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2021-12-31-accounts

THE BRITISH SOCIETY OF PERIODONTOLOGY AND IMPLANT DENTISTRY

ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

Charity Registration No. 265815

THE BRITISH SOCIETY OF PERIODONTOLOGY AND IMPLANT DENTISTRY

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees Dr R Nansi President Appointed 1 January 2021
Professor M Ide Immediate Past President
Dr I Dunn Honorary Treasurer
Professor W Turner Honorary Secretary
Professor M Milward President Elect 2023
Professor N West President Elect/SAC Representative
Professor F Hughes Senior Vice President Appointed 1 January 2021
Dr A Pollard Honorary Editor Appointed 14 June 2021
Dr V Vithlani Commercial Liaison Officer Appointed 14 June 2021
Dr A Tugnait Honorary Treasurer Resigned 14 June 2021
Dr R Tucker Honorary Editor Resigned 14 June 2021
Dr I Dunn Commercial Liaison Officer Resigned 14 June 2021
Professor N Donos Immediate Past President Resigned 31 December 2021
Charity number 265815
Principal address P O Box 261
Liverpool
L25 6WP
Independent examiner Alison Whalley FCA
Naylor Wintersgill Limited
Carlton House
Bradford
BD1 4NS
Bankers CAF Bank Ltd
25 Kings Hill Avenue
Kings Hill
West Mailling
Kent
ME19 4JQ
Bank of Scotland
33 Old Broad Street
London
BX2 1LB

THE BRITISH SOCIETY OF PERIODONTOLOGY AND IMPLANT DENTISTRY

CONTENTS

Page
Trustees report 1 - 11
Independent examiner's report 12
Statement of financial activities 13
Balance sheet 14
Notes to the accounts 15 - 25

THE BRITISH SOCIETY OF PERIODONTOLOGY AND IMPLANT DENTISTRY

TRUSTEES REPORT (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2021

1.0 Introduction

The following report has been prepared by the Officers of The British Society of Periodontology and Implant Dentistry, for the financial period 1[st] January 2020 to 31[st] December 2021.

The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the Charity's Trust Deed dated 19th July 1949 and amended in 1999, the Charities Act 2011 and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015)”

1.1 Structure and Objectives of the Society

The Society is a registered charitable Trust, regulated by its original Trust deed dated 19th July 1949, and amended in 1999. The Trust Deed provides for a Constitution and Bye Laws of the Society.

The objectives of the Society, as stated in the Constitution and Bye-Laws are to:

" to promote for the general health, wellbeing and knowledge of the public, the art and science of dentistry and in particular the art and science of periodontology and dental implantology and in furtherance thereof to advance all aspects of periodontology and dental implantology and to promote improvements in the teaching of the same.”

In setting our objectives and planning our activities our Trustees have given careful consideration to the Charity Commission’s guidance on public benefit when reviewing the Society’s objectives and in planning future activities and making grants for the forthcoming year. The Trustees have complied with the duty under Charities Act 2006 s.4 to have due regard to guidance published by the Charity Commission in relation to Public Benefit.

1.2 Principal activities

Over time, BSP Council has developed the following activities as the principal means of achieving our charitable objectives for the benefit of the profession and public:

THE BRITISH SOCIETY OF PERIODONTOLOGY AND IMPLANT DENTISTRY

TRUSTEES REPORT (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2021

2.0 Membership

Membership of the Society is unlimited in number. Members must be registered in the Medical or Dentists’ Register or hold such other qualifications as Council approve, registered as a Dental Undergraduate in the United Kingdom, or be members of an affiliated Society. The membership categories are:

THE BRITISH SOCIETY OF PERIODONTOLOGY AND IMPLANT DENTISTRY

TRUSTEES REPORT (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2021

At the AGM on 15 June 2021, these membership rates were also agreed for 2022!

3.0 Review of the Year

3.1 Subscriptions

The Society's subscription year is from 1st January to 31st December, following the alignment of financial and subscription years in 2002. At the end of 2021, the Society had 1776 members.

3.2 Scientific Meetings

London 2021

Due to the Covid-19 pandemic, the BSP 2020 Conference was postponed twice and eventually took place at The Royal College of Physicians, London, on 12-14 November 2021.

3.3 Charitable work

The Society continued with its charitable work throughout the year, predominantly through the educational programme, dissemination of information to the public and profession and sponsorship of research and educational prizes for career development of young professionals.

3.4 BSP Patient Forum

The members of the BSP Patient Forum, led by Professor Ian Needleman and Professor Shauna Culshaw, continue to play a major role in the improvement of gum health in the UK.

At the end of 2020, Mr Julian Ekiert joined Council as a Patient Forum Representative, after it was recognised that such an appointment would give a voice to the patient community and greatly help the Society by informing and influencing our activity, policy and strategy.

On March 15th 2021, the Patient Forum held the first joint meeting of the London and Scottish members. This was a very productive meeting and a great opportunity for the group to reflect on what they have achieved so far and what they wish to focus on over the coming months.

They were joined by guest speaker, Jim Phillips, Director of Centre for Empowering Patients and Communities (CEmPaC). The group learned a great deal from his experience of leading on the setting up of the NHS Expert Patient Programme, extensive involvement in training health and care professionals in key skills and approaches to support self-management both in the UK and Internationally. The session entitled, “How do we support people to change health related behaviours,” explored the complex relationship between patient expectations and clinicians’ behaviours and concepts now being used by the NHS to facilitate behaviour change.

THE BRITISH SOCIETY OF PERIODONTOLOGY AND IMPLANT DENTISTRY

TRUSTEES REPORT (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2021

During the Summer, six members of the Patient Forum worked with NHS London on a pre-pilot study entitled, “Dental Care for people with Diabetes”. The group met three times in May, June, and August to help shape the structure and aims of the pilot, which include the development of clinical care pathways and networks and how best to integrate medical and dental worlds. If successful, the pilot will be rolled out across England.

The Forum members have supported Council with several initiatives during the year and aim to achieve several of their own including: a series of short patient information videos, an “Ask the Expert” patient webinar and the roll out of Undergraduate Perio Symposiums .

3.5 National Campaign

On 12[th] May, the Society participated in the pan European campaign to raise awareness of the importance of gum health. Due to the Covid-19 crisis, our planned public events could not take place for the second year running and instead we ran a successful online campaign and promoted Gum Health Day via our social media platforms.

The 2021 campaign slogan was “ Gum diseases are preventable,”’ and a simple call to action “Visit your dental team”.

In addition to the EFP resources, the BSP created a series of short videos to help explain some of the signs and symptoms for patients to look out for. We also invited our social media followers to take part in a lockdown challenge, by creating an image/short video to spread this important message. We had a fantastic response with many dental care professionals and dental practices sharing our resources with their patients and posting stories on Instagram about the importance of good oral health. Many created their own posters, artwork and videos to help promote this important initiative.

3.6 BSP Implementation of the EFP’s S3 Treatment Guideline for Periodontitis

In May 2020, the BSP reviewed the EFP’s Evidenced-based Treatment Guidelines. Led by Professor Nicola West and Professor Moritz Kebschull, the BSP held online working group meetings comprised of 75 dental professionals, medical experts, stakeholders and BSP Patient Forum members, to rapidly review the European guidelines, reviewing and adapting them for the UK healthcare system.

The BSP UK version of the S3 Treatment Guidelines for Periodontitis paper was published in the Journal of Dentistry. Recognising the importance of the document, as the recommendations provide evidence-based support for specialists, dentists, dental hygienists and dental therapists, the BSP arranged to provide open online access to all: https://authors.elsevier.com/sd/article/S0300-5712(20)30310-9

This was followed by a series of free educational webinars and development of resources to support the wider dental community, patients and the public.

THE BRITISH SOCIETY OF PERIODONTOLOGY AND IMPLANT DENTISTRY

TRUSTEES REPORT (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2021

3.7 Awards & Prizes

During 2021 the following Prizes were awarded:

PRIZE Award
Audit award
No award		 £500
Sir Wilfred Fish Prize
Chaitanya Pradeep Joshi
"Coronary Artery Disease Risk is Increased by Periodontal Pathobionts."		 £1,000
Systematic Review Prize
Oliver Jones
"Azithromycin as an Adjunct to Subgingival Professional Mechanical Plaque Removal in
the Treatment of Grade C Periodontitis: A Systematic Review and Meta-analysis"		 £1,000
BSP Clinical Fellowship award
Anastasiya Orishko		 Up to
£4,000 per
award
Frank Ashley Undergraduate Prize
Jane Murray
Oliver Ryder		 £500
BSP Research Grant
Joanna Batt		 Up to
£5,000 per
award
Poster Prize
Clinical:
Rajpal Tattar
Research:
Shivani Rani		 £500 each

THE BRITISH SOCIETY OF PERIODONTOLOGY AND IMPLANT DENTISTRY

TRUSTEES REPORT (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2021

3.8 Educational Events:

The society continues to be extremely active in delivering education across the UK. Some events were cancelled due to Covid-19. Listed below are the activities undertaken in 2021:

Date Type of
Event		 Title Presenter
10th
Feb		 Webinar BSP UK Practice Guidelines for the Treatment of
Periodontitis - Step 1		 Prof. Moritz Kebschull
24th
Feb		 Webinar BSP UK Practice Guidelines for the Treatment of
Periodontitis - Step 2 Non-Surgical Periodontology		 Prof. Iain Chapple
10th
Mar		 Webinar BSP UK Practice Guidelines for the Treatment of
Periodontitis - Step 3 Surgical Periodontal Therapy		 Prof. Nikos Donos
24th
Mar		 Webinar BSP UK Practice Guidelines for the Treatment of
Periodontitis - Step 4 Supportive Periodontal Care		 Prof. Nicola West
4thMay Webinar Careers in Periodontics and Specialist Training Dr Mitul Shah
16th
Jun		 Webinar The Two-Way Relationship between Periodontal Disease
and Diabetes Mellitus, by Students for Students		 Sheffield
Undergraduate
Students- Raina Palit &
Mowlni Uthayakumaran
22nd
Sep		 Webinar Soft tissue management around teeth and implants in the
aesthetic zone		 Prof. Stefan Fickl
12-14th
Nov		 Conference Hard and Soft Tissue Regeneration Prof. Nikos Donos &
Guest speakers
20th
Nov		 Webinar Stress and wellbeing within the dental profession, by
Students for Students		 Portsmouth
Undergraduate
Students – Abigail
Eades, Rachel
Haddow, Win
Vongsawat, Maria
Hussain

THE BRITISH SOCIETY OF PERIODONTOLOGY AND IMPLANT DENTISTRY

TRUSTEES REPORT (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2021

This year the Society continued to develop its programme of webinars, which has proven to be an extremely popular and more effective tool than traditional regional lectures. Webinars allow better educational access to all members who can view live (or archived) presentations at home or work, via the web. The webinars in 2021 offered a wide range of relevant and interesting topics and were well received by our members. They also provided two opportunities for Undergraduate Students to develop their presenting skills and encourage peer learning.

The series of four educational webinars, following the publication of the paper, “ BSP Implementation of Treatment of Stage I-III Periodontitis –The EFP S3 Level Clinical Practice Guideline,” were made available to the wider dental community, free of charge. They were carefully planned to support the profession in interpreting the guidelines.

This series of webinars fulfilled our educational objectives and attracted registrations from over 9,000 dental care professionals.

Other events:

BSP at the British Dental Conference & Dentistry Show:

This event was again postponed until May 2022.

British Society of Dental Hygiene & Therapy Conference

This event took place in Glasgow on 26-27[th] November 2021 and Mrs Tamsin Lawson represented the Society.

Early Career Group (ECG) :

Our ECG continues to develop and offer support for new members of the profession interested in periodontology. In addition to the website providing detailed information on Career Pathways and Specialty Training, the Chair of the Group presented a helpful webinar on “Careers in Periodontics and Specialist Training.”

Unfortunately, The ECG Masterclass: Peri-Implantitis - Diagnosis and Treatment Modalities was postponed until 2022 due to Covid-19.

3.9 Partnership agreements

Several companies (Acteon, Durr Dental, GlaxoSmithKline, Johnson & Johnson, and Oral-B) have agreed to donate funds to the BSP to help deliver the aims of our Strategic Plan. These partnerships have been highly successful. The Executive General Manager provides them with regular updates and monthly newsletters, and they have been extremely impressed with the progress made and the projects undertaken during 2021.

3.10 Society’s Website / Social Media

The new website, developed by Optima was launched in August 2020 and offers a more modern platform to support our ever-developing educational programme and membership needs. In addition, it offers improved functionality and allows members to have more control over their BSP activities.

THE BRITISH SOCIETY OF PERIODONTOLOGY AND IMPLANT DENTISTRY

TRUSTEES REPORT (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2021

The BSP website offers key information on periodontal disease and implant dentistry for patients, the public and dental care professionals. It provides key management functionality that the Society use for event bookings, advertising job vacancies and maintenance of membership. The website holds our databases, conference and event registrations, course feedback and CPD certificates and is fully GDPR compliant. In addition, the site also contains case reports, a jobs’ section, newsletters, publications, educational videos and resources. The new website certainly reflects the dynamic nature of the BSP and Mrs Dunn and Mrs Lawson have worked hard to further develop the site over the last twelve months.

The Society has a good social media following with platforms on Facebook, Twitter and Instagram. The social media accounts continue to grow and are led by Mrs Paula Dunn. Private platform posts and dental queries are responded to by Dr Ian Dunn and Dr Alex Pollard. The social media team was supported by Dr Viren Vithlani and Dr Mitul Shah at the 2021 BSP Conference.

The BSP recognise that good, effective communication is key and essential to enable us to achieve our strategic aims and maintain strong working relationships at all levels of the Society. Social media has become an integral part of membership growth, collaboration with other health professionals and raising awareness of the latest news and we continue to explore ways to further develop in this area.

3.11 Monthly Newsletters and Periodical

Honorary Editor, Dr Alex Pollard writes the monthly newsletter with Mrs Paula Dunn. The newsletter is a professional, informative, and well received publication that helps Society members keep up to date on news, clinical information, activities and Society events. The newsletters are distributed by email.

The Periodical magazine is an annual summary of the year’s main events and Society activities. In 2021, we encouraged members to contribute articles to the publication and were delighted to produce a 24-page Periodical. This was distributed in the post to all members.

4.0 Strategic Plan

This major initiative for the society was launched and agreed by the membership at the September AGM 2014. The Society has made considerable progress in delivering on this 5-year plan. The plan aims to develop and deliver a clear vision and mission for the society over the 5 years.

The vision is ‘Periodontal Health for a Better life’ and the mission ‘Promote public & professional awareness of periodontal & implant dentistry to achieve our vison of ‘periodontal health for a better life.’’ The plan consists of 3 strategic aims:

  1. To operate an open process of 2-way engagement with patients, the public and other key stakeholders and provide exchange of knowledge, views and priorities between the Society and the public, patients and healthcare professionals.

  2. To develop, implement and maintain strategic partnerships that will further the strategic aims of the Society and each partner organisation.

  3. To ensure long term growth & sustainability necessary for the Society to achieve its specific objectives.

Over the intervening years several key initiatives have been introduced by the society to deliver on these strategic aims.

The society continues to work closely with its Partner Sponsors to secure funding to help deliver the strategic plan.

The latest 5-year Strategic Plan 2019-2024 is available to view on the BSP website.

THE BRITISH SOCIETY OF PERIODONTOLOGY AND IMPLANT DENTISTRY

TRUSTEES REPORT (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2021

5.0 Financial Report

5.1 Overview of Financial Activity

For the year ending 31st December 2021 the Society’s total income was £452,487 (2020 = £249,012) of which £56,000 (2020 £40,000) was restricted. Related costs were £358,227 (2020 = £225,055) of which £33,737 (£39,748) was restricted. This provided a net surplus of £94,260 (2020 = £23,957) of which £22,263 (2020 £252) was restricted.

5.2 Value Added Tax

With reference to the issue of V.A.T. liability for the Society’s activities the Society, as a Learned Society is exempt from paying VAT on some of it's income. This is under schedule 9/group 9/item 1c of the V.A.T. Act 1994, in that we are an association the primary purpose of which is the advancement of a particular branch of knowledge or the fostering of professional expertise connected with the past or present professions or employments of its members.

With reference to the issue of V.A.T. liability for the Society’s activities the Society, as a Learned Society is exempt from paying VAT on some of it's income. This is under schedule 9/group 9/item 1c of the V.A.T. Act 1994, in that we are an association the primary purpose of which is the advancement of a particular branch of knowledge or the fostering of professional expertise connected with the past or present professions or employments of its members.

The Society, as a non-profit making body, is an eligible body for education under schedule 9, group 6, item 1a. However note 1e makes reference to the purpose to which any profit is put “a body which:

Free reserves at 31 December 2021 were £189,240 (2020 - £117,527).

Restricted funds at 31 December 2021 were £75,895 (2020 £53,632).

The Officers have considered all major risks faced by the Society and feel we have sufficiently robust measures in place to mitigate these risks. A risk management policy in line with Charity Commission recommendations was approved by Council and also by the membership at the September 2003 AGM and continues to direct the Society’s financial strategy. The risk management includes the purchase of insurance to cover all our meetings against cancellation or the failure of speakers to attend.

6.0 Structure, governance and management

The Charity is a registered charitable Trust, regulated by its original Trust deed dated 19th July 1949, and amended in 1999. The Trust Deed provides for a Constitution and Bye Laws of the Society.

THE BRITISH SOCIETY OF PERIODONTOLOGY AND IMPLANT DENTISTRY

TRUSTEES REPORT (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2021

6.1 Officers and organisation

The Trustees who served during the year and to the date for signing the accounts were:

Dr R Nansi President Appointed 1 January 2021 Dr M Ide Immediate Past President

Dr I Dunn Honorary Treasurer Appointed 14 June 2021 Professor W Turner Honorary Secretary Professor M Milward President Elect 2023 Professor N West President Elect/SAC Representative Professor F Hughes Senior Vice President Appointed 1 January 2021

Dr A Pollard Honorary Editor Appointed 14 June 2021

Dr V Vithlani Commercial Liaison Officer Appointed 14 June 2021

Dr A Tugnait Honorary Treasurer Resigned 14 June 2021

Dr R Tucker Honorary Editor Resigned 14 June 2021 Dr I Dunn Commercial Liaison Officer Resigned 14 June 2021 Professor N Donos Immediate Past President Resigned 31 December 2021

The Officers of the Society are the Trustees for the purposes of the Charities Act 1993. The Trustees are elected or re-elected annually at the Annual General Meeting held on 15[th] June 2020.

The Officers who held office during the period of this report are detailed on page 9. The officers whose periods of office ended in 2021 were Dr Aradhna Tugnait, Dr Richard Tucker and Professor Nikos Donos. Professor Francis Hughes became a Trustee in January 2021.

Council manages the affairs of the Society and the Officers of the Society are members of that Council. The Officers of the Society hold office for a period of one year and are eligible for re-election. The Senior Vice-President retains office for not more than two years in succession. The election of Officers is by ballot if necessary and the voting takes place at the Annual General Meeting to which all Society members are invited. The other Members of Council hold office for a period of four years.

The Education and Events Group meet to organise the Society’s annual meeting(s) and the Operational Planning Group made up of Council members support in delivering the Society’s Strategic Plan.

Mrs Paula Dunn, Executive General Manager to the Society, supports all activities of the Society and is crucial to its smooth and efficient performance. Mrs Paula Dunn does provide counsel to the Officers but is not an Officer and does not have a voting position.

Mrs Tamsin Lawson is the Education & Events Manager for the Society and works in a part-time capacity from home.

Mrs Paula Dunn and Mrs Tamsin Lawson are self-employed and remunerated at hourly rates that are reviewed annually and agreed by Council.

THE BRITISH SOCIETY OF PERIODONTOLOGY AND IMPLANT DENTISTRY

TRUSTEES REPORT (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2021

The Trustees report was approved by the Board of Trustees.

Dr R Nansi

President Dated: 29 June 2022

Dr I Dunn Honorary Treasurer Dated: 29 June 2022

THE BRITISH SOCIETY OF PERIODONTOLOGY AND IMPLANT DENTISTRY

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 DECEMBER 2021

I report on the financial statements of the Charity for the year ended 31 December 2021, which are set out on pages 12 to 24.

Respective responsibilities of Trustees and examiner

The Charity’s Trustees are responsible for the preparation of the financial statements. The charity's Trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. The charity’s gross income exceeded £250,000 and I am qualified to undertake the examination being a qualified member of ICAEW.

It is my responsibility to:

Basis of independent examiner's report

My examination was carried out in accordance with the 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 financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeking explanations from you as 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 financial statements present a ‘true and fair view’ and the report is limited to those matters set out in the next statement.

Independent examiner's statement

Your attention is drawn to the fact that the charity has prepared financial statements in accordance with Accounting and reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn.

I understand that this has been done in order for the financial statements to provide a true and fair view in accordance with Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.

In connection with my examination, no other matter except that referred to in the previous paragraph has come to my attention:

Alison Whalley FCA Independent Examiner Naylor Wintersgill Limited Carlton House Grammar School Street Bradford BD1 4NS Dated: 29 June 2022

THE BRITISH SOCIETY OF PERIODONTOLOGY AND IMPLANT DENTISTRY

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 DECEMBER 2021

Unrestricted
Restricted
funds
funds
2021
2021
Notes
£
£
Income from:
Donations and legacies
3
1,000
6,000
Charitable activities
4
394,626
50,000
Investments
5
861
-
Total income
396,487
56,000
Expenditure on:
Charitable activities
6
324,490
33,737
Net income for the year/
Net movement in funds
71,997
22,263
Fund balances at 1
January 2021
489,068
53,632
Fund balances at 31
December 2021
561,065
75,895		 Total Unrestricted
Restricted
funds
funds
2021
2020
2020
£
£
£
7,000
1,000
-
444,626
204,413
40,000
861
3,599
-
452,487
209,012
40,000
358,227
185,307
39,748
94,260
23,705
252
542,700
465,363
53,380
636,960
489,068
53,632		 Total
2020
£
1,000
244,413
3,599
249,012
225,055
23,957
518,743
542,700

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing activities.

THE BRITISH SOCIETY OF PERIODONTOLOGY AND IMPLANT DENTISTRY

BALANCE SHEET

AS AT 31 DECEMBER 2021

Notes
Current assets
Debtors
12
Cash at bank and in hand
Creditors: amounts falling due within
one year
13
Net current assets
Income funds
Restricted funds
15
Unrestricted funds
Designated funds
16
General unrestricted funds		 2021
£
28,048
660,528
688,576
(51,616)
371,825
189,240		 2020
£
£
70,878
664,387
735,265
(192,565)
636,960
75,895
371,541
117,527
561,065
636,960		 £
542,700
53,632
489,068
542,700

The financial statements were approved by the Trustees on 29 June 2022.

Dr R Nansi Trustee

Dr I Dunn Trustee

THE BRITISH SOCIETY OF PERIODONTOLOGY AND IMPLANT DENTISTRY

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2021

1 Accounting policies

Charity information

The British Society Of Periodontology and Implant Dentistry is a Charitable Trust regulated by its original Trust Deed dated 19th July 1949 and amended in 1999.

1.1 Accounting convention

The accounts have been prepared in accordance with the Charity's Constitution, the Charities Act 2011 and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (as amended for accounting periods commencing from 1 January 2019). The Charity is a Public Benefit Entity as defined by FRS 102.

The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn.

The financial statements are prepared in sterling, which is the functional currency of the Charity. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.

1.2 Going concern

At the time of approving the financial statements, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3 Charitable funds

Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

Endowment funds are subject to specific conditions by donors that the capital must be maintained by the Charity.

1.4 Income

Income is recognised when the Charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Bank interest receivable is included on an actual receipts basis.

Income resources are accounted for on a receivable basis.

THE BRITISH SOCIETY OF PERIODONTOLOGY AND IMPLANT DENTISTRY

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2021

1 Accounting policies

Legacies are recognised on receipt or otherwise if the Charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.

1.5 Expenditure

Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to the expenditure. All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category.

These costs include all expenditure for the publication of 'The Journal of Clinical Periodontology'', running conferences devoted to periodontology and the giving of grants to individuals advancing the field of periodontology along with support costs incurred.

1.6 Tangible fixed assets

Tangible fixed assets costing £200 or more are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures and fittings

straight line over 2 years

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

1.7 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.8 Financial instruments

The Charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Charity's balance sheet when the Charity becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

THE BRITISH SOCIETY OF PERIODONTOLOGY AND IMPLANT DENTISTRY

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2021

1 Accounting policies

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the Charity’s contractual obligations expire or are discharged or cancelled.

2 Critical accounting estimates and judgements

In the application of the Charity’s accounting policies, the Trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3 Donations and legacies

Unrestricted Restricted **Total ** Unrestricted
funds funds funds
2021 2021 2021 2020
£ £ £ £
Patient Forum Grant - 6,000 6,000 -
Donated goods and services 1,000 - 1,000 1,000

THE BRITISH SOCIETY OF PERIODONTOLOGY AND IMPLANT DENTISTRY

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2021

4 Charitable activities

Charitable Charitable
Income Income
2021 2020
£ £
Subscriptions 195,617 193,723
Partnership agreements 50,000 40,000
Conferences 189,425 -
Educational courses and webinars 6,530 9,720
Leaflet sales 3,054 970
444,626 244,413
Analysis by fund
Unrestricted funds 394,626 204,413
Restricted funds 50,000 40,000
444,626 244,413

5 Investments

Unrestricted Unrestricted
funds funds
2021 2020
£ £
Interest receivable 861 3,599

THE BRITISH SOCIETY OF PERIODONTOLOGY AND IMPLANT DENTISTRY

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2021

6 Charitable activities

Journal - paper
Journal - electronic
Conference costs
Event management fees
Awards and prizes
Educational initiative
Educational courses webinars
Share of support costs (see note 7)
Share of governance costs (see note 7)
Analysis by fund
Unrestricted funds
Restricted funds		 2021
£
10,729
39,085
149,464
23,907
10,682
33,737
9,042
276,646
76,508
5,073
358,227
324,490
33,737
358,227		 2020
£
12,411
39,788
-
18,769
(191)
170
28,788
99,735
119,089
6,231
225,055
185,307
39,748
225,055

THE BRITISH SOCIETY OF PERIODONTOLOGY AND IMPLANT DENTISTRY

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2021

7
Support costs
Travel
Business Management
fees
Office costs
Insurance
Sundry
Irrecoverable VAT
Computer and website
WorldPay and Bank
charges
Accountancy
Cost of trustees
meetings
Independent examination
Indemnity insurance
Trustees and council
members expenses
Analysed between
Charitable activities		 Support
costs
Governance
costs
£
£
110
-
44,358
-
9,547
-
610
-
1,001
-
13,583
-
16,983
-
2,178
-
3,309
-
-
41
-
4,500
-
456
-
76
91,679
5,073
91,679
5,073		 2021
£
110
44,358
9,547
610
1,001
13,583
16,983
2,178
3,309
41
4,500
456
76
96,752
96,752		 Support
costs
Governance
costs
£
£
1,603
-
46,150
-
7,741
-
608
-
691
-
15,498
-
42,487
-
1,649
-
2,662
-
-
518
-
5,017
-
456
-
240
119,089
6,231
119,089
6,231		 2020
£
1,603
46,150
7,741
608
691
15,498
42,487
1,649
2,662
518
5,017
456
240
125,320
125,320

All costs are allocated to the single charitable activity.

Trustees indemnity insurance was taken out during the year at a cost of £456 (2020 £456).

8 Trustees

None of the Trustees (or any persons connected with them) received any remuneration or benefits from the Charity during the current or previous financial year.

9 Employees

There were no employees in the current or prior year.

10 Taxation

As a charity the company is exempt from tax on income falling within part II of the Corporation Tax Act 2010 and on gains falling within s256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objectives. No tax charges have arisen in the charity.

THE BRITISH SOCIETY OF PERIODONTOLOGY AND IMPLANT DENTISTRY

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2021

11
Tangible fixed assets
Cost
At 1 January 2021
At 31 December 2021
Depreciation and impairment
At 1 January 2021
At 31 December 2021
Carrying amount
At 31 December 2021
12
Debtors
Amounts falling due within one year:
Trade debtors
Other debtors
Prepayments and accrued income
13
Creditors: amounts falling due within one year
Notes
Other taxation and social security
Deferred income
14
Trade creditors
Accruals		 Fixtures and fittings
£
4,250
4,250
4,250
4,250
-
2021
2020
£
£
24,000
3,600
1,608
-
2,440
67,278
28,048
70,878
2021
2020
£
£
-
4,291
33,027
178,135
5,255
5,746
13,334
4,393
51,616
192,565		 Fixtures and fittings
£
4,250
4,250
4,250
4,250
-
2021
2020
£
£
24,000
3,600
1,608
-
2,440
67,278
28,048
70,878
2021
2020
£
£
-
4,291
33,027
178,135
5,255
5,746
13,334
4,393
51,616
192,565
4,250
4,250
4,250
-
2020
£
3,600
-
67,278
70,878
2020
£
4,291
178,135
5,746
4,393
192,565

THE BRITISH SOCIETY OF PERIODONTOLOGY AND IMPLANT DENTISTRY

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2021

14 Deferred income

Other deferred income
Deferred income is included in the financial statements as follows:
Brought forward
Amount released to income
Amount deferred in year
Refunded
Carried forward		 2021
£
33,027
2021
£
178,135
(7,265)
19,027
(2,819)
33,027		 2020
£
178,135
2020
£
162,514
-
24,031
(8,410)
178,135

Deferred income relates to subscriptions and conference paid in advance.

15 Restricted funds

The income funds of the charity include restricted funds comprising the following unexpended balances of donations and grants held on trust for specific purposes:

Movement in funds Movement in funds Movement in funds Movement in funds
Balance at Incoming Resources Balance at Incoming Resources Balance at
1 January resources expended 1 January resources expended 31 December
2020 2021 2021
£ £ £ £ £ £ £
Partnership
Agreements 53,380 40,000 (39,748) 53,632 50,000 (33,737) 69,895
Patient
Forum - - - - 6,000 - 6,000
53,380 40,000 (39,748) 53,632 56,000 (33,737) 75,895

Partnership agreements were received to support the aims of the strategic plan of the charity.

THE BRITISH SOCIETY OF PERIODONTOLOGY AND IMPLANT DENTISTRY

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2021

16 Designated funds

The income funds of the charity include the following designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes:

Balance at
1 January
2020
£
Contingency Fund
141,119
EP8 2015 Legacy
175,000
EP9 2018 Legacy
54,871
370,990		 Transfers
Balance at
1 January
2021
£
£
551
141,670
-
175,000
-
54,871
551
371,541		 Transfers
Balance at
31 December
2021
£
£
284
141,954
-
175,000
-
54,871
284
371,825		 Transfers
Balance at
31 December
2021
£
£
284
141,954
-
175,000
-
54,871
284
371,825
371,825

The contingency fund is invested in a deposit account with Stewardship, a registered charity. It is held to cover costs in the event the charity is wound up, it is not expected to be used in the foreseeable future.

The EP8 2015 Legacy and EP9 2018 Legacy designated funds are to be used for future projects.

The transfer shows the interest earned on this account.

17 Funds

Balance at 1
January 2021
£
Restricted funds
53,632
Designated funds
371,541
General funds
117,527
542,700
Funds prior year
Balance at 1
January 2020
£
Restricted funds
53,380
Designated funds
370,990
General funds
94,373
518,743		 Income
Expenditure
Transfers Balance at 31
December
2021
£
£
£
£
56,000
(33,737)
-
75,895
-
-
284
371,825
396,487
(324,490)
(284)
189,240
452,487
(358,227)
-
636,960
Income
Expenditure
Transfers Balance at 31
December
2020
£
£
£
£
40,000
(39,748)
-
53,632
-
-
551
371,541
209,012
(185,307)
(551)
117,527
249,012
(225,055)
-
542,700		 Income
Expenditure
Transfers Balance at 31
December
2021
£
£
£
£
56,000
(33,737)
-
75,895
-
-
284
371,825
396,487
(324,490)
(284)
189,240
452,487
(358,227)
-
636,960
Income
Expenditure
Transfers Balance at 31
December
2020
£
£
£
£
40,000
(39,748)
-
53,632
-
-
551
371,541
209,012
(185,307)
(551)
117,527
249,012
(225,055)
-
542,700
542,700

THE BRITISH SOCIETY OF PERIODONTOLOGY AND IMPLANT DENTISTRY

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2021

18
Analysis of net assets between funds
Fund balances at 31 December 2021 are
represented by:
Current assets/(liabilities)		 General
Restricted Designated
2021
2021
2021
£
£
£
189,240
75,895
371,825
189,240
75,895
371,825		 Total
2021
£
636,960
636,960		 General
Restricted
Designated
2020
2020
2020
£
£
£
117,527
53,632
371,541
117,527
53,632
371,541		 Total
2020
£
542,700
542,700

THE BRITISH SOCIETY OF PERIODONTOLOGY AND IMPLANT DENTISTRY

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2021

19 Related party transactions