Docusign Envelope ID.. 5E9107F6-F2FFC4C1A-0S5F97B7B399 Charity number: 1200037 UK Neurointerventional Group (A Charilable Incorporated Oryanisation) Unaudited Trustees, Report and Flnanclal Statements For the Year Ended 31 March 2024
Docusign Envelope ID.. 5E9107F6-F2FFC4C1A-0S5F97B7B399 UK Neurointerventional Group IA Charitsble Incorporated Oryanisationl Contents Page Raf•ranc8 and Administrative Datsils of thg Charity. its Trustees and Advisors Trustees. Report Ind•p•nd•nt Examln•rfs R•port Stat8ment of Financial Activitigs Balanc• Shoot Notes to the Financial Statsm•nts 10-15
Docusign Envelope ID.. 5E9107F6-F2FFC4C1A-0S5F97B7B399 UK Neurointerventional Group IA Charitsble Incorporated Oryanisationl Reference and Administrative Details of the Charity. its Tntstees and Advisers For the Year Ended 31 March 2024 Tw$tg9$ Robert Keith Lenthall. Chair Peter Anthony Flynn Dr Anil Rajaram Gholkar Dr Shawn Ferqus Halpin Hannah Mary Mulligan Charity rngistsred number 1200037 Prlncipal offic• The Royal College of Radiologists 63 Lincoln's Inn Fields London WC2A 3JW Accountants Sumer Accountsnls Nl Ltd Glendinning House 6 Murray Street Belfast Northern Ireland BT16DN SUMER NORTHER14 IRELAND Page 1
Docusign Envelope ID.. 5E9107F6-F2FFC4C1A-0S5F97B7B399 UK Neurointerventional Group IA Charitsble Incorporated Oryanisationl Trustees. Report For the Year Ended 31 March 2024 The Trustees present their annual port together th the finanaal statements of the UK Neurointervenlional Group for the year ended 31 March 2024. The Charity obtsined giStratIon wrth The Charity Commission for England and Wales on 11 August 2022. The Companies House number is CE029963. Obje¢vS and actlvltl•$ a. Policies and objectives The Unf(ed Kingdom Neurointerventional Group IUKNGI represents Speaalist Doctors who perfomi minimally invasive operations on the brain, spine, head and neck blood vessels. Their objective is to provide effective, safe and sustainable interventional neuroTadiology. In seth'ng objectives and planning for activities. the Trustees have given due consideration to general guidance published by the Charity Commi$$i¢)n relaling to public benefil. induding the guidan 'Publi¢ Benefit.. running a charity IPB21'. The Charity has the following objectives. to.. Promote high standard5 in the dinical practice of Neuroinlervenlion throughout the UK.. Promote the place of NeuroinleNenlion lalso known as Inletventional Neuroradiology IINRII as a core discipline of the clinical neurosciences., Advise and eollaborale wth regulatory and professional bodies regardlng development of guidelines and standards for the prartice of interventional neuroradiology including diagno$b'¢ neuroradiology relevant lo INR practice Iwhich includes standards for facililies. delivery of Service and professional abililiesl., Support the clinical practice and continuing professional development of UK Neuroinlerventionists,. Ensure, in collaboration with the Royal College of Radiologists, the General Medical Council and any other relevant body, that training and education of NeuroinleThentsoni$ts & all those operating wlhin this area of clinical practice are appropriate and of a high $landard". Mtsnilor ond advise on the number of UK INR trainees and training posts in order lo assist in balancing supply and deman¢J for Neuroinlerventionists". Stimulate and encourage research and research nets¥orks induding ethical collabcration with radiological and Iher8peutsc equipment manutscturers an(J in particular lo support the scientific evaluation of equipment and devi¢e$ by high quality trial$'. Develop and maintain relationships nats.onal and intemational professional bodies relevant lo Neurointervenlion.. Foster communication with patient groups.. and Promote Neuroinlervenlion lo medical students, junior doctots and trainee radiologists as a rewarding and enjoyable career. SUMER NORTHER14 IRELAND Page 2
Docusign Envelope ID.. 5E9107F6-F2FFC4C1A-0S5F97B7B399 UK Neurointerventional Group IA Charitsble Incorporated Oryanisationl Trustees. Report Icontinuedl For the Year Ended 31 March 2024 Objec¥*$ and a¢tlvltl•s l¢ontlnu•d) b. Strategies for achieving objectives The Charity has the following strategies to achieve its objectives.. Publish Stsndards, host and or promote scientsfic l educational meetings,. Interface with Royal College of Radiologists {RCRI and Allied Speciality Interest Groups ISIGsl', Work with the Royal College of Radiologists and regulatory bodies on clinical guidance, curriculum development, planning and delivery of training. Run biannual UKNG meeb.ng to provide forum for leaming, sharing experience and encouraging good practice., Respond to enquiries from, or concerns expressed by members., Contribute lo multy'disciplinary work lo develop clinical seThices'. Develop clinical guidance and cascade inlormation to the INR community.. Network lo break down barners to research and foster go¢)d research pradices., Develop trainee days associated vAlh UKNG meebngs., Encourage INR trainee involvement in UKNG ¥)rk., Cooperative work with patients groups l ¢hartties {Stroke Association).. and Develop a social media slrategy. c. Actlvltlas und•rtak•n to achl•v• obJ•¢tlv The Charity partakes in the followng activiti'es to achieve its objeth'ves.. Run biannual UKNG meetings., Work of the three UKNG sCoMMitteeS (Standards sumrymmittee, Training Educatson and Research sub- commrttee. Communications and Liaison sutrTrcommrtteel". Encourage participation of UKNG members in the group's activities.. Communication wlh allied Speciality Interest GToups'. British Society of Neuroradiologisls. British Society of Interventional Radiology, British Neurovascular Group Meeting, Bnb'$h & Irish A$so¢iats'on of Stroke Phy5icians', Run trainee educational days and binar$.. UKNG member contributsons to the European Course in MiniMty Invasive Neurological Therapy land Similar courses).. Run a UKNG I Industry liaison day., Representation on the Inlercollegiale Stroke Working Party- Representslion on the NHSE Thrombeclomy Implementation Group". Representation on various Royal College of Radiologists committees., Publication of papers I commentsries wvenng standards. edu¢ab"on, training and searCh,. Perform national sutveys to gather data about INR and trainee numbers., Coordinating research and audit activitses,. Developing peer review pro¢esses". and Engaging wth markets'ng professionals lo devel¢Jp a social media profile and strategy. SUMER NORTHER14 IRELAND Page 3
Docusign Envelope ID.. 5E9107F6-F2FFC4C1A-0S5F97B7B399 UK Neurointerventional Group IA Charitsble Incorporated Oryanisationl Trustees. Report Icontinuedl For the Year Ended 31 March 2024 Objec¥$ and a¢tlvltl•s l¢ontlnu•d) d. Main activities undertaken to further the Charitys purposes for the public benefit As well as likely public benefft from some of the a¢tivtti'e$ listed above, the Charity undertake$ the following activities for public benefit.. Work lo expand availability of mechanical thrombectomy services in the UK.. Contribution to the Sentinel Stroke National Audil Programme., and Contribution lo Stroke Associalhon activib.es induding the Saving Brains campaign. Achi8v8ments and rtOrnIan¢6 a. Maln a¢hl•v•m•nts of th• Charlty The main achievements of the Charity were as folh)ws'. Transition from infomial Speciality Interest Group to a Charilable Inrporated Organi$ation,' Running UKNG meeling5', Representing the communty of INRS in the UK.. Expanding INR I MT training Opportunities in the UK., Contributions lo Royal College of Radiologists work (maintaining a focus on quality and slandardsl., and Engaging a marketing Mpany. Flnanclal rnvlèw a. Golng concorn After making appropriate enquiries. the Twslees have a reasonable expectation that the Charity has adeqLJale resources lo continue in operational existence for the foreseeable future. For this reason. they continue to 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 accounling polirAes. b. Re$en•$ pollcy The Trustees ensure that the reseryes remain al an adequate lèvel to facilitate the hosting of their meetings, which occur twce a year. All reserves a unreslricte(l and indude designated funds. Structure. governanc• and management a. ConstItuOn UK Neuroinlervenlional Group 15 a registered charity. number 1200037, company number CE029963, and 15 consliluted as a Chantsble Incorporated Organisab"on. SUMER NORTHER14 IRELAND Page 4
Docusign Envelope ID.. 5E9107F6-F2FFC4C1A-0S5F97B7B399 UK Neurointerventional Group IA Charitsble Incorporated Oryanisationl Trustees. Report Icontinuedl For the Year Ended 31 March 2024 Structur•. gov•rnan¢¢ and manag•m•nt lcontlnuod) b. Mathods of appointsnent or elgction of Trustsas The management of the Chanty is the spOnSIbl1 of the Trnslees vh)0 are elected and ctropted under the terms of the CIO - Foundation. Statsmènt of Tru$t¢è$' rnspon$lbilitiè¥ The Trustees are responsible for preparing the Trustees. Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards Iunited Kingdom Generally Accepted Accounting Praclicel. The law applicable to charities in England & Wales requires the Trustees to prepare financial statements for each financial which give a tnje and fair view of the state of affairs of the Charity and of its incoming resources and application of resources, including 115 income arKI expendrture, for that period. In preparing these financial stslements. the Trustees are required lo". select suitable accounting policies and then Ipply them con51slenUy', observe the meth¢xls and principles of the Charities SORP IFRS 1021., make judgements and accounting estimates that are reasonable and prudent,. stsle whether applicable UK Accounting Stsndards IFRS 1021 have been followed, subject to any material departures di$¢lo$ed and explained in the financial ststements., prepare the financial 51alement¥ on the going concem basis unless il is inappropriate lo presume that the Charity wll continue in business. The Trustees are responsible for keeping adequate accounting records that are suffiaenl to show and explain the Charity's transactions and disdose with reasonable accuracy at any time the financial p0511ion of the Charity and enable them lo ensure that the financial stslements eomply wth the Charities Ad 2011, the Chanly (Accounts and Reports) Regulations 2008 and the provisions of the CIO. They are also responsible for safeguarding the assets of the Charity and hence for taking asonable steps lor the prevention and detection of fraud and other irregularities. Approved by order of the members of the board of Truslees on 14 November 2024 and signed on their behalf by.. Peter Anthony Flynn (Trustee) SUMER NORTHER14 IRELAND Page 5
Docusign Envelope ID.. 5E9107F6-F2FFC4C1A-0S5F97B7B399 UK Neurointerventional Group IA Charitsble Incorporated Oryanisationl Indèpèndènt Examinèr's Report For the Yaar Endèd 31 March 2024 Indop•nd•nt Examinorfs Rèport to tho Trustèès of UK Neurointèrventional Group I'tho Charity'l I report to the charity Trustees on my examination of the accounts of the Charty for the year ended 31 March 2024. Rasponsibiliti8s and Basis of Raport As the Trustees of the Charity you are responsible for the preparation of the accounts in accordance wth the requirements of the Charity'es Ad 2011 Ilhe 2011 A¢t'l. I report in respect of my examination of the Chanvs a¢counls carried out under section 145 of the 2011 Act and in carrying out my examination I have followed the applicable Di¢t10n$ given by the Charity Commission under section 1451Sllbl of the 2011 Acl. Ind•p•nd•nt Examln•rf8 Stst•mont Your attenbon is drawn lo the fact that the Charity has prepared the accounts in accordance with Accounting and Reporti'n9 by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance wth the Financial Reporting Standard applicable In the UK and Republic of Ireland IFRS 1021 in preference lo the A¢¢ounting and Reporting by Charities Stslement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulats.ons bul has been withdrawn. l understand that this ha5 been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted A¢¢ounting Practice effective for reporting penods beginning on or after 1 January 2015. I have completed my examination. I confimi Ihat no matters have come to my attention in connection wf(h the examination giving me cause to believe that in any material respect.. accounting records were not kept in respect of the Charity as require(I by sects'on 130 of the 2011 Act., or the accounts do not accord wth those records., or the accounts fjo not comply vrth the applicable requirements conceming the form and content of accounts sel out in the Charities IAc¢ounts and Reports) Regulations 2008 other than any requirement that the accounts give a Irue and fairf wew sthich is not a matter considered as part of an independent examination. SUMER NORTHER14 IRELAND Page 6
Docusign Envelope ID.. 5E9107F6-F2FFC4C1A-0S5F97B7B399 UK Neurointerventional Group IA Charitsble Incorporated Oryanisationl Indèpèndènt Examinèrfs R8port Icontinuadl For the Yaar Endèd 31 March 2024 I have no concerns and have come across no other matters in connecb.tsn wlh the examination lo which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. This report 15 made solely lo the Charity's TTLlStees, as a body. in accordance wrth Part 4 of the Charities (Accounts and Reportsl Regulations 2008. My yrk has been Undertaken so that I might slate to the Charity's Trustees those matters l am required to stste to them in an Independent Examinerfs Report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Charity and the Charity's Trustees as a body, for my work or for this report. Signed.. Dated.. 14 November 2024 Amanda M¢Maw FCA Sum•r Accountsnts Nl Ltd Glendinning House 8 Murray Street Belfast Northern Ireland BT160N SUMER NORTHER14 IRELAND Page 7
Docusign Envelope ID.. 5E9107F6-F2FFC4C1A-0S5F97B7B399 UK Neurointerventional Group IA Charitsble Incorporated Oryanisationl Statamènt of financial activitiès For the Yaar Endèd 31 March 2024 Unrestricted fund5 Total funds Total funds Period ended 31 March 2023 31 March 2024 31 March 2024 Income from: Charitable actiwtses 79,895 79,89S 26,749 Total incom8 79,895 79,895 26,749 Expgndlturo on: Charitable actiwthes 49,083 49,083 31,317 Total oxp8ndltur• 49,083 49,083 31,317 Not movoment In funds 30,812 30,812 14,5681 Reconclllatlon of funds: Telal funds brought forward Nel movement in funds 98,315 30,812 98,315 30,812 102,663 14,5681 Totsl fund$ ¢arrlgd foThY4rd 129,127 129,127 98,315 The Statement of Financial Activities indudes all gains and losse$ recognised in Ihe year. The notes on pages 10 10 15 lom part of these financial statements. SUMER NORTHER14 IRELAND Page 8
Docusign Envelope ID.. 5E9107F6-F2FFC4C1A-0S5F97B7B399 UK Neurointerventional Group IA Charitsble Incorporated Oryanisationl Balancè Shèèt As at 31 March 2024 2024 2023 Mote Curr•nt assets Cash at bank and in hand 133.127 100,315 133.127 100,315 Creditors". amounts falling due wlhin one year 14,0001 12.0001 Net current assets 129.127 98,315 Total assets loss current liabilities 129.127 98,315 Net assots 129.127 98,315 Total net assots 129,127 98,315 Charlty funds Unrestricted funds 129,127 98,315 Totsl funds 129,127 98,315 The financial statements re approved and authorised for issue by Ihe Trustees on 14 November 2024 and signed on their behalf by.. Poter Anthony Flynn (Trusteel The notes on pages 10 10 15 fomi part of these financial stslements. SUMER NORTHER14 IRELAND Page 9
Docusign Envelope ID.. 5E9107F6-F2FFC4C1A-0S5F97B7B399 UK Neurointerventional Group IA Charitsble Incorporated Oryanisationl Not8s to tha Financial Stat8mènts For the Yaar Endèd 31 March 2024 Accounting poli¢i•s 1.1 Basis of praparation of financial statemants The financAal statements have been prepared in accordance wih the Charits"e5 SORP IFRS 1021 Accounting and Reporting by Charities." Statement of Recommended Practice applicable lo Charities preparing their accounts in a¢¢ordan¢e the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. the Financial Reporbng Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Charities Act 2011. The financial statements have been prepared to give a Irue and fairf wew and have departed from the Charities (Accounts and Reports) Regulab"ons 2008 only lo the extent reqUId lo provide a Irue and fai¢ view. This departure has involved followng the Charities SORP IFRS 1021 published in Odober 2019 rather than the Accounting and Reporting by Charities.. Statement ol Recommended Practice effective from 1 April 2005 vthich has since been withdrawn. UK Neuroinlervenlional Group meets the definib.on of a public benefit enlty under FRS 102. Assets nd liabilities are initially recognised at historical cost or transaction value unle88 Othemise stsled in the relevant accountin9 policy. 1.2 Golng concem After making appropriate enquiries. the Trustees have a reasonable expectation that the Charity has adequate resources lo conbnue in operational existence for the I0seeable lulure. For this reason, they continue lo adopt the going ¢on¢em basis in preparing the financial slalemenls. Further details regarding the adoption of the going concern basis can be found in the accounting policies. 1.3 Incomo All ineome is recognised once the Charity has enlillemenl to the ineome. il is probable that the income wll be ceiVed and the amount of InMe ceIVable can be meaSud lIablY. 1A Exp8ndltur• Expenditure is recognised once there is a legal or constructive obligation lo transfer economic benefit lo a third paty. 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 on charitable acliviiies is incurred on directly undertaking the activf(ies vthich further the Charity's objectives, as well as any asswated support cLJsts. All expenditure is inclusive of irrecoverable VAT. 1.5 Internst recelvable Interest on funds held on deposrt is included when receivable and the amount can be measured reliably by the Charity," thi5 is normally upon n011firAtn of the Inte5t paid or payable by the institution wth whom the funds a deposrte(J. 1.6 Cash at bank and in hand Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or le55 from the date of acquisib.on or opening of the dep0511 or similar account. SUMER NORTHER14 IRELAND Page 10
Docusign Envelope ID.. 5E9107F6-F2FFC4C1A-0S5F97B7B399 UK Neurointerventional Group IA Charitsble Incorporated Oryanisationl Not8s to tha Financial Stat8mènts For the Yaar Endèd 31 March 2024 Accounting poli¢io5 Icontinu•d} 1.7 Liabilities and provisions Liabilities are recognised when there is an obligation at the Balano Sheet date as a result of a past event. il is probable that a transfer of economic benefil wll be required in settlement, and the amount of the settlement can be estimated reliably. Liabilities are recognised at the amount that the Charity anticipates il will pay to settle the debt or the amount il has received as advanced payments for the goods or service5 11 mu51 provide. Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pr&tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of Financial Activities as a finance cost. 1.8 Flnanclal Instruments The Charity only has financial a$$et$ 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. 1.9 Fund a¢¢ountlng General funds are unreslricled fvnds which are available lor use at Ihe discrets'on of the Trustees in furtherance of the general objectwes of the Charity and which have not been designated for other purposes. Designated funds comprise unrestricted funds that have been set aside by the Twslees for particular purposes. The aim and use of each design*e(1 fvnd is sel out in the notes lo the financial slatemenls. SUMER NORTHER14 IRELAND Page 11
Docusign Envelope ID.. 5E9107F6-F2FFC4C1A-0S5F97B7B399 UK Neurointerventional Group IA Charitsble Incorporated Oryanisationl Not8s to tha Financial Stat8mènts For the Yaar Endèd 31 March 2024 Income from charitable activities Unrgstrict8d funds Totsl funds Total funds Period ended 31 March 2023 31 March 2024 31 March 2024 Event Sponsorship Subscriptsons Bank interest Educab'onal Project Sponsorship 61,348 2.800 747 61.348 2.800 747 25,021 1,600 128 15,000 15.000 79.895 79,895 26,749 Total 2023 26,749 26,749 Analysls of •xp•ndlture on charitable actlvit• Summary by fund ty Unr•strictod funds Total Total Period ended 31 March 2023 31 March 2024 31 March 2024 Conference fees Secretarial Professional General Travel 44,673 44.673 26,013 1,355 2,610 172 967 2,000 412 1,998 2.000 412 1,998 49,083 49,083 31,317 Total 2023 31,317 31,317 SUMER NORTHER14 IRELAND Page 12
Docusign Envelope ID.. 5E9107F6-F2FFC4C1A-0S5F97B7B399 UK Neurointerventional Group IA Charitsble Incorporated Oryanisationl Not8s to tha Financial Stat8mènts For the Yaar Endèd 31 March 2024 Independent examiner's remuneration Period ended 31 March 2023 31 March 2024 Fees payable lo the Ch8riVs independent examiner for the independent examination of the Charty's annual accounts 2.000 2,000 Tt¥•*' r•mun•ratlon and 0xn$•I During the year, no Trustees receive<l any remuneration or other benefil$12023- £NILI. During the year ended 31 March 2024, no Trustees were reimbursed any expenses. During the period ended 31 March 2023, one Trustee incurred £273 of travel expenses vthich were reimburyed by the Charity. Credltor8: amounts falllng vathln on• y••r 2024 2023 A¢¢rual$ and deferred income 4,000 2,000 Statomont of funds Statsm•nt of fund$ . current year Balanca at 31 March 2024 Balanco at 1 April 2023 Income Expenditure Unrestrlcted funds Dosignated funds Designated Funds- all fvnds 15.000 15.000 Gan8ral funds General Funds- all funds 98.315 64.895 {49.0831 114.127 Total Unrestrictsd funds 98.31S 79.895 {49.0831 129.127 SUMER NORTHER14 IRELAND Page 13
Docusign Envelope ID.. 5E9107F6-F2FFC4C1A-0S5F97B7B399 UK Neurointerventional Group IA Charitsble Incorporated Oryanisationl Not8s to tha Financial Stat8mènts For the Yaar Endèd 31 March 2024 statement of funds Icontinuedl Statom•nt of funds - prlor yoar Balance at 11 AugLlSt 2022 Balance at 31 March 2023 Income Expenditure Unrestrict8d funds General Funds- all fvnds 102,883 26,749 131,3171 98,315 UK Neuroinlervenlional Group obtained charitsble ststus on 11 August 2022 and the peri¢xl &nded 31 March 2023 was the first period for which Financial Statements were prepared. The opening fund as disclosed above relates to the bank balance of £102,883 as at 11 Auguyl 2022. Analysls of n•t a¥ts belln lunds Analys18 of n•t assets funds- currnnt por5od Unrastrlct•d funds 2024 Total funds 2024 Current asset5 Crellilors due wrthin one year 133,127 14,0001 133.127 14.0001 Total 129,127 129.127 Analysls of n•t assets bgt%won funds- prlor porbod Unrestricted funds 2023 Total funds 2023 Current assets cditOrS due wthin one year 100,315 12,0001 100,315 12,0001 Total 98,315 98,315 SUMER NORTHER14 IRELAND Page 14
Docusign Envelope ID.. 5E9107F6-F2FFC4C1A-0S5F97B7B399 UK Neurointerventional Group IA Charitsble Incorporated Oryanisationl Not8s to tha Financial Stat8mènts For the Yaar Endèd 31 March 2024 Relatsd party transactions There were no related paty transacbons during the year ende¢J 31 March 2024. There were also no related party transactions during the period ended 31 March 2023. SUMER NORTHER14 IRELAND Page 15