
-
-
2,181

10,000
124,929
(128,302)
-
6,628

-
77,237
(71,829)
-
5,408

14,569
203,998
(200,180)
-
18,387






General funds
4,743
3,415
(2,506)
5,905
-
(255)
19,312
207,413
(202,686)
-
18,133

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World Federation of Societies of Anaesthesiologists (UK) Annual Report and Financial Statements Year ended 31 December 2025

2024
Restricted Funds
Fund a Colleague
education (FACE)-
formerly fellowships
Palestine
Anaesthesia Training
Mission (PATM)
SAFE Anaesthesia
(Masimo)

Fresenius Kabi-
Anaesthesia
Innovation Awards

Anaesthesia
Innovation Awards
(Liberian Doctors)
United for Oxygen
(UFO)

Saving Mothers at
Delivery (Somaliland
& Myanmar)-THET

VAST

Vifor



Unrestricted Funds
01/01/2024
Income

Expenditure
Transfer
31/12/2024

£
£
£
£
£
(2,310)
2,009
(68)
370
-
2,388
-
-
-
2,388
475
-
-
(475)
-
2,694
38,779
(39,292)
(39,292)
2,181
3,251
-
-
(3,251)
-
96
-
-
(96)
-
30,732
51,234
(65,628)
(71,965)
10,000
3,000
8,969
(11,386)
(11,969)
-
794
30,987
(30,987)
(31,781)
-
41,120
131,978
(147,361)
(158,460)
14,569





7,317
21,532
(27,912)
-
1,683
4,908

(12,269)
-
(6,426)
53,345
153,510
(187,543)
0
19,312
General funds

General funds
adjusted surplus
  1. MOVEMENT IN FUNDS (CONTINUED)

Purposes of Restricted funds:

Fund a Colleague’s Education (FACE)

WFSA (UK) offers fellowships and grants for young anaesthesiologists and delivers training courses to strengthen the global capacity for safe anaesthesia and pain management.

WFSA (UK) works with its partner organisation, WFSA, on the following:

Safe Anaesthesia Project

Assess and strengthen anaesthesia capacity in the state of Telangana, India to scale up anaesthesia provision at the national level.

Anaesthesia Innovation Award

Identify and support the development of innovation that have the potential to transform the field of anaesthesia and improve patient safety worldwide.

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World Federation of Societies of Anaesthesiologists (UK) Annual Report and Financial Statements Year ended 31 December 2025

GHP (Ethiopia) formerly THET

Global Health Partnerships (GHP) Ethiopia and the World Federation of Societies of Anaesthesiologists (WFSA) are committed to working together to strengthen Ethiopia's health workforce by advancing safe anaesthesia, perioperative care, surgical systems, and clinical education. Through equitable partnership, capacity building, research, and knowledge exchange, we aim to improve patient safety, enhance the quality of surgical and critical care services, and support sustainable, locally led health system strengthening aligned with Ethiopia's national health priorities."

P-PBM

Support for piloting and rollout of a Perioperative-Patient Blood Management (P-PBM) training package.

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