Charity number.. 1182677 INTERSURGEON UNAUDITED TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025 INTERSURGEON CONTENTS Page Reference and admlnlstratlve detalls of the Charlty, Its Trustees and advlsers Trustees. report Independent examinerfs report ststement of financial activities Balance sheet Notes to the flnanclal statements 9-12 INTERSURGEON REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 5 APRIL 2025 Trustees Mrs P Harkness Mr CGL Hulbert-Powell Mr J Johnston Sir TD Wilson Mr RG Billins (resigned 1 October 20241 Charity registered number 1182677 Principal office Pengrove Bodmin PL30 3HZ Accountants Calder & Co Chartered Accountants 30 Orange Street London WC2H 7HF Page 1 INTERSURGEON TRUSTEES. REPORT FOR THE YEAR ENDED 5 APRIL 2025 The Trustees present their annual report together with the financial statements of the Inlersurgeon ICIOI for the 6 April 2024 10 5 April 2025. Objoctivgs and activiti9$ Policies and objectives The Charity was estsblished for the advancement and the samng of lives by creating international medical coll8boralions through an electronic portal 'lnterSurgeon'. b. Activities undertaken to achieve objectives The "Intersurgeon "plattorm has been made accessible globally and is intended for all those who need additional surgical care and professional education. For Charitsble purposes in one or more of the following ways.. 111 Collaboration in clinical care- 121 Collaboration in leaching and training,. and 131 To help in the provision of medical equipment lo those in need. c. Main activities undertaken to further the Charity's purposes for the public benefit The Trustees are conscious of the Charity Commission's stance on public benefit and are satisfied that the charity has carried out ils activities during the financial year consislenlly with its purpose. with due regard to the Charity Commission's public benefit guidance. Achlevements and perforn)ance a. Key performanee Sndlcators Income of £19,67012024'. £66,194) was re￿IVed during the year. The trustees will utilise the income received lo achieve the charity's principal objective sel out above. Flnanclal revlew a. Going concern After making appropriate enquiries, the Trustees have a reasonable expectstion that the Charity has adequate resources lo continue in operational existence for the foreseeable future. For this ￿aSOn, they continue lo adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies. b. Reserves policy The Charitys only asset IS Cash held al Lloyds Bank. The Trustees believe that by building the cash reserves they can continue lo operate in pur5UIt of its charitsble objective5 111 the event insufficient income 15 generated. Page 2 INTERSURGEON TRUSTEES, REPORT ICONTINUEDI FOR THE YEAR ENDED 5 APRIL 2025 Structurei governance and management Constitution Intersurgeon is constiluled as a charitable incorporated organisation. The governing document is the CIO- Foundation Registered 28 March 2019. The foundation gained charitable status on 28 March 2019. b. Methods of appointment or elgction of Trust99$ The management of the Charity is the responsibility of the Trustees who are elected and co-opted under the terms of the governing document. c. Financial risk managgrngnt The Trustees have assessed the major risks to which the Charity is exposed, in particular those related lo the operations and finances of the Charity, and are satisfied that syalems and procedures are in place lo mitigate our exposure lo the major risks. Funds held as custodian There are no funds held as custodian for other parties. statement of Trustees. responsibilities The Trustees are responsible for preparing the Trustees. report and the financial stslemenls in accordance with applicable law and United Kingdom Accounting Slandards (United Kingdom Generally Accepted Accounting Practice}. The law applicable to charities in England & Wales requires the Trustees to prepare financial statements for each financial which give a true and fair view of the slate of affairs of the Charity and of its incoming resources and application of resources, including ils income and expenditure, for that period. In preparing these financial slalemenls, the Trustees are required lo- select suitsble accounting policies and then apply them consistently.. obseNe the methods and principles of the Charities SORP IFRS 1021., make judgments and accounting estimates that are reasonable and prudent., slate whether applicable UK Accounting Standards IFRS 1021 have been followed, subject lo any material departures disclosed and explained in the financial statements., prepare the financial statements on the going concern basis unless il is inappropriate to presume that the Charity will continue in business Page 3 INTERSURGEON TRUSTEES, REPORT ICONTINUEDI FOR THE YEAR ENDED 5 APRIL 2025 The Trustees are responsible for keeping adequate accounting records that are sufficient lo show and explain the Charitys transactions and disclose with reasonable accuracy al any lime the financial position of the Charity and enable them lo ensLJre that the financial statements comply with the Charities Act 2011, the Charity {Accounts and Reports) Regulations 2008 and the provisions of the Trust deed. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities Approved by order of the members of the board of Trustees on 15 December 2025 and signed on their behalf by.. Mrs P Harkness Page 4 INTERSURGEON INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 5 APRIL 2025 Independent examlnerfs report to the Trustees of Intersurgeon (Yhe Charlty.) I report lo the charity Trustees on my examination of the accounts of the Charity for the year ended 5 April 2025. Responslbllltles and basls of report As the Trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 I'the 2011 Acl'l. I report in respect of my examination of the Charitys accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed the applicable Directions given by the Charity Commission under section 14515llbl of the 2011 Act. Independent examinerfs statement Your attention is drawn lo the fact that the Charity has prepared the accounts in accordance with Accounting and Reporting by Charities.. Ststemenl of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard 8pplicable in the UK and Republic of Ireland IFRS 1021 in preference lo the Accounting and Reporting by Charities.. Slalement of Recommended Practice issued on 1 April 2005 which is referred lo in the extant regulations but has been withdrawn. l understand that this has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practi￿ effective for reporting periods beginning on or after 1 January 2015. I have completed my examination. I confim that no matters have come lo 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 Charity as required by section 130 of the 2011 Act., or the accounts do not accord with those records., or the accounts do not comply with the applicable requirements concerning the form and conlenl of accounts set out in the Charities IAccoLJnls and Reports) Regulations 2008 other than any requirement that the accounts give a 'lrue and fair, view which is not a matter considered as part of an independent examination. 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. Page 5 INTERSURGEON INDEPENDENT EXAMINER'S REPORT {CONTINUED) FOR THE YEAR ENDED 5 APRIL 2025 This report is made solely to the Charills Tnjstees, as a body, in accordance with Part 4 of the Charities {Accounls and Reports} Regulations 2008. My work has been undertaken so that I might slate to the Charity's Trustees those matters l am required to slate lo them in an Independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility lo anyone other than the Charity and the Charitls Trustees as a body, for my work or for this report. Dated.. 15 December 2025 A Koupland ACA Calder & Co Chartered Accountants 30 Orange Street London WC2H 7HF Page 6 INTERSURGEON STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 5 APRIL 2025 Unrestricted funds 2025 Total funds 2025 Total funds 2024 Note Income from: Donations and legacies 19.670 19.670 66, 194 Total income 19,670 19.670 66,194 Expenditure on: Charitable activities 40.683 40.683 27,570 Total expenditure 40.683 40.683 27,570 Net movement in funds 121.013) 121.0131 38,624 Reconciliation of funds: Total funds brought forward Nel movement in funds 48.675 121,013) 48.675 121,0131 10,051 38,624 Total funds carried fopward 27.662 27.662 48,675 The Statement of financial activities includes all gains and losses recognised in the year. The notes on pages 9 to 12 fom) part of these financial statements. Page 7 INTERSURGEON BALANCE SHEET AS AT 5 APRIL 2025 2025 2024 Note Fixed assets Current assets Cash al bank and in hand 30,892 49,925 30,892 49,925 Creditors.. amounts falling due within one year 13,2301 fl.250J Net current assets 27,662 48,675 Total assets less current liabilities 27.662 48,675 Net assets excludlng penslon asset 27.662 48,675 Total net assets 27.662 48,675 Charlty funds Reslricled funds Unrestricted funds 27,662 48,675 Total funds 27.662 48,675 The financial statements were approved and aulhorised for issue by the Trustees on 15 December 2025 and signed on their behalf by.. Mrs P Harkness The notes on pages 9 to 12 form part of these financial statements. Page 8 INTERSURGEON NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025 Accountlng pollcles 1.1 Basis of preparation of financial statements The financial statements have been prepared in accordan￿ with the Charities SORP IFRS 1021 Accounting and Reporting by Charities.. Ststemenl of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffeclive 1 January 20191, the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Charities Act 2011. The financial statements have been prepared lo give a 'true and fairf view and have departed from the Charities {Accounts and Reports) Regulations 2008 only lo the extent required to provide a 'lrue and fair. view. This departure has involved following the Charities SORP IFRS 1021 published in October 2019 rather than the Accounting and Reporting by Charities.. Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn. Inlersurgeon meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised al historical cost or transaction value unless otherwise slated in the relevant accounting policy. 1.2 Income All income is recognised once the Charity has enlitlemenl lo the income, il is probable that the income will be received and the amount of income receivable can be measured reliably. Grants are included in the Slalemenl of financial activities on a receivable basis. The balance of income received for specific purposes bul not expended during the period is shown in the relevant funds on the Balance sheet. Where income is received in advance of enliuement of receipt, ils recognition is deferred and included in creditors as deferred income. Vvhere entitlement occurs before income is received, the income is accrued. 1.3 Expendlture Expenditure is recogniseé once there is a legal or constructive obligation lo transfer economic benefit to a third party, il is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by aclivily. The costs of each activity are made up of the lolal of direct costs and shared costs, including support costs involved in undertaking each aclivily. Direct costs attributable lo a single activity are allocated directly to that activity. Shared costs which contribute lo more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of lime spent, and depreciation charges allocated on the portion of the asset's use. Expenditure on charitable 8clivilies is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs. All expenditure is inclusive of irrecoverable VAT. 1.4 Government grants Govemment grants relating to tangible fixed assets are treated as deferred income and released lo the Statement of financial activities over the expected useful lives of the assets concerned. Other grants are credited lo the Statement of financial activities as the related expenditure is incurred. Page 9 INTERSURGEON NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025 Accountlng pollcles (contlnued) 1.5 Cash at bank and in hand Cash al bank and in hand includes cash and short-lerm highly liquid investments with a short maturity of three months or less from the dale of acquisition or opening of the deposit or similar account. 1.6 Llabllitles and provlslons Liabilities are recognised when there is an obligation al the Balance sheet dale as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be eslimaled reliably. Liabilities are recognised al the amount that the Charity anticipates il will pay lo settle the debt or the amount it has received as advanced payments for the goods or services it musl provide. Provisions are measured al the best estimate of the amounts reqtjired to settle the obligation. Where the effect of the lime value of money is material, the provision is based on the present value of those amounts, discounted al the pre-tax discount rate that reflects the risks specific lo the liability. The unwinding of the discount is recognised in the Statement of financial activities as a finance cost. 1.7 Financial instruments The Charity only has financial assets and financial liabilities of a kind that qualrfy as basic financial instruments. Basic financial instruments are initially recognised al transaction value and subsequently measured at their selllemenl value with the exception of bank loans which are subsequently measured at amort15ed c05t using the effective interest rnelhod. 1.8 Fund accounting General funds are unrestricted funds which are available for use 81 the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes. Income frorn donation5 and legacies Unrestricted funds 2025 Total funds 2025 Total funds 2024 Donations 19,670 19,670 54,674 7,673 3,847 other funding Gift aid 19,670 19,670 66, 194 Total 2024 66,194 66,194 Page 10 INTERSURGEON NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025 Charitable expenditure Unrestrlcted Endowment funds funds 2025 2025 Total funds 2025 Total funds 2024 Advertising & Promotion IT software and consumables Accountancy fees Independent examination fees Consultancy fees Bank charges 844 15,312 1.823 500 22,205 5,237 16,141 1,065 500 4,500 126 15,312 1,823 500 22,205 40,684 40,684 27,569 Total 2024 21,569 27,569 Independent examinerfs remuneration 2025 2024 Fees payable lo the Charity's independent examiner for the independent examination of the Charitys annual accounts 500 500 Trustees. remuneration and expenses During the year, no Trustees received any remuneration or other benefits (2024- £NIL). During the year ended 5 April 2025, no Trustee expenses have been incurred {2024 - £NIL). Creditors: Amounts falling due within one year 2025 2024 Trade creditors 1,980 1,250 Accnjals and deferred income 1,250 3,230 1,250 Page 11 INTERSURGEON NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025 Summary offunds Summary of funds - current year Balance at 6 April 2024 Balance at 5 April 2025 Income Expendlture General funds 48,675 19.670 140,683) 27,662 Summary offunds- prioryear Balance 81 6 April 2023 Bal8nce 81 Income Expenditur6 5 April 2024 General funds 10,051 66,194 (27,570) 48,675 Analysis of net assets between funds Analysis of net assgts bgtwgen funds - currgnt ygar Unrostricted funds 2025 Total funds 2025 Current assets Creditors due within one year 30,892 13,230) 30,892 13.2301 Total 27,662 27,662 Analysis of net assets between funds - prior year Unreslricled Endowmenl funds funds 2024 2024 Total funds 2024 Current assets 49,925 fl.250J 49,925 {1,250) Creditors due within one year Total 48,675 48,675 Page 12 Intersurgeon ~ 2025 Accounts Final Audit Report 2025-12-22 Created.. 202>12-22 8y'. Cakler & Co lthturr*nt@cahJ8r5.n811 Status.. SvJn8d Transaction ID.. CBJCHBCAABAAhlnpJrffffis2cdKjipMNM_T58rZeaT "Intersurgeon - 2025 Accounts" History Document created by Calder & Co {document@calders.net) 202>12-22- 10..42..03 AM GMT- IP athJr85s'. 193.117.199.38 . Document 8mailed lo philippaharkness@me.com for signature 202&12-22- 10..43..01 AM GMT Email viewed by philippaharkne$$@me.com 202&12.22. 1.'C¢.'27 PM GMT. IP ad￿￿1.. 172.224.227.8 Signer philippaharkness@me.com entered name at signing as Philippa Hathness 202>12-22- 1.'11..03 PM GMT- IP 8(Jthess'. 209.198.129.161 Document e-signed by Philippa Harkness {philippaharkness@me.com) Signature Dat8.' 2025.12-22- 1..11..0S PM GMT- TTh sr￿¢8.. ser¥er- IP address.. 209.198.129.161 Agreement completed. 202&12.22. 1..11..05 PM GMT Q'.41d¢T' wobbt Sign