SIT The Assoclatlon of Surgeons In Tralnlng (ASI THE ASSOCIATION OF SURGEONS IN TRAINING (Founded 1976) 3543 Lincoln's Inn Fields London WC2A 3PE Telephone.. 020 7869 6681 Web.. www.asit.org Email.. info a8il.or CHARITY NUMBER.. 1196477 COMPANY NUMBER.. 08652651 Trustees Annual Report (TAR) End of Year Accounts (up to 31st August 2022) ASIT Annual Trustee Report and End of Year Accounts 2022 SIT Contents Pa 1. Charity aims and objectives 2. Achievements and performance 3. Financial review 4. Future planning 5. Structure, governance and management 6. Reference and administrative details 7. Exemptions from disclosure 8. Funds held as custodian trustee on behalf of others. ASIT Annual Trustee Report and End of Year Accounts 2022 SIT Association of Surgeons in Training IASITI is a professional organisalion and ch8ritsble company based in the United Kingdom, formed in 1976.11 represents the interests of surgical trainees of Great Britain and the Republic of Ireland, induding both junior doctors pursuing a career in surgery and those in the eady stages of their surgical training. ASIT obtalned tts charltable status durlng thls report perlod on 9th November 2021.11 is a not for profil org8nis81ion and No Trustee, Executive Committee Member, Council Member, or Ordinary Member has received a salary from the Charity. ASIT aims lo promote excellence within surgical training and therefore high quality patient care. The Charity enhances the education, training, and professional development of surgical trainees by providing support, advocacy, and resources. The org8nis81ion plays 8 crucial role in representing the collective voice of trainees and works lo address the challenges and issues they face during their training. Key functions and aclivitses of the Association of Surgeons in Training indude: Advocacy and Represenlatson.. ASIT acts as a representative body for surgical trainees in the United Kingdom IUKI and Republic of Ireland {ROII, advocating for the interests of surgical trainees and their patients. ASIT works with other medical bodies and organisations lo influence poliaes related lo surgic81 training and workforce issues. Through elected council members, ASIT represents chanty members on over 40 committees and boards related to suryical training and surgical trainees. The Charity also publishes positson statements to influence developments in surgical training. Educational Programmes and Resources: The organisation prowdes educational events, workshops, and conferences to enhance the leaming and skills development of surgical trainees. ASIT also provides access lo electronic leaming resources and educational materials. The most significant event of the year is the ASIT Conference, held in the spring each year. The Charity has also provided a wide range of competitsve grants. bursaries and awards to Members throughout the year, all for activities relating to surgical training. Research and Publications.. ASIT supports trainee research. offers opportunities for trainees to present their work al conferences. and publishes research in relevant joumals. Wellness and Support Initiatives: Recognising the challenges and stress faced by surgical trainees, ASIT promotes initsatives lo improve trainees, mental health and overall well-being. Networking and Coll8boration= ASIT facilitates networking among surgical trainees, allowing them to connect with peers and experienced surgeons. fostering a supportive and collaborative environment. ASIT Annual Trustee Report and End of Year Accounts 2022 SIT Professional Development.. The organisation provides guidance on career progression and professional development opportunities for surgical trainees. What the charity does: Educalionllraining The Advan￿ment Of Health Or Saving Of Lives Who the charity helps: The General Publiclmankind How the charlty helps: Makes Grants To Individuals Makes Grants To Org8nis8tion$ Provides Advocacyladvicelinformalion Sponsors Or Undertakes Research Acts As An Umbrella Or Resource Body Whgre the charlty operates: Throughout the United Kingdom and Ireland Reglstratlon hlstory: 09 November 2021.. Stsndard registration Organlsatlon type: Charitabl8 Company Othgr namgs: ASIT Iworking namel; ASSOCIATION OF SURGEONS IN TRAINING {Working namel Cornpany number: Q2LL1 Gift aid: Not recognised by HMRC lor gift aid Land and property: This charity does not own andlor lease land or property To promote and encourage for the benefit of the public the study of, and research into, the practi￿ of surgery and the training of surgeons and to disseminate knowledge and hold discussions on the results of such study and research. ASIT Annual Trustee Report and End of Year Accounts 2022 SIT lal To provide a forum for the advancement of knowledge in all respects of Ihe study of surgery and the training of surgeons. Ibl To promote collaboration and the disseminatson of infomiation among members and all others working in surgery or concerned in the scientific invesligalions relevant lo surgery by holding lectures, meetings and discussions, by producing publications, and by such other means as the Council or its Executive Committee may from lime to lime decide. Icl To effect liaison and collaboration with other surgical societies or organisations concerned with the study of surgical disease and techniques. The Associatson shall consist of the following members: lal Honorary Members may be elected by the Council from persons nominated by the ExecutlV8 Committee for their distinguished service to the practice of surgery or training of surgeons. Such honorary members shall not pay subscriptions, nor shall they be entiued lo vole on any business of the Association. They may receive wilhoul payment the publications of the Association and attend its scientific meetings. Ibl Ordinary Members may be elected by the Council on Ihe nomination of the Executive Committee from persons who have made an application lo the Associate Honorary Secretary. Suitable candidates shall have a medical degree. or be enrolled in a medical school aulhorised to award a medical degree, and an interest in participating in a higher surgical training prc¥Jramme in a recognised surgical specialty. Such members shall receive wilhoul payment the publications of the Association and are enlilled to attend scientific, general and annual general meetings of the Association and vote in connection with any business of the Association. Ordinary membership shall lapse after the expiration of two years from the dale of their appointment lo a substantive post as consultant. Icl Temporary Members may be elecled from among persons not othe￿iSe eligible for ordinary membership with such rights and privileges, (other than the right to hold office and to vole) as the Council or the Executive Committee shall from time lo time detemiine. Such temporary members shall be elected in like manner as ordinary members. Officers The following officers are app)inted to the Association l(oelher with such other Officers as the Council or the Executive Committee shall from lime lo lime delemiine.. lal A President is elected annually by the ordinary members at the annual general meeling on the nomination of the Council, to hold office for a temi of one year. All Presidential candidates must be supported by a quorum of Directors. An outgoing President shall not be eligible for re-election if there is a ASIT Annual Trustee Report and End of Year Accounts 2022 SIT suitable candidate for the role. If no suitable Council member stands for Presidential election, the current President should continue in post. If this can be achieved within six monlhs the new President should fulfil a term of less than one year and siandard election should take place at the next fomial eleclion timepoinl. If a new President is elected more than six months later, the lemi should include the full next year's temi in addition lo the remainder of the existing year's lemi. Any Presidential candidate musl cary the support of the current President and a quorum of Directors. Ibl Up lo two Vice Presidents are elected by the ordinary members at the annual general meeting on the nomination of the C04Jncil lo hcdd office for tsvo years. Icl An Honorary Secretary shall and, where the Council detemiines appropriate, an Idl Associate Honorary Secretary may, be elected by the ordinary members at an annual general meeting on the nomination of the Council lo hold office for ￿ years. lel An Honorary Treasurer shall be elected by Ihe ordinary members at an annual general meeting on the nomination of the Council lo hold office for tsvo years. If) A Director of Education shall be elected by the ordinary members at an annual general meeting on the nomination of the Council lo hold office for tsvo years. Igl A Communications Officer shall be elected by the ordinary members al the annual general meeting on the nomination of the Council lo hold office for tsvo years. Ihl A Social Media Officer shall be elected by the ordinary members al the annual general meeting on the nomination of the Council lo hold office for years. lil A Webmaster shall be elected by the ordinary members at the annual general meeting on the nomination of the Council lo hold office lor years. ') A Yearbook & App Officer shall be elected by the ordinary members at the annual general meeting on the nomination of the Council lo hold office for tsvo years. Ikl A Conference Coordinator may be elected by the ordinary members at the annual general meeting on the nomination of the Council lo hold office lor tsvo years. should this be deemed appropriate by the outgoing president. lal The Council The business of the Association is conducted by Ihe Council, which has such powers as are necessary to carry out any measure required lo further the objects for the wellbeing of the Association. Subject lo any regulations approved by a majority of Ihe ordinary members at an annual general meeting, the Council consists of a represenlats've or represenlalives as delemiined by Council or the Executive Committee from each of the following regions of England and Scotland.. Easlem. East Midlands, West Midlands. London - Kenl Sussex & Surrey. London - North East Thames, London - North Wesl Thames, London - South East Thames. London - South West Thames, Mersey, Northem, North Wesl, Northern Ireland, Republic of Ireland, Oxford, Peninsula, Sevem, Wales, Wessex, and Yorkshire, ASIT Annual Trustee Report and End of Year Accounts 2022 SIT Scotland - East, Scotland - North, Scouand - South East, and Scotland- Wesl together with represenlalives from each of the recognised surgical Irainee specialty groups, a represenlalive of the armed forces, a represenlalive for Academic Training Programme, medical sludenl represenialive, foundation programme representative, core surgical training representative, innovation representslive, an equality and diversity officer, a mentorship lead, a robotics representslive. an Interface Training Oversight Group IITOGI representative, an Associate TraIr￿ Editor {Royal College of Surgeons of England Bulletin) Representative, a Trainee Editor of Surgery Joumal representative, a Trainee Editor Journal of Surgical Simulation represenlalive and a representative of the National Research Collaboralive group. A Deputy Mentorship Lead may be elected should the executive feel this is required. and if detemiined by the above processes. These representatives are members elecled al the annual general meeting of the Association on the nomination of the Executive Committee lo hold office for tsvo years Irom first appointment with an interim review at 1 year. The Council has the power lo appoint representatives temporarily lo vacant posts until the next annual general meeting lakes place. The Council has the power to delemine the procedure al its meetings and the mode and frequency of convening the same. Ibl The Executive Committee The Executive Committee of the Council is composed of Ihe President, Immediate Past President, up lo 40 Vice Presidentlsl, Honorary Secretary l and, in some years, an Associate Honorary Secretary), Honorary Treasurer, Communications Officer, Social Media Officer, Director of Education, Webmaster, Year Book and App Lead and Conference Coordinator. Additional ex-officio members are permitted al the discretion ol the Incoming President. Members lother than Honorary Members and Temporary Members) pay an annual subscription of £40 for medical students and £60 olheN4ise. The sum is delemined by the Executive Committee, and fixed at an annual general meeting of the Association. The subscription is paid to the Honorary Treasurer on joining the Association and subsequenuy on the anniversary of this dale each year in April. The sum is discounted lo £50 if paid through direct debil, and a 6-month suspension of the annual subscnption for its members on parental leave. The Association holds an annual general meeting al which subjects on the agenda and the annual accounts are presented and discussed. The President is elected for the following year and, as and when necessary, up to fft Vice Presidenllsl, Honorary Secretary {+l- Associate Honorary Secretary}. Honorary Treasurer, Communications Officer, Social Media Officer, Direclor of Education, Webmaster, Year Book and App Lead and Conference Coordinator and the members of the Council are elected for their respective periods of office. Extraordinary general meetings are convened by the Directors, Presidenl or the Council or the Executive Committee lo deal with any special business of the Association al any time by giving 14 days prior written notice lo members identifying the special business lo be discussed. Members may vole by proxy by writing lo the Honorary Secretary prior lo the date of the meeting. 1.8 DireclorslTruslees The property investments and assets of the Asswalion and any documents relating thereto may be held in the name of not less than three members of the Association selecled by the Council lo act as DirectorslTruslees of the Association for such purFN)se. The DireclorslTrustees shall nomially include a ASIT Annual Trustee Report and End of Year Accounts 2022 SIT Past President and Honorary Treasurer. and may include other individuals from the Executive Committee or Past Presidents. Al DirectOrs￿rUstees should have held positions on the Executive Committee in the past. The Trustees have had regard lo the Charity Commission's guidance on public benefit. 2. Achievements and erformance In this year, the Charity funded a number of grants. awards and bursaries relating lo the study, practice and research of surgery. They were advetts'sed lo the association membership and created opportunities to improve excellence in surgical training. The association hosted ils annual national surgical conference al Liverpool in March 2023. Delegates consisting of medical students, doctors in training and consultants attended a range of academic lectures relating to surgical training, presented research and participated in practical and non-praclical surgical skills course$. The association also held its annual Surgical Innovation Summit as part of the Future Surgery Show, London over 2 days. Delegates and members attended lectures on novel technologies related lo current and future surgical practice. There was an opportunity for members and delegates lo present research relating lo Technology and Innovation in Surgery. There were a number of annual webinars and in-person ￿urSeS relating to applications for surgic81 training posts in the United Kingdom and Republic of Ireland, academic surgical training, surgical skills among others. The association continues to promote a diverse programme of educational opportunities to the membership. The association continued to represent the views of trainees from all surgic81 speualties al high slakes extern81 meetings that relate lo surgical training. The association articulates the consensus views of a pan-specialty, pan-grade Council that reflects members, opinions across the United Kingdom and Ireland. This is facilitated by statements and presentations al meetings and in the annu81 Yearbook of the organisation. There were over 70 meetings across specialities and involving national organisalions and institutions by which the association was able to advocate for surgical trainees. Representatives as selected from the executs've and council were able to attend on beh8tl of ASIT. Meeting reports were also created in order to highlight keep discussions but also action points by which ASIT was able to respond and drive the agenda forwards for surgical training. The Association of Surgeons in Training became a tharity during Ihis period on the 91h November 2021 (partially through this peric*J.l The Financial Year Period Report is as follows.. ASIT Annual Trustee Report and End of Year Accounts 2022 SIT 31.8.22 31.8.21 IURNOVER 484.$25 264.166 other inc¢)m 2.593 Stoff costs 167.2631 137.0971 Depreclollon ond other (ThovntsvKllten otf ossets 113XIJI 17.3761 other chryg05 1324.1141 173,0431 115h261 125,0611 SURPWS 66,615 121,589 31 M.22 31 B.21 FIXED ASSETS 14.752 14,752 CURRENT ASSErs .978 CIEDifoRS Amounls lolllng due wlthkn one ye 122452 NEI CUIRENT ASSEWS 3J1193 265.578 TOTAL ASSEfs LESS CURf¢ENT UAiiimu 346.945 IIESERV NOTES TO THE RNANCIAL STATEMEP STATUTOIY INFOIIAATION The finon¢ul stolen￿￿1$ (Te we5ented l£1 fur￿l￿)nd currency of thtr orry)ony rounded to the neLwest pwnd. AVERAGE NiIM•EI OF EMPIOYKS The ovwooe wrTt>er of errybyee5 trE WW05 5 I*Y21 . 51. ASIT Annual Trustee Report and End of Year Accounts 2022 SIT The company ￿ enlrfled lo exemplicn frcrtn Seckn 477 of ￿ Ccfflporie5 Act fcf the ye Ènd8d 31 Augud 2ryL. The mernber5 hove not requred the corryxysy to obton on oudt of its 5toterrents the yecy ended 31 Augu512022 h OcC￿danCe￿Ih Sectic￿ 476of Ihe compan￿SAC7 3)J& Th8 dyéctots thewr•sportstxF￿s f¢*. lal ensuring thot the compony keep5 occouniry r8ccKd5 Secthjns 386 l￿d 387 of the Componies Act 2(X)6 ond ltyl w8porin9 finortKJl stOleN￿lS o InJe Icx vl&w ol thè stalè of offoys ol th& comwy os ol the end ol eaeh finorticl yeor and of ￿$ d&f*rt rcy each ffnatKlal year In acccY¢Janc8 ￿t￿ th8 r8qui18rryants of 5ecliorts 394 ond 395 ond w￿ch olh?rw￿ comth wth th8 reqLwements ol tho Compan185 Act reloting to firK7￿K4 s*oterrenl% 50 loro5 ti*oiAe to coryony. The fin(￿cK31 stot*m8nts hove t)gen wp(wed in 0¢¢¢yth￿8 Ihg mKyo4nlity ryovIdo￿. The finoncial 51otements wer• ￿F￿VOd by 8r*xJ of rknt4Y5 and aull*yryed IC￿ wuo on 3) May >)23 and were signed on its behclf by.. A 8 P Po¢khrTrC¢op¢r. Dkg¢t In order to ass15t you to fuKI yow thJtb85 under tho Corrp]rM8s Act 2D)6. we havo prep￿ed fcf w approval the linanchil stoteThnts ol AStT Events ￿n￿l￿d Icrf Ihe ye(¥ ended 31 W5t 2022 whKh comprise the Incom8 stotement. Bokjnce Sheet ond lh& ￿￿ted noles the coftwnVs occounlino words ond from nl(mKJtion ond ow%￿0*￿)n$ w h¢Jvo gN•n us. a procttslng ff￿rnber ol the A5s0cK*K)n ol Chjrtered Cerhf*d Acc(yJntants. we SUb￿Cl to ￿ elhlcal ond olher &Yolesyonol requreff*nts whth tye d&tol8d ol htlp.'IIw¥*w.occo9th0l.comlrvbbtsok. Ihls repcrt ts mcd8 50W lo the 80(¥d of Dr8Ct4x ol ASIT Events LinNed. 05 a bth. in ￿C￿danCe %rfth OLf to￿ of engagement. OLX Wort h05 been un¢Jertoken sow Io Frfepare fcf wJr opprovol trb8 finarrial stat8ment5 of A51T Events Limiled or)d stole those mollers thol we hove owd lo stole lo IhÈ 8rxxd of D*ectors ol ASII Evènts Limiled. 075 0 bo¢Jy. in th￿ rewt in accordance Vlilh Ihe requrerrent5 of Ihe A550clo￿)n of Chartered Certified Accountan15 Q5 detailed at http.'I/w¥¥v4.accogk)bd.ccffilfoctshee1163. To Ihe ful￿1 extent pelmilted by luw, we do not rjccept ossume respor￿bIrtY to ¢Jyone other th￿ the C￿MpanY ¢￿d ds BocYd of Dreetcrfs. 05 a body. ftyv•r Conference incomtr subscript￿ nCDm& 106,908 157.258 ?79.BB7 .525 264,166 oth•r Incom• Donotion5 2.593 487,118 264,166 Exp•ndHw• Rent Insurance Wage5 Sociol s*cuMv Pension5 Conlerence ex￿n$8$ Maeling expens¢5 Computer costs Suncty 8xpens85 Acctyjnloncy Legal fee5 3.$87 1149 36.204 3.620 63.095 2.512 1.656 224.874 893 24.666 12.038 9.078 4.610 9.567 386,699 106,025 ICQ,419 158,141 Ananc• c¢>th Bonk Ch￿?$ 4.678 4.115 95,741 154,026 D•w•¢l¢th)n Computer softwrye 13.X•) 7.376 NEf SURPLUS 82.241 146.650 ASIT Annual Trustee Report and End of Year Accounts 2022 11 SIT 31B.21 XED ASSETS Compul8r soffvKwe 14.752 14.752 CLllkV4T ASSETS VAT Olherdebtor5 Prepwnenls 8onk occount Th). I 15.949 35.651 9.776 393.269 2.369 726 390.853 4￿,?76 CREDrioAs Amounh dv• wllhkn on• y•ty Tox Nel WoJes Contr Olhar credhors Acervots ond dofw*d inc 115.6261 125.0611 13971 105.216 If2.452 135,4C NIT CUIIReNT ASSETS 331193 2&5.578 TOTAL ASSETS Ltss CVIRENT LIA8ILmES 346.945 X)a30 NET ASSETS 346.945 2￿.3￿1 IIESEIVES Income and trxpendtwe ¢x¢¢)vnt 316.945 2W.3 Trustees do not receive direct payment from the Charity as part of their role. They may receive expenses as per the Expenses Policy that applies to Council and Executive Members when travelling for strict ASIT business only. The primary funding sources include sponsorship. membership and course fees. Reserve olic Significant events that affected this financial period included the ability lo hold face to face conferences following covid-19 pandemic, so expenditure increased significantly from the year prior. This has led lo excess reserve, which is discussed further in Section 4. A fom)81 reserves policy is being actioned for the upcoming financial periods. whereby diversification of funds and investment will be considered. ASIT Annual Trustee Report and End of Year Accounts 2022 12 SIT 4. Pl nf rf ir ASIT will continue to advocate for the best interests of surgical trainees during future periods. aligning with our aims and objeth'ves as a charity by promoting the highest standards in surgical training. Resource allocation is of significant importance to Ihe Trustees, Directors, Executive. Council and ils members. Our aims and objectives for the following annual period will be aligned lo those of previous periods, however, with more focus on allocation lo bursaries and scholarships tsking advantage of the recently enhanced reseNe. After financial review for this pericxj. we pledge lo offer additional ftjnding this year lo the members in temis of grants, bursaries and scholarships. As a larger charity. we are able lo now offer additional value to our members through considered resource allocation. ASIT is proud lo offer the opportunity for a fully funded Royal College of Surgeons of Edinburgh and ASIT joint Future Leaders Fellowship Programme, for the first lime, a new initiative in line with our mission sialement. As featured in the above Constitution 2021 Section 1.5. in addition to appointed Directors who were once members of the Executive Committee. The Association holds an annual general meeting al which subjects on the agenda and the annual accounts are presented and discussed. The President is elected for the following year and, as and when necessary, up lo two VI￿ Presidentlsl, Honorary Secretsry l+l- Associate Honorary Secrelaryl, Honorary Treasurer, Communicatsons Officer, Social Media Officer, Director of Education, Webmaster, Year Book and App Lead and Conference Coordinator and the members of the Council are be elected for their respective periods of office. Extraordinary general meetings are convened by the Directors, which may be al the request of the President, the Executive Committee or the Council, lo deal with any special business of the Association al any lime by giving 14 days prior written notice lo members identifying the special business to be discussed. Members may Vote by proxy by writing lo the Associate Honorary Secretsry prior lo the date of the meeting. The propety investments and assets of the Association and any documents relating thereto may be held in the name of not less than three members of the Association selected by the Council to act as Directors￿rusteeS of the Association for such purpose. The DirectOts￿rUsteeS shall normally include a P8St President and Honorary Treasurer, and may include other individuals from the Executs've Committee or Past Presidents. All DirectOts￿r￿steeS should have held positions on the Executsve Committee in the past. A paid employee, the General Manager. is responsible for the day to day running, financial relums and actioning of govemance processes of the organisalion. For future periods, ASIT is introducing an onboarding and exil policy, lo remind Council of their voluntary role and responsibilities and to fomially identify any potential conflict of Inte￿St that may arise during their time on Council. ASIT Annual Trustee Report and End of Year Accounts 2022 13 SIT AA ASIT has one full lime employee. Kristina GIoLrfchev. General Manager. Day to day activities are run by the Gener81 Manager and Executive Committee. with support from Council. Contact details as below.. THE ASSOCIATION OF SURGEONS IN TRAINING 3543 Lincoln's Inn Fields London WC2A 3PE Telephone.. 020 7869 6681 Web.. www.asit.org Email.. Nothing to declare Nothing to declare This reF)Ort has been completed as accurate for the period of August 2021 - August 2022 to the best knowledge of the Oirectorship l Trustees. Signed by Directors.. Adam Williams Andrew Beamish Adam Peckham-cooper ASIT Annual Trustee Report and End of Year Accounts 2022 14 SIT Rhiannon Harries ASIT Annual Trustee Report and End of Year Accounts 2022 15 Fin nt nl imit ASIT Events Limited nt nt Ith Fin nt Poge Income Stotemenl Balance Sheet Chorlered Certified Accovnlonls, Repc*t Oelailed Income and Expenditure Account Deloiled Bolonce Sheet ASIT Events Limited In nl 31.8.22 31.8.21 TURNOVER 484.525 264.166 Other income 2.593 Stall cosls 167.2631 137.0971 Depreciation and other amounts writlen off osset5 113.5(Kll 17,3761 Other charges 1324.1141 173.0431 Toxotion 115.6261 125.0611 SURPLUS 66,615 121,589 Poge I ASIT Events Limited Re istered number.. 08652651 31.8.22 31.8.21 FIXED ASSETS 14.752 14.752 CURRENT ASSETS 454.645 400,978 CREDITORS Amounls falling due within one year 122.4521 135.4WI NET CURRENT ASSETS 332.193 265.578 TOTAL ASSEfs LESS CURRENT LIABIUTIES 346.945 280,330 RESERVES 346.945 280.330 NOTES TO THE FINANCIAL STATEMENTS STATUTORY INFORMAIION Th8 linonciol 5tolemen15 ore presented ￿ pound steding l£1 which is the lunctionol currency ol the company rounded to the neore51 pound. AVERAGE NUMBER OF EMPLOYEES The overoge number ol employees during the yeor wo$ 512021 - 51. The compony is entitled to exemption trom oudit under Section 477 01 the Componies Act 2CM)6 lor the yeor ended 31 August 2022. The members have not required the company lo obloin an audit ol ils linanciol slolemenls lor the year ended 31 August 2022 in occordance with Section 476 01 the Componies Act 2CQ6. The directors ocknowledge their responsibli ities for.. (al ensuring that the company keeps accounting records which comply wlh Sections 386 and 387 01 the Companies Act 2Q)6 and Ibl preparing financial slalemenls which give o trve and lair view ol the slate ol oll01￿ ol the company os ot the end ol eoch linonciol yeor ond ol its surplus or deficit lu eoch linonciol yeor in occordonce with the requiremen15 ol Sections 394 and 395 ond which otherwise comply with Ihe requiremerits ol the Comporiies Act 2QK)6 reloting lo financial stalemenls. so lar as applicable lo the cornpany. The linoncial slolemenls hove been rxepared in accordance wilh the micro-enlily provisions. The linonciol slolemenls were opproved by the Boord ol Diect(xs ond oulhorised lor issue on 30 Moy 2023 ond were Signed on its beholl by= Dr A B P Peckhom-Cooper- Director Poge 2 Chartered Certified Accounlonls, Re ort lo the Board of Directors on the Unoudiled Finonciol Slolements 01 IT Ev nt Limit In order to assist you to lulfl your duties under the Companie5 Act 2(X)6. we have prepared lor your approval the linanciol slolemenls of ASIT Events Limited for the yeor ended 31 August 2022 which comprise the Income Statement. Bolonce Sheet ond the related notes from the componvs accounting records ond from inlormolion ond explonotions you hove given us. As a practising member firm ol the A550cialion of Chartered Certiffed Accountonts. we are Subject to ils ethical and other professional requirements wh￿h ore detailed ol http.'IIwv4W.accoglobol.com/rulebook. This report is mode solely to the Boord ol Diectors ol A51[ Events Limited. 0$ o body. in occordonce with our temis of engagement. Our work h05 been undertaken Sole￿ to Fyepore lor your opprovul the linoncial 5totemenls ol ASIT Events Limited and stote Ihose matters that we have agreed lo slate to the Board ol Directors ol ASIT Events Limited. as a body, in this report in accordonce with the requyemenls of the Association ol Chartered Certified Accounlonts os detoiled ot hltp.'l/www.occoglobol.comlloctsheetl 63. To the fullest exlenl permitted by low. we do not occept or ossume responsitilily to onyone other thon the company ond its Boord ol Directors. 0$ o body. lor our work or lor this report. 11 is your duly to ensure Ihot ASIT Events Limited has kept odequate occounling records and lo prepare slalulory linonciol slotemenls Ihol give o true and loir view ol the ossets. liobilities. finonciol position ond profil ol ASIT Events Limited. You con51der Ihot ASIT Even15 Limited is exempt from the 5totulory ovdit requirement lor th8 yeor. We have not been in51rucled lo carry out an audit or o review ol the financial slalemenls ol ASIT Events Limited. For this reoson. we hove not verified the accurocy or compleleness ol the accounting records or inlormolion and explonolions you hove given to us ond we do not. Ih8relor8. express ony opinion on the slolulory linonciol stolements. 30 Moy 2023 This poge does not lomi wrt ol the statutory financial slalemenls Poge 3 ASIT Events Limited om itur nl 31.8.22 31.8.21 Tvmover Conference income Subscription income 204.638 279.887 106.908 157.258 484.525 264.166 other Income Donations 2,593 487,118 264,166 ExpendltUTe Rent Insuronce Woges Sociol 58curitv Pensions Conference expenses Meeting expenses Computer cosls Sundry expenses Accountancy Legal lees 6.363 3.620 63.095 2.512 1.656 224.874 55.363 9.567 3.587 2.149 36.204 893 24.666 12.038 9,078 4,610 4.640 386,699 106,025 IC().419 158.141 Flnonce cosls Bank charge5 4.678 4,115 95,741 154,026 Depreclatlon Computer sollware 13.5CQ 7.376 NET SURPLUS 82.241 146.650 This poge does not lomi wrt ol the statutory financial slalements Poge 4 ASIT Events Limited 31.8.22 31.8.21 FIXED ASSETS Computer soltwoie 14.752 14.75 CLIRRENT ASSETS VAT other debtor5 Prepayments Bank account no. I 15.949 35.651 9.776 393.269 7.030 2,369 726 390.853 454.645 4￿.978 CREDITORS Amounts lolllng due wllhln one y•ar Tox Net Woges Control Other credilors Accruols ond delelred income 115.6261 13.0841 1.504 105.2461 125.0611 13971 109,9421 135.4CQI NEf CURRENT ASSErs 332.193 265,578 TOTAL ASSETS Less CURRENT LIA8ILITIES 346.945 280.330 NET ASSETS 346,945 280.330 RESERVES Income and expenditure account 346.945 280.330 This poge does not lomi wrt ol the statutory financial slalements Poge 5 Independent Examiner's Report to the Trustees of ASIT Events Ltd – The Association of Surgeons in Training (ASiT) ## **Independent examiner's report to the trustees ASIT Events Ltd – The Association of Surgeons in Training (ASiT) Charitable Incorporated Organisation** I report to the charity trustees on my examination of the accounts of ASIT Events Ltd – The Association of Surgeons in Training (ASiT) Charitable Incorporated Organisation (the Trust) for the year ended 31 August 2022. ## **Responsibilities and basis of report** As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act'). I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent examiner's statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination. 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. ## **Adam Franks FCCA** ## **For and on behalf of Franks Accountants Limited** Franks Accountants Limited First Floor Equinox 1, Audby Lane Wetherby LS22 7RD 30 May 2023